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Returns Year X Y 1 18 % 15 % 2 21 33 3 12 14 4 – 14 – 19 5 10 23 Using the returns shown above, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. (Do not round intermediate calculations. Enter your average return and standard deviation as a percent rounded to 2 decimal places, e.g., 32.16, and round the variance to 5 decimal places, e.g., 32.16161.)
X Y
Average return 9.40 % 13.20 %
Variance
Sandard deviation 13.81 % 19.55 %
Prepare an income statement in comparative form, stating each item for both years as a percent of sales.- Comment on the findings.
Year Account balance, beginning of year" "Deposit at beginning of year" "Interest earned during year" "Total in account, end year"
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Many states prohibited bank branching because of all of the following except:
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