In lizzie shoes’ experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. lizzie shoes sold gift cards for $18,000 during august 2021. $4,000 of cards were redeemed in september 2021, $3,000 in october, $2,500 in november, and $2,000 in december 2021. in 2022 an additional $1,000 of cards were redeemed in january and $500 in february. how much gift card revenue associated with the august 2021 gift card sales would lizzie get to recognize in 2021 and 2022?

Partnerships are the most common type of business firms in the world. t/f

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

What is the relationship between credit and debt?