Use the Information for the Question(s)below

question 47

Multiple Choice

Use the information for the question(s) below.
Suppose you have $10,000 in cash and you decide to borrow another $10,000 at a 6% interest rate to invest in the stock market.You invest the entire $20,000 in an exchange traded fund (ETF) with a 12% expected return and a 20% volatility.
-Assume that the EFT you invested in returns -10%,then the realized return on your investment is closest to:

• A)-20%.
• B)-10%.
• C)-24%.
• D)-26%.

Recognize the role of unions and professional organizations in the labour market.

Identify the effects of technological advancements on labour markets.

Understand the implications of workforce demographic changes on labor market dynamics.

Understand the concept and types of extrasensory perception (ESP).

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Definitions:

General Journal Entry

A record in the general journal that represents a transaction and shows the accounts and amounts debited and credited.

F.O.B Shipping Point

F.O.B Shipping Point (Free on Board Shipping Point) is a shipping term indicating that the buyer assumes ownership and risk of the goods being shipped as soon as they leave the seller's premises.

Perpetual Inventory Method

An accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

General Journal Entry

A general journal entry is a record in the general journal that is used to document business transactions according to the double-entry bookkeeping system.