Show that there is an arbitrage by taking the following steps:. 1. Construct portfolio G through a combination of Portfolio A and Portfolio F. Set the portfolio weights so that the portfolio G has the same beta of portfolio E.
2. Consider a long short portfolio that longs Portfolio G and shorts Portfolio F. Report the return, rG-rF, for this long short portfolio in the answer box. Express your answer in percentage terms, rounded to the nearest tenth of a percent.

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold. mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)