What is the difference in the number of rooms that should be held by the Stone Lion if the standard deviation of corporate demand increases by five and if it decreases by five?

A firm sells its accounts receivable to a factor at a 5% discount. If the average collection period is 1 month, determine the effective annual rate of interest on the factoring.

A) 80.06% B) 90.06% C) 75.06% D) 85.06%

Standard deviation measures which type of risk?

A. total B. nondiversifiable C. unsystematic D. systematic E. economic