PART B IS REUIRED. PART A HAS BEEN SOLVED

b. You have been asked for your advice in selecting an asset for investment purpose. There are three assets - X, Y and Z- are currently being considered. The mean returns for these assets are shown in the following table. Asset X Asset Y Asset Z Return Return Return 40% 35% 40% 10 10 20 0 -20 10 -5 0 -10 -20

... QUESTION NO. 1 TO MARKS) The income statement and balance sheet for the ABC Ca fit the year ended December 31, 2019 Il 4G Statement ABC Company For the Year Ended Dec 31, 2019 Sales 100.000 Le Cost of Good Sold 195.000 Gross Profit Low Selling Expense S105.000 40.000 General Administrative Expreme 11.000 Les Depreciation 10.000 Operating profil 5.44.000 Les Interest 12.000 Net Probit Before Taxes S 12.000 Les Tax (409) 1.NO Net Income $19.00 1 BaleSheer BC Company For the Far Ended Dember 31, 2019 Cash 5.500 Account Reche 0.000 Imety Total Current A $150 Nesant and get SOLO Tools 5.300.000 Accuble 545.00 Send a chat 7:48 1 Aconial il 4G Total Class 3105.500 Long Tu Dube 55.000 Schodity Comma Stock 71,000 Red Barnings 75.000 Tutal abilities and its 5106.500 The ABC has been posted by the National Bank, majd forma balance sheet for the young December 31, 2030. sing the percent of sales med and the following financiadas, pare the remain dance sheet and also use the simple foto detumise teemal fund needed by the company castle resulting external financing required As 2030 sales expected to increase by 0 Accommovable rement 20% of an Account of Inventory represent of sales Fade Outlys in 2020 $20.000 Total depreciation for 2000 albe S15.00 No long-term debt will be noted in 2030 and wo will be in 2020 The line will dividendo qual toon of its coming her b. You have been asked for your friencing act for laveste purpose. There are three X. Y and Z are currently being consideredThe renow these are shown in the following the AX AV A Send a chat Raw Rew R 10 7:48 1 TO 10 20 0 -20 -5