27.Asset Management RatiosCorn Products, Corp. ended the year 2008 with an average collection period of 48 days. The firm's credit sales for 2008 were $9.8 million. What is the year-end 2008 balance in accounts receivable for Corn Products? (Consider a 365 days a year.)

$0.2042 million

$1.2888 million

$4.898 million

$470.4 million

32.Portfolio WeightsIf you own 620 shares of Air Line Inc at $41.7, 220 shares of BuyRite at $54.95, and 320 shares of Motor City at $8.9, what are the portfolio weights of each stock?

Air Line = .6336, BuyRite = .2962, MotorCity = .0702

Air Line = .5345, BuyRite = .1897, MotorCity = .2759

Air Line = .6200, BuyRite = .2200, MotorCity = .3200

Air Line = .3333, BuyRite = .3333, MotorCity = .3333

33.Required ReturnIf the risk-free rate is 8.9 percent and the market risk premium is 3.8 percent, what is the required return for the market?

8.9%

12.7%

5.1%

3.8%