Portfolio Composition
an Investment Firm Has Classified Its Clients According

question 169

Short Answer

Portfolio Composition
An investment firm has classified its clients according to their gender and the composition of their investment portfolio (primarily bonds,primarily stocks,or a balanced mix of bonds and stocks).The proportions of clients falling into the various categories are shown in the following table:
$$\begin{array}{l}\quad \quad \quad \quad \text { Partfolin Compasition }\\\begin{array} { | l | c | c | c | } \hline \text { Cender } & \text { Ennds } & \text { Stacks } & \text { Galanced } \\\hline \text { Mala } & 0.18 & 0.20 & 0.25 \\\hline \text { Female } & 0.12 & 0.05 & 0.20 \\\hline\end{array}\end{array}$$ One client is selected at random,and two events A and B are defined as follows:
A: The client selected is male.
B: The client selected has a balanced portfolio.
-Find the following probabilities:
A)P(A/B)
B)P(B/A)

• A)P(A/B)
• B)P(B/A)

Determine time-driven activity rates for specific departmental activities.

Assess the impact of activity-based costing on customer cost analysis reports.

Analyze the capacity analysis report to identify unused capacity in minutes.

Evaluate the financial impact of matching capacity with demand in time-driven activity-based costing.

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Definitions:

Manufacturing Franchise

A type of franchise agreement where the franchisor allows the franchisee to manufacture and sell products using its brand and specifications.

Formula

A mathematical relationship or rule expressed in symbols.

License

A legal permission granted by competent authority to engage in an activity or use a property that would be illegal without such permission.

Trade Name

A business's official name under which it operates and is known to the public, distinct from its legal registered name.