Using the data in the following? table, and the fact that the correlation of A and B is 0.02?, calculate the volatility? (standard deviation) of a portfolio that is 80% invested in stock A and 20% invested in stock B.

             Stock A   Stock B
2005       -12           16
2006        13           20
2007          8           7
2008         -1         -1
2009          5        -12
2010          6          15

The standard deviation of the portfolio is?

If financial information is to be useful, it must be relevant and faithfully represent what it purports to represent. The usefulness of financial information is enhanced if it is comparable, verifiable, timely and understandable’ (IASB Conceptual Framework for Financial Reporting 2010).

Required:

(a) Identify and explain the fundamental and enhancing characteristics of financial information, as defined by the IASB.

(b) Critically evaluate the use of a conceptual framework as a frame of reference for the regulation of financial reporting.

Compute the Missing Inventory Values.
The following information was disclosed in the 2012 annual report of The Arcadia Company.

Fill in the missing values.

How much heat is required to change a 30.2 g ice cube from ice at -13.8°C to water at 23°C? (if necessary, use c_ice=2090 J/kg°C and c_steam= 2010 J/kg°C)

How much heat is required to change a 30.2 g ice cube from ice at -13.8°C to steam at 120°C?

1. Highlight, with examples, the difference between the ‘Customs Union’ and ‘Economic Union’.

2. What is countertrade? Explain how switch trading works.

3. Making or buying decisions are of great strategic importance to firms in international trade. What are the advantages and disadvantages of such decisions?

4. What are Incoterms? Why do businesses use Incoterms? Highlight the differences in 2 categories of Incoterms 2010.

a) How much heat is required to change a 31.3 g ice cube from ice at -10.6°C to water at 47°C? (if necessary, use cice=2090 J/kg°C and csteam= 2010 J/kg°C) b)How much heat is required to change a 31.3 g ice cube from ice at -10.6°C to steam at 110°C?

1-)The following client care activities need to be completed. It would be most appropiate for the nurse to assign UAP:

a) apply a continuous passive motion (CPM) device to the affected extremity of a client who had a total knee replacement

b) change the bed lines for a client who was admitted 1 hour ago following a closed-head injury and is comatose

c) reposition a client with hydrocephalus who has a headache and is vomiting

d) place in the prone position a client who had an above-the-knee amputation (AKA) 1 day ago

2-) The nurse is planning a staff education conference about infection control guidelines. Which of the following information about alcohol-based hand rub should the nurse include?

a) Use before touching medical equipment that will come in direct contact with the client

b) Avoid using when moving your hands from contaminated body site to a clean body site during client care

c) Avoid using before caring for clients who have severe neutropenia

d) Use after contact with body excretions that do not cause your hands to be visible soiled

3- The nurse should assess first?

a) Acute lymphoid Leukemia(ALL) whose temperature has changed from 99 F to 100.8 F

b) diabetes mellitus (type 1) whose capillary blood glucose level is 275 mg/dL

c) End- Stage renal Disease (ESRD) who had a urinary output of 2 mL during past hour

d) Chronic Obstructive pulmonary disease(COPD) whose respirations are 24

4- The nurse has attended a staff education conference about caring for clients who are receiving positive-pressure mechanical ventilation. Which of the following statements by the nurse would indicate a correct understanding of the teaching?

a) Client should avoid range-of -motion (ROM) exercises until weaned from ventilation

b) Clients may develop stress ulcers and gastrointestinal bleeding

c) Client will be chemically paralyzed to improve oxygenation

d) Clients will experience diuresis and polyuria

5- The nurse should first asses the client:

a) who had a right pneumonectomy 24 hours ago and is in the high-Flower's position while lying on the right side

b) with COPD who is using pursed-lip breathing and reporting hemoptysis

c) who had a wedge resection of the left lung 24 hours ago and is sitting in the high-flowers position

d) with heart failure who has a productive cough and is restless

Internal controls – cash The local swimming club wants to raise some money so that it can install a solar heating system at the local pool. The major fundraising event is a pool party - with live music, free BBQ, and amusements for children. Entry to the pool party is $20 per person, with tickets able to be pre-purchased at the swimming pool entry desk before the event, or people can pay $20 at the entry desk on the day of the festival. 2,000 unnumbered tickets were printed, and these were kept in a box at the swimming pool entry desk. As tickets were sold, the money was put into a locked money box kept at the entry desk. A number of swimming pool staff were responsible for organising the event. Each of these people had a key to the money box and were told that if they took money out to pay for event expenses, they need to put a note in the box saying how much they took and what it was used for. Ticket sales were going well, and the money box was getting quite full after three weeks. The swimming pool staff member who was on the entry desk at the pool that day counted the money, prepared the bank deposit slip and deposited the money into the new bank account that had been opened for the fundraising event. On the day before the pool party, unsold tickets were ripped up and disposed of – as they were no longer needed. (If people wanted to come to the pool party and hadn’t pre-purchased a ticket, they would just need to pay $20 entry at the pool entry desk.) On the day of the pool party, one of the swimming club members worked at the pool entry desk, collecting tickets from people attending the party and collected money from people who hadn’t pre-purchased them. As tickets were presented at reception, they were taken from the attendee, ripped up and disposed of. People attending the party were also able to purchase wrist-bands at the entry desk, for unlimited access to the amusements – for $5 per person. As wrist bands were sold, the money was added into the money box. At the end of the pool party, $500 was taken out of the money box and paid to the DJ. The DJ did not provide a receipt. It was estimated that 1,200 people attended the pool party, and there were approximately 200 children that had wrist-bands for the amusements. The following day, the fundraising event bank account was closed, which had $3,200 in it, and there was also $1,100 in the money box. The swimming club treasurer was surprised that the pool party had only netted $4,300 in cash. Required: Identify the internal control weaknesses in this scenario, and suggest how each could be corrected.

1. From the table above, calculate the inflation rate from 2015 to 2016 (5 points)

2. Use the table above to answer:  If you were earning $40,000/year in 2012, how much would you need to be earning in 2019 to have the same purchasing power?. (5 points)

3. Use the table above to answer:  If average college tuition was $10,000 per year in 2010, what would that be equivalent to in 2019? (5 points)

4. Price inflation in 2021 is expected to be 3%, but because of an economic slowdown as the result of COVID shutdowns, inflation in 2021 was actually only 1%.  

Hourly-wage worker agrees on January 1, 2021, to a three-year union contract at a local factory. A fixed cost-of-living adjustment (COLA) of 3 percent per year is built into the contract.

Is the worker a winner or a loser? (4 points)