When using the direct method, how is the sale of long-term investments for cash reported on the statement of cash flows?

George wants to pick a stock for his Diversified Hedge Fund. The fund has holdings in every country with a stock market. George is trying to decide which asset he should add to his portfolio: Stock A or Stock B

Expected return, Standard deviation and beta values for the two stocks are outlined in the table below. Which stock is best for George's portfolio and why? Stock A Stock B Risk-Free Asset Expected Return 8% 12% 5% Standard Deviation 12% 22% Beta 1 2 A) Stock A because it has a lower Beta. B) Stock A because it has more return per unit of standard deviation. C) Stock B because it has a higher return. D) Stock B because it has a higher Treynor Index with respect to standard deviation. E) Stock B because it has a higher Treynor Index with respect to Beta.

When is a leader most likely to be viewed as highly effective?

A) The leader makes small changes in strategy, and performance slowly improves. B) The leader makes major changes in strategy, and performance slowly improves. C) The leader makes major changes in strategy, and performance rapidly improves. D) The leader makes no changes in strategy, and performance remains high.