What are some aggressive business tactics?

Donald Gilmore has $100,000 invested in a 2-stock portfolio. $35,000 is invested in Stock X and the remainder is invested in Sto

netineya [11]

Answer:

Beta of Portfolio is 0.98

Explanation:

<u>Given</u>: Investment in security X = $35,000

Investment in security Y = $65,000

Beta of X = 1.5

Beta of Y = 0.70

Beta is a measure of degree of responsiveness of a security return with respect to market return.

The portfolio beta is the weighted average beta of individual stock beta's in a portfolio.

Beta of portfolio = Beta of Stock X × Weightage of money invested in X + Beta of Y × Weightage of money invested in Y

Beta of Portfolio = 1.50 × $\frac{35,000}{100000}$ + 0.7 × $\frac{65000}{100000}$

Beta of Portfolio = 0.525 + 0.455 = 0.98

6 0

3 years ago

Luis, marlon, and victoria are counting money. they each have the same amount in dollar bills, quarters, dimes, nickels, and pen

Hoochie [10]

The characteristics is its divisibility: money can be divided into smaller parts and the sum of those parts has the same value as the original money. Here we see that different people have the same amount of money in different forms.

Other characteristics of money are its durability, transportability and the resistance to being faked.

4 0

4 years ago

Read 2 more answers

Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $289,

77julia77 [94]

Answer:

Allocated MOH= $297,435

Explanation:

Giving the following information:

Budgeted factory overhead was $289,920

budgeted machine-hours were 19,200.

Actual machine-hours were 19,750

First, we need to calculate the estimated overhead rate.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 289,920/19,200= $15.06 per machine hour.

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 15.06*19,750= $297,435

4 0

4 years ago

Read 2 more answers

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f

dimulka [17.4K]

Answer:

1. 34.43%

2. 0.50

3. 17.31%

Explanation:

Alyeska services company has a sale of $18,300,000

The net operating income is $6,300,000

The average operating assets is $36,400,000

(1) The margin can be calculated as follows

Margin= net operating income/sales ×100

= $6,300,000/18,300,000×100

= 0.34426×100

= 34.43%

(2) The assets turnover ratio can be calculated as follows

= Sales/Average operating assets

= $18,300,000/$36,400,000

= 0.50

(3) The Return on investment ROI can be calculated as follows

= Net operating income/Average Operating assets × 100

= $6,300,000/$36,400,000 × 100

= 0.17307×100

= 17.31%

Hence the margin, assets turnover ratio and ROI are 34.43%, 0.50 and 17.31% respectively

6 0

3 years ago

Exercise 201 This information relates to Crane Co. for the year 2022. Retained earnings, January 1, 2022 $56,000 Advertising exp

aniked [119]

Explanation:

The preparation of the year-end 2022 income statement for Crane Co.is shown below:

Crane Co.

Income statement

For the year 2022

Revenue

Service revenue $63,500

Total revenues $63,500 (A)

Less: Expenses

Advertising expense $1,800

Rent expense $10,000

Utilities expense $2,300

Salaries and wages expense $25,300

Total expenses $39,400 (B)

Net income $24,100 (A- B)

7 0

3 years ago