Consider the following information: State of Economy Recession Normal Boom Probability of State of Economy 15 .55 .30 Rate of Return if State Occurs Stock A .04 .09 .17 Stock B -.17 .12 .27 a. Calculate the expected return for Stocks A and B. (Do not round intermediat calculations and enter your answers as a percent rounded to 2 decimal places, e.g 32.16.) b. Calculate the standard deviation for Stocks A and B. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g... 32.16.)

Q: Which components of audit risk can an auditor control? Explain

A: An auditor is a professional who is responsible for verifying a business entity's financial…

Q: P12.2 (c)

A: Ending Retained Earnings  = Beginning Retained Earnings  + Net income - dividend declared…

Q: Discuss the different types of risks at risk management?

A: Events can have negative impact, positive impact, or both. Events with a negative impactrepresent…

Q: What is IFRS 9, why do we use IFRS 9 and provide some example were do we use IFRS 9.

A: When a company becomes a participant in the contractual requirements of an instrument, IFRS 9…

Q: How does Amazon use FASB Codification 350 while being in GAAP Compliance ?

A: Intangible assets are non-physical assets that have no inherent value and cannot be touched or seen.…

Q: requirements

A: These are the following- 1. Such risks must be statistically predictable- This is one of the major…

Q: Explain the circumstances of reclassification from FVPL to FVOCI.

A: Reclassification is a journal entry which includes transfer from one general ledger to another. It…

Q: 6600 is not the answer

A: Child Tax Credit is $3,600 for children aged 6 and Under at end of 2021 Child Tax Credit is $3,000…

Q: 321,818 is incorrect. What is the correct answer?

A: Revenue: We consider unit sales and price per unit to determine total revenue.Variable Costs: Based…

Q: I don't understand where the number 19.88798 comes from

A: In this question we are provided with the factor table. Hence we will have to use the values in the…

Q: groupthink

A: Organization - Management's foundation is organization because, without effective organization, no…

Q: How do I do PR 20-3a

A: Sales revenue: It is the revenue earned by a business on selling the goods or providing services to…

Q: What is the answer to part b? Is it -1245? Is the sign negative or positive?

A: The inventory valuation includes two methods named as FIFO (First in First Out) and LIFO (Last in…

Q: New entrants of BDO unibank?

A: This question seems incomplete with a lot of missing information. I am trying my best to answer this…

Q: Discuss the key features of Section 302 of SOX.

A:

Q: State the key differences between IFRS and U.S. GAAP.

A: IFRS stands for International Financial Reporting Standards. These are accounting standards issued…

Q: Explanation 1031 like-kind exchange

A:

Q: 605.53 is not the correct answer, please double check

A: Traditional Model & Expected Cash Flow Model: Traditional Approach - In the traditional…

Q: what is iso9000:2015

A: 1) ISO 9000:2015 Ans) ISO 9000:2015 defines the concepts and phrases that relate to all efficiency…

Q: Required Information Ch06 Predecessor-Successor Auditor Communications [LO6-2] Predecessor-Successor…

A: Audit standards require that successor auditors communicate with predecessor auditors prior to…

Q: Which basis of measurement is allowed in standard IFRS16?

A: IFRS or International Financial Reporting Standards are the guidelines of accounting given by the…

Q: What is AAA (Section 1368(e))

A: The S corporation is a corporation that chooses to pass all income, losses, deductions, and all…

Q: positions on the issue of privacy?

A: The philosopher Immanuel Kant held with dignity that all moral agents should respect their…

Q: The answer is somewhat close. The right answer is 1.5337 Please clarify

A: Stock price is $50 Strike price is $52 Risk free rate is 1% Time period is 3 months To Find: Value…

Q: SE13-1, SE13-2, SE13-4 were answered in a previous question. Please look at SE13-4, SE13-5, SE13-6.

A: Since, you have specifically asked for 4, 5 and 6 part. So, we have solved the same for you.

Q: E14.3 (b)

A: The cash flow statement is helpful for the stakeholders as they can identify the organization's…

Q: practical issues of wacc

A: Every entity uses a mix of equity and debt to fund its operations. This mix is recognized as the…

Q: explain the the diffrence between  IFRS17  and IFRS4

A: IFRS17 is the International Financial Reporting Standard for Insurance Contracts, which was issued…

Q: Which of the following statements most appropriately describes the nature of digitalization?

A: Digitalization is the use of technology in different aspects of human life to make the work/problems…

Q: Define R&D according to U.S. GAAP.

A:

Q: 1. Audit evidence and reliability 2. Indicative going concern factors

A: Audit evidence is the information collected and used to support audit findings. It provides a…

Q: as fortuitous event? J

A: The pandemic issue has caused in an increase in breach of contract processes worldwide,…

Q: Whatisthedifferencebetweensimpleinterestandcompoundinterest?

A: Interest: Interest is the amount of interest paid on the issue price of the notes by the issuer at…

Q: Why is a policy statement important?

A: A policy statement or an investment policy statement is a document created by the investment…

Q: HOW TO COPY FORMULA FROM RANGE B8:B11 TO RANGE C8:H11?

A: To create and copy a formula using relative references: Select the cell that will contain the…

Q: #03: Discuss auditor’s opinion with example?

A: Auditor's Opinion:- An auditor's opinion is a formal statement created by an auditor regarding a…

Q: Where does 4.0312, 2.9931, and 3.5431 came from? Can you explain?

A: 4.0312,2.9931 and 3.5431 are PV of annuity factors. To determine the equivalent annual saving(EAS,…