Question 211

Which of the following is long-term asset?
I). An idle building.
II). Land held by land developers or sub-dividers.
  • Question 212

    A(n) _______ is a numerical descriptive measure of a population, usually unknown.
  • Question 213

    Consider the following information about a fund. The fund has been in existence for 3 years. Over this period it has achieved a mean monthly return of 3% with a sample standard deviation of monthly returns of 5%. It was expected to earn a 2.5% mean monthly return over the 3-year period.
    You want to test a claim that the investment disciplines of the fund result in a standard deviation of monthly returns of less than 6%.
    At the 0.05 level of significance:
  • Question 214

    A portfolio has two securities with 35% and 65% allocations by market value. The first security has a return of 8% and the second security has a return of 14%. What is the unweighted, geometrically average return for the portfolio?
  • Question 215

    A financial analyst has gathered the following information from balance sheet and income statement of a company:

    What is the cash flow from financing activities?