rRF) was 2.25%. Based on this information, which statement below is Correct? Group of answer choices After adjusting for risk, mutual fund S outperformed the other two funds. On a risk-adjusted basis, all of the mutual funds had a postive Alpha. After adjusting for risk, mutual fund M outperformed the other two funds. Mutual fund D had the best Treynor ratio for the period.
Q: [The following information applies to the questions displayed below.] A contribution income…
A: 1) AmountPercent of SalesSelling Price536000100%Varaible Cost32160060%Contribution…
Q: Compute cost of goods sold using the following information. Merchandise inventory, beginning Cost of…
A: Cost of goods sold : This is the amount of cost which consist in inventory and can be calculated as…
Q: .Sunrise Poles manufactures hiking poles and is planning on producing 4,000 units in March and 3,700…
A: The budget is prepared to estimate the requirements for the future period. The direct materials…
Q: When a client engages in transactions involving derivatives, the auditor should: Notify the audit…
A: The auditor should maybe determine whether generally accepted accounting principles specify the…
Q: Earnings (loss) Depreciation (assets have a cost of $570,000) CCA Non-taxable revenue Tax rate 20x7…
A: Permanent differences are differences between taxable income accounting income that are never…
Q: Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn's house. At the…
A: Inventory at the end of financial year to be shown in balance sheet , should means the inventory ,…
Q: Required: b. Which price would Hardyke Group prefer? Note: Enter your answer to 2 decimal places. c.…
A: The transfer price is a concept of mechanism employed in those entities that have multiple…
Q: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per…
A: TOTAL COSTTotal Cost is the cost incurred to manufacturing a product.Total Cost Includes Cost of Raw…
Q: Required information [The following information applies to the questions displayed below.] Chuck…
A: Break-even point:— It is the point of production where total cost is equal to total revenue. At this…
Q: Suppose a company that handles medical supplies has these inventory records for October 2022: Date…
A: The ending inventory using FIFO is $5,891. Therefore, the answer is letter b. Explanation:Step 1:…
Q: Equivalent Units of Production Data for the two departments of Gurley Industries for September of…
A: Both parts of the question are solved.Explanation and Working files are attached below:Comment below…
Q: Calculate the property tax rate required to meet the budgetary demands of the community. Note: When…
A: Tax refers to a charge that is imposed by the government on the income, earnings, property, etc of…
Q: [The following information applies to the questions displayed below.] Jorgansen Lighting,…
A: Absorption costing method is a method of costing in which product cost is calculated by adding…
Q: ces During January, Luxury Cruise Lines incurs employee salaries of $3 million. Withholdings in…
A: A journal entry is documentation of a business deal kept in a company's accounting books. A properly…
Q: Wildhorse Ltd. reported the following abbreviated statement of financial position and statement of…
A: The cash flow statement is prepared using either the indirect method or the direct method. The cash…
Q: Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product…
A: Only relevant costs should be considered while making decisions regarding adding or dropping a…
Q: by Paul Zoukis the owner of Zoukis Forklift Services Ltd because the company has no accounting…
A: The objective of the question is to prepare the accounting records, financial statements, and…
Q: Tracy Company, a manufacturer of air conditioners, sold 100 units to Thomas Company on November 17,…
A: Credit terms 2/10, n/30 means that if payment is being made in 10 days, then 2% discount will be…
Q: Aircard Corporation tracks the number of units purchased and sold throughout each accounting period…
A: Weighted Average Method is one of the methods of inventory valuation in which it is assumed that…
Q: Compute the Net Sales to be reported over the two months. (Do not round intermediate calculations.…
A: The net sales is the sales which has been earned during the period and which has been in net means…
Q: Compute Bond Proceeds, Amortizing Premium by Interest Method, and Interest Expense Ware Co. produces…
A: Price of bond is the present value of coupon payments plus present value of the par value of the…
Q: Problem 3-70 (Algo) Extensions of the CVP Model-Taxes (LO 3-4) Roxford Plastics manufactures and…
A: VARIABLE COST Variable Cost is a cost that varies with the level of output.variable costs include…
Q: Badges of trade are used to determine A. if an individual is UK resident or not B. whether or not a…
A: The objective of the first part of the question is to understand the purpose of 'badges of trade' in…
Q: Jacob is a member of WCC (an LLC taxed as a partnership). Jacob was allocated $90,000 of business…
A: Total tax refers to the overall quantum of duty that an individual or reality is demanded to pay…
Q: k ces Calculate the amount of depreciation to report during the year ended December 31 for equipment…
A: Depreciation expense :— It is the allocation of depreciable cost of asset over the estimated useful…
Q: At January 1, 2021, Café Med leased restaurant equipment from Crescent Corporation under a nine-year…
A: It is a contractual agreement between the owner of the asset who grants the right to use its asset…
Q: Simpson Glove Company has made the following sales projections for the next six months. All sales…
A: Budget means the expected value of future. Budget will be compared with actual value and variance is…
Q: Mauro Products distributes a single product, a woven basket whose selling price is $12 per unit and…
A: 1. Break-even point: This is the level of sales at which total revenue equals total costs, resulting…
Q: Because Lanisha Motors operates in a very competitive environment, it is essential for the…
A: The number of units that must be sold to cover both variable and fixed costs must be ascertained in…
Q: Bret, a resident of Nevada, wants to bring a tort claim (a type of civil lawsuit) against Steve, a…
A: Steve committed the tort in Nevada
Q: Prepare the journal entries that should be made in 2025 and 2026 to record the transactions related…
A: The record of day-to-day transactions in the books of accounts is called journal entries. In a…
Q: Inventory records for Capetown, Incorporated revealed the following: Date Transaction Number of…
A: The objective of the question is to calculate the ending inventory of Capetown, Incorporated using…
Q: for $9,500. Which of the following will be the correct value for closing inventory at thatdate…
A: Closing inventory has to be valued at cost or Net realisable value whichever is lower.
Q: Tiki Company has projected sales and production in units for the second quarter of the coming year…
A: The cash receipts schedule and cash disbursement schedule are prepared to estimate the cash receipts…
Q: Rodriguez Company pays $326,430 for real estate with land, land improvements, and a building. Land…
A: Lets understand the basics.When land and building is purchased in a lump sump then allocation of…
Q: Gadubhai
A: The objective of the question is to calculate the net sales for Bear's Retail Store over the two…
Q: The following information on current assets and current liabilities is for Belkin Company. $ 1,330…
A: The ratio analysis helps to analyze the financial statements of the business on the basis of the…
Q: 11 Doyle Sports makes and sells three products high-quality sports equipment: Standard, DeLuxe, and…
A: CVP analysis, or cost-volume-profit analysis, is a management accounting technique used to analyze…
Q: Determining Amounts in Operating Lease Kulver's Inc. leases equipment from Equip Inc. on January 1…
A: A lease liability refers to the obligation of a lessee to make regular payments to the lessor…
Q: c. On December 31, 2019, an aging-of-receivables, indicates that $41 million of the total…
A: Bad debts expense is recognized in the books of the company when a debtor is unable or unwilling to…
Q: At the beginning of the year, Grouper Ltd. had 910 units with a cost of $5 per unit in its beginning…
A: JOURNAL ENTRIESJournal Entry is the first stage of Accounting Process. Journal Entry is the Process…
Q: Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct…
A: Overhead absorption rate:Overhead absorption rate refers to the rate at which the total overheads…
Q: Please do not give solution in image format thanku
A: Equivalent units means where the some goods remain incomplete at the end of process and we need to…
Q: Cullumber Appliance Co. manufactures low-price, no-frills appliances that are in great demand for…
A: Total cost per unit = 260 + 280 + 390 = $930 per unitSelling price = $ 1830 per unit
Q: The following information on current assets and current liabilities is for Belkin Company. $ 1,330…
A: Quick ratio = Current assets - Inventory ÷ Current LiabilitiesQuick ratio measure business ability…
Q: Schefter Mining operates a copper mine in Wyoming. Acquisition, exploration, and development costs…
A: Initial cost of Copper Mine = Acquisition, Exploration & Development Cost + Present value of…
Q: employee left the entity during the next three years. No employees left the entity during the…
A: Compensation Expenses: These are the expenses met by an employer to pay benefits to an employee…
Q: Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price…
A: Journal entries that are properly documented assist companies in adhering to the legal and…
Q: following operating statistics: Fuel and landing fees Flight crew salaries Airplane depreciation…
A: The weighted average contribution margin is used to assess the overall profitability of a company's…
Q: Brady Construction Company contracted to build an apartment complex for a price of $5,500,000.…
A: % completion = Cost incurred upto date / Total estimated costsGross profit (Loss) = Revenue for the…
Step by step
Solved in 3 steps
- You have been given the following return information for two mutual funds (Papa and Mama), the market index, and the risk-free rate. Year Papa Fund Mama Fund Market Risk-Free 2011 –12.6 % –22.6 % –24.5 % 1 % 2012 25.4 18.5 19.5 3 2013 8.5 9.2 9.4 2 2014 15.5 8.5 7.6 4 2015 2.6 –1.2 –2.2 2 Calculate the Sharpe ratio, Treynor ratio, Jensen’s alpha, information ratio, and R-squared for both funds. (Input all amounts as positive values. Do not round intermediate calculations. Enter all answers as a decimal value rounded to 4 decimal places.) PAPA MAMA SHARPE RATIO: TREYNOR RATIO JENSEN'S ALPHA INFORMATION RATIO R-SQUAREDYou have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .97. Year 2015 2016 2017 2018 2019 Fund -15.06% 25.10 12.60 6.60 -1.32 Market -26.50% 19.70 10.00 7.60 -2.20 Jensen's alpha Information ratio Risk-Free 3% 5 2 4 3 Calculate Jensen's alpha for the fund, as well as its information ratio. (Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places.) %Finance Consider the following information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.89. Year Fund Market Risk-Free 2008 -21.2 % -40.5 % 2 % 2009 25.1 21.1 4 2010 14 14.2 2 2011 6.2 8.8 4 2012 -2.16 -5.2 3 What are the Sharpe and Treynor ratios for the fund? (Round your answer to 4 decimal places.) Treynor ratio 2. Refer to the table below. 3 Doors, Inc. Down Co. Expected return, E (R) 16 % 9.5 % Standard deviation, σ 31 19 Correlation .40 Using the information provided on the two stocks in the table above, find the expected return and standard deviation on the minimum variance portfolio. (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Expected Return % Expected return 3. Consider the following…
- You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Fund Market Risk-Free Year 2011 -21.84 -41.58 38 2012 2013 2014 25.1 21.2 4 14.1 14.5 2 6.4 8.8 -5.2 4 2015 -2.22 3 What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Sharpe ratio Treynor ratioYou have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .97. Year 2015 2016 2017 2018 2019 Fund -20.0% 25.1 13.8 7.4 -2.04 Sharpe ratio Treynor ratio Market -38.5% 20.9 13.6 8.4 -4.2 Risk-Free 1% 4 2 6 2 What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate calculations. Round your answers to 4 decimal places.)You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .96. Year Fund 2015 -14.92% Market -28.50% Risk-Free 2% 2016 25.10 19.90 2017 12.80 10.60 2018 7.00 2019 -1.44 7.60 -2.20 4252 Calculate Jensen's alpha for the fund, as well as its information ratio. (Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places.) Jensen's alpha Information ratio %
- You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. 1TTT Fund Risk-Free Market Year 2011 -20.6% -39.5% 2012 25.1 21.0 3 2013 13.9 13.9 2 2014 7.6 8.8 2015 -2.1 -5.2 2 What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Sharpe ratio Treynor ratioYou have been given the following return information for a mutual fund, the mark return correlation between the fund and the market is 0.97. Market Risk-Free Fund Year 2011 -20.6% -39.5% 1% 2012 25.1 21.0 3 13.9 2013 13.9 2014 7.6 8.8 4 2015 -2.1 -5.2 What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate places.) Sharpe ratio Treynor ratioYou have been given the following return information for a mutual fund, the morket index, and the risk-free rate. You also know that the return correlation between the fund and the market is 97. Year Fund Market Risk-Free 2015 -20.6% 25.1 13.9 7.6 -2.1 -39.5% 1% 2016 21.0 13.9 2017 2018 8.B 2019 -5.2 What ore the Sharpe and Treynor ratios for the fund? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Sharpe ratio Treynor ratio
- You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year Fund Market Risk-Free 2018 -21.8% -41.5% 3% 2019 25.1 2020 14.1 2021 6.4 2022 -2.22 21.2 14.5 8.8 4 2 4 -5.2 3 What are the Sharpe and Treynor ratios for the fund? Note: Do not round intermediate calculations. Round your answers to 4 decimal places.You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. 1ITT Market Risk-Free Year Fund 2011 -21.8% -41.5% 3% 2012 25.1 21.2 4 14.1 2013 14.5 8.8 2014 6.4 4 -2.22 2015 -5.2 What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Sharpe ratio Treynor ratioYou have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year 2011 2012 2013 2014 2015 Fund -15.2% 25.1 12.4 6.2 -1.2 Sharpe ratio Market -24.5% 19.5 9.4 7.6 -2.2 What are the Sharpe and Treynor ratios for the fund? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Treynor ratio X Answer is complete but not entirely correct. Risk-Free 1% 3 2 4 2 0.2273 x 3.4773 X