Portfolio Return at the Beginning of the Month,you Owned $8,000

question 103

Multiple Choice

Portfolio Return At the beginning of the month,you owned $8,000 of Company G,$8,000 of Company S,and $3,000 of Company N.The monthly returns for Company G,Company S,and Company N were 7.80 percent,1.50 percent,and -0.75 percent.What is your portfolio return?

• A)2.85 percent
• B)3.80 percent
• C)4.03 percent
• D)8.55 percent

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Definitions:

Discount Period

The Discount Period refers to a specific timeframe during which a buyer can pay less than the full invoice amount as an incentive for early payment.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, including payment period, discount for early payment, and late penalty.

Accounts Payable

Liabilities or amounts owed to creditors for goods and services received but not yet paid for.

Merchandise Inventory

The goods a company holds for the purpose of sale to customers.