In Consolidation at December 31, 2020, What Adjustment Is Necessary

question 69

Multiple Choice

In consolidation at December 31, 2020, what adjustment is necessary for Hogan's Buildings account?

• A) $1,440 increase.
• B) $1,440 decrease.
• C) $1,600 increase.
• D) $1,600 decrease.
• E) No adjustment is necessary.

Explain the concept of net neutrality and its significance in the digital age.

Differentiate between high culture and popular culture, and articulate changes in their perceptions over time.

Understand the role of censorship and self-regulation in media content.

Recognize the active role of media audiences in interpreting and reshaping media content.

---

Definitions:

Jensen Portfolio

A portfolio evaluated using Jensen's Alpha, which measures the excess return of the portfolio over the predicted return by the CAPM model for its level of risk.

Treynor Measures

Financial metrics used to assess the returns earned on a portfolio in excess of that which could have been earned on a risk-free investment, per each unit of market risk.

Sharpe Measure

A ratio developed by William F. Sharpe to measure risk-adjusted performance of an investment, calculating how much excess return you are receiving for the extra volatility that you endure for holding a riskier asset.

Dollar Weighted

A method of measuring investment returns which accounts for the size and timing of cash flows into and out of the portfolio.