Suppose the 2022 income statement for McDonald’s Corporation shows cost of goods sold $5,442.0 million and operating expenses (including depreciation expense of $1,268.0 million) $11,494.0 million. The comparative balance sheets for the year shows that inventory decreased $5.7 million, prepaid expenses increased $38.6 million, accounts payable (merchandise suppliers) increased $14.8 million, and accrued expenses payable increased $186.0 million. Using the direct method, compute (a) cash payments to suppliers and (b) cash payments for operating expenses. (a) Cash payments to suppliers $Enter cash payments to suppliers in millions of dollars million (b) Cash payments for operating expenses $Enter cash payments for operating expenses in millions of dollars million

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%.