Refer to the Savoy Corporation Income Statement Accounts. What is the average tax rate for the Savoy Corporation for 2014?
A) 29.6%
B) 33.3%
C) 35.0%
D) 30.0%
Answer: A
Business
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To research facts and statistical information regarding countries, politics or the labor force, what type of resource should be used?
A) Almanacs and other statistical resources B) Business books C) Government publications D) Newspapers and periodicals E) Online databases
Business
Stocks A and B are perfectly negatively correlated ( = -1 ) and their standard deviations are 0.20 and 0.30 respectively. What is the standard deviation of a portfolio with 50% invested in Stock A and 50% invested in Stock B?
A) 5% B) 6% C) 7% D) 8% E) 9%
Business