Calip Corporation, a Merchandising Company, Reported the Following Results for October

question 82

Multiple Choice

Calip Corporation, a merchandising company, reported the following results for October: The gross margin for October is:

• A)$232,000
• B)$260,000
• C)$397,500
• D)$196,500

---

Definitions:

Sharpe Measure

A metric used to assess the performance of an investment by adjusting for its risk, calculated as the difference between the investment's returns and the risk-free return rate, divided by the investment's standard deviation.

Beta

An index for assessing the variation or inherent risk of a security or a portfolio as compared to the aggregate market.

Sharpe Measure

A metric used to evaluate the risk-adjusted return of an investment, calculating the difference between the returns of the investment and the risk-free rate, divided by the standard deviation of the investment’s returns.

Beta

A criterion for quantifying the instability or systematic risk of a security or a portfolio in contrast to the market as a whole.