Compute the Standard Deviation of Kohl's Monthly Returns

question 25

Multiple Choice

Compute the standard deviation of Kohl's monthly returns. The past five monthly returns for Kohl's are 5.55 percent, 8.62 percent, −4.44 percent, −1.52 percent, and 9.75 percent.

• A) 4.92 percent
• B) 5.07 percent
• C) 6.28 percent
• D) 6.12 percent

Analyze changes in current assets and current liabilities to adjust net income for non-cash transactions and changes in operating capital.

Understand the components and preparation of the statement of cash flows.

Identify and calculate cash flows from operating activities using both the direct and indirect methods.

Analyze changes in non-current assets, liabilities, and equity accounts to determine cash flows from investing and financing activities.

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Definitions:

Proportionate Consolidation Method

An accounting technique used for joint ventures, where an entity's share of each of the assets, liabilities, income, and expenses are combined line by line with similar items in the entity's financial statements.

Non-Controlling Interest (NCI)

It represents the equity in a subsidiary not attributable, directly or indirectly, to the parent company.

Proportionate Consolidation Method

A method of accounting where a parent entity combines its share of the subsidiary's assets, liabilities, incomes, and expenses line by line into its financial statements.

Non-Controlling Interest (NCI)

A portion of the equity in a subsidiary not attributable, directly or indirectly, to a parent company, reflecting the minority shareholders' stake.