Leslie's budget is hurting in the areas of transportation, groceries, phone and dining out.
<u>Explanation:</u>
For transportation, cash is required for every day. So Leslie is spending more on transportation every month. Forgoing back and forth out anyplace she will burn through cash on transportation.
She is likewise spending cash on goods. Staple goods will be an essential one for living these days. So the financial backing is harming here.
She is spending another hand on the telephone and eating out. For the telephone, she will energize each month. She will feast out with companions each day.
Answer:
the beta of the second stock is 1.77
Explanation:
The beta of the second stock is shown below;
Investment in each = (1 ÷ 3)
Now as we know that
Portfolio beta = Respective investments × Respective weights
1 = (1 ÷ 3 × 1.23) + (1 ÷ 3 × beta of the second stock) + (1 ÷ 3 × 0)
We assume the Beta of risk-free assets would be zero
1 = 0.41 + (1 ÷ 3 × beta of the second stock)
The beta of the second stock is
= (1 - 0.41) × 3
= 1.77
Hence, the beta of the second stock is 1.77
Answer:
$2.90 per unit
Explanation:
The computation of the cost per equivalent unit of conversion is attached below:-
The formulas are shown below:-
Equivalent material = Direct material × Percentage completion
Equivalent conversion = Conversion × Percentage completion
The cost per equivalent unit come from
= Total cost ÷ number of equivalent units
hence, the cost per equivalent unit of conversion is $2.90 per unit
Answer:
$35,000
Explanation:
As the Allowance of Doubtful Accounts account already has the balance of $12,000, and we need $35,000 at the end of the year. We know that Allowance of Doubtful Accounts account account has credit nature so it needed $23,000 ($35,000 - $12,000) to be adjusted at the end of the year to make the adjusted balance equals to $35,000. So, the adjusted account balance will be $35,000.
The price elasticity supply of doctors could be considered relatively inelastic because it takes a minimum of four to six years of training to be able to work as a physician.
<h3>What is supply?</h3>
Supply can be defined as the part of a commodity or a service that is being placed in the market for the consumer to buy.
The price elasticity supply of the doctor will increase after their education, but the price will not be that much efficient as it produces relatively less elasticity.
The proportion variation inside a commodity's currency values in a substantially lower proportion variation in the amount desired.
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