Use the Table for the Question(s)below

question 89

Multiple Choice

Use the table for the question(s) below.
Consider the following returns:

-The covariance between ANZ and WOW's returns is closest to:

• A)0.12.
• B)0.29.
• C)0.10.
• D)0.69.

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Definitions:

Statement of Retained Earnings

A financial statement that summarizes the changes in retained earnings for a specific period, including net income, dividends paid, and adjustments.

Income Statement

A financial report summarizing revenues, expenses, and profits over a specified period, showing the financial performance of a company.

Statement of Cash Flows

A financial report that tracks the cash inflows and outflows from operating, investing, and financing activities over a period.

Statement of Cash Flows

A financial overview explaining how modifications in balance sheet accounts and income levels impact cash and cash equivalents, analyzed through operating, investing, and financing operations.