<span>This reflects upward mobility and globalization. It also reflects a tendency by Wesley and his father to follow in their fathers' footsteps and choose a similar (in this case agricultural) career path. It reflects upward mobility because farming your own land is more prestigious and profitable that being a sharecropper, comparing Wesley's father to his grandfather's situation; and owning and international dairy company is more prestigious and profitable than owning one farm. Wesley's role in the world market also represents globalization, as this global market was likely not open to his father or grandfather.</span>
Answer: 1.28
Explanation:
The portfolio beta is a weighted average of the investments in the portfolio.
The new beta will therefore be;
= Portfolio beta - weighted beta of stock being sold + weighted beta of stock to be added
= 1.3 + ( 10,000/150,000 * 1.6) + ( 1.3 * 10,000/150,000)
= 1.3 - 0.11 + 0.09
= 1.28
Answer:
Compound interest; interest.
Explanation:
Compound interest can be defined as the interest that the bank pays you on the principal plus on the interest that you earned the preceding year. Thus, it is simply calculated by adding an interest to the initial principal i.e compounding the interest rather than withdrawal.
Mathematically, compound interest is given by the formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
Answer:
Equivalent units
Materials 10,200
Covnersion Cost 9, 100
Explanation:
![\left[\begin{array}{cccc}&$Physical Units&$Materials&$Conversion\\$Beginning&2,000&0.6&0.4\\$Transferred out&9,000&&\\$Ending&3,000&0.8&0.3\\$Equivalent Units&&10,200&9,100\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26%24Physical%20Units%26%24Materials%26%24Conversion%5C%5C%24Beginning%262%2C000%260.6%260.4%5C%5C%24Transferred%20out%269%2C000%26%26%5C%5C%24Ending%263%2C000%260.8%260.3%5C%5C%24Equivalent%20Units%26%2610%2C200%269%2C100%5C%5C%5Cend%7Barray%7D%5Cright%5D)
The equivalent units will be calcualte as follow:
transferred out
ending x completion
<u> (beginning x completion) </u>
Equivalent units
<u>Materials</u>
9,000 + 3,000 x 80% - 2,000 x 60% = 10,200
<u>Conversion Cost</u>
9,000 + 3,000 x 30% - 2,000 x 40% = 9,100
Answer:
Bob must use $4,000 newspaper ads in two numbers
Explanation:
As given in the question -
Total number of people affected by $5,000 TV ad
Total number of people affected by two $5,000 TV ad
Total number of people affected by $5,000 TV ad 
Total number of people affected by two $5,000 TV ad 
Hence, more number of people are affected by two news paper adds of $4,000