The systematic risk for a stock whose beta is 1.3 shows that the stock is <u>higher than</u> the stock market as a whole.
<h3>What is Beta in Stock Market?</h3>
The beta is the statistic that indicates to the trader how that stock performs in contrast to all comparable stocks, or at minimum to the stocks that make a related index.
The volatility of a stock is measured by beta, which is the extent to which its price swings in proportion to the wider stock market.
- A beta larger than one suggests that a stock's price fluctuates more rapidly.
- A beta smaller than one suggests a stock's price becomes less volatile than the market as a whole.
- A beta of one suggests that the stock moves in unison with the entire market.
Learn more about the stock index here:
brainly.com/question/19340027
Answer:In Florida, any driver under 21 years of age who is stopped by law enforcement and has a breath or blood alcohol level of .02 or higher will automatically have their driving privilege suspended for 6 months.
Answer: $721 Unfavorable
Explanation:
The following can be deduced from the question:
Actual hours = 3690 hours
Standard hours = 3620 hours
Standard rate per hour = ($14000 + $27200) / 4000
= $41200 / 4000
= $10.30 per hour
Therefore, the overall variable overhead efficiency variance for the month is calculated as:
= (Actual Hours - Standard Hours) × Standard rate per hour
= (3690 - 3620) × $10.30
= 70 × $10.30
= $721 Unfavorable
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Answer and Explanation:
Answer and explanation attached
Answer: The actual cost of materials was less than the standard cost
Explanation:
Net materials cost variance = Favorable materials price variance + Favorable materials quantity variance
= 380 + (-120 unfavorable)
= 380 - 120
= $260 favorable
<em>As the materials cost variance is favorable, it means that the actual cost of materials was less than what was budgeted for it or rather its standard cost. </em>
