You Have a Portfolio Which Is Comprised of 72 Percent

question 79

Multiple Choice

You have a portfolio which is comprised of 72 percent of stock A and 28 percent of stock B.What is the variance of this portfolio?

• A)190.9
• B)203.8
• C)268.1
• D)290.9
• E) 306.9

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Definitions:

Accounts Payable

Short-term liabilities of a company representing money owed to suppliers and creditors for goods and services received but not yet paid for.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating its short-term liquidity.

Inventory

This refers to the goods and materials that a business holds for the purpose of sale or production.

Pro Forma Statements

Financial statements based on hypothetical scenarios or projections.