Say if you got a house loan, the bank company is out around let's say 300,000, until you pay it back, the bank will have less money and will affect what the bank does with its money like...well we've given out 4,000 loans, we may have to consider not giving out many more until this one is payed off.
Answer:
This statement is "TRUE".
Explanation:
In this business model the cab drivers are dealing directly with the company itself hence eliminating the middlemen which use to take their cut previously.
Answer:
Work - In - Process: Casting Department $633,600 (debit)
Material $633,600 (credit)
Explanation:
Accumulate the Materials cost in Casting Department Work - In - Process Account and de-recognise the Materials Account as a result of the requisition.
<u>Journal to record Materials Charged to Casting Department</u>
Work - In - Process: Casting Department $633,600 (debit)
Material $633,600 (credit)
Answer:
The expected return and beta on the portfolio be after the purchase of the Alpha stock will be 11.20%; 1.23
Explanation:
Provided data;
90000 value portfolio with expected returns of 11% and beta of 1.20
($10 × 1000) = 10000 value Alpha Corp added with expected returns of 13% and beta of 1.50.
The new expected portfolio return =
rp = 0.1 × 13% + 0.9 × 11%
rp = 0.1 × 0.13 + 0.9 × 0.11
= 11.20%
The new expected portfolio beta =
bp = 0.1 × 1.50 + 0.9 × 1.20
bp = 1.23
The next step in the five-step marketing research approach after defining the problem and developing the research plan is to:
- Collect relevant information.
<h3>What is Research?</h3>
This refers to the use of systems to find out the reasons why things occur, the way the occur and the frequency of occurrence based on the scientific method.
With this in mind, we can see that in the research plan, there are steps to be taken and from there, after defining the problem, we would develop the research plan and then collect relevant information.
Read more about research here:
brainly.com/question/25257437