Answer:
Beta = 1.46
Explanation:
Firstly, we need to calculate covariance of S&P 500 return and Well Fargo stock return, using below formula:
Correlation coefficient between Wells Fargo stock return and the S&P 500 Index return = Covariance of S&P 500 return and Well Fargo stock return/(Standard deviation of S&P 500 return x Standard deviation of Well Fargo stock return), or
0.82 = Covariance of S&P 500 return and Well Fargo stock return/(0.237 x 0.423). Solve the equation we get Covariance of S&P 500 return and Well Fargo stock return = 0.082.
Secondly, we calculate beta of S&P 500 return and Well Fargo stock return, using below formula:
Beta = Covariance of S&P 500 return and Well Fargo stock return/Variance of S&P 500 return
= 0.082/(0.237)^2 = 1.46
Answer:
Yes, when doing photography you want to make sure the light is in a certain place. The light can effect everything. You also want to make sure that the light shining on the camera, but somewhere on the thing u are taking a photo of.
Explanation:
Answer: 5000 overstated
Explanation:
The net income is an accounting term that is gotten when depreciation, cost of goods sold, amortization, taxes, interest and expenses are deducted from the income of an entity.
I'm the above question, the net income will be the fair value adjustment that was made which will be:
= 94,000 – 89,000
= 5,000
Therefore, the answer is 5,000 overstated
The given case involves c. both a state and a federal discrimination claim.
<h3>What is a Discrimination Claim?</h3>
This refers to the allegations that are leveled by an employee against his employer about job discrimination based on factors such as immigration status, national origin, etc.
Hence, we can see that in a discrimination claim, if the laws are the same, then a judge can make a decision and apply it to both federal and state claims.
With this in mind, we can see that because Rapunzel who lives in Massachusetts files a discrimination claim against her employer, this is both a federal and state claim because it happened in Massachusetts and she had exhausted her administrative remedies.
This leads to the consideration of the courts to file her claim as this can be arrived at based on the question of A. whether the case can be tried in federal court and which courts have personal jurisdiction over Rapunzel.
Read more about discrimination claims here:
brainly.com/question/5987026
Answer:
Debt-equity ratio = 0.34 or 34%
Explanation:
Weighted average cost of capital (WACC) = 12.7%
Cost of debt = 4.8%
Cost of equity = 15.4%
Let 'We' and 'Wd' be the fraction of capital corresponding to equities and costs, respectively, and that We + Wd =1.
The weighted average cost of capital is given by

The debt-equity ratio is:
