Answer:
expected return is 15.8%
portfolio beta is 94.5%
Explanation:
a. EXPECTED RETURN: to calculate the the expected return of, we simply multiply each of the stock percentage by its expected return and then sum it up. thus we have
0.2×0.16 + 0.3×0.14 + 0.15×0.2 + 0.25×0.12 + 0.1×0.24= 0.158
Multiply the result by 100% yields 15.8%
B. PORTFOLIO BETA: to calculate the portfolio beta, we simply multiply the weighted average of the stock percentage by the portfolio beta. thus we have;
0.2×1 + 0.3×0.85 + 0.15×1.2 + 0.25×0.6 + 0.1×1.6= 0.945
multiply the result by 100% yields 94.5%
Answer:
The $12,000 is the material handling cost should be assigned to products made in March.
Thus, the correct option is a. $12,000
Explanation:
For computing how much of the material handling cost should be assigned, first we have to calculate the per pound of material. The formula is shown below:
Per pound of material = Labor cost ÷ Number of pounds
= $160,000 ÷ 800,000
= $0.2 per pound of material
Now, multiply this per pound of material with moving pounds.
In mathematically,
Material Handling cost = Per unit of pound × Moving material
= $0.2 × 60,000
=$12,000
Hence, the $12,000 is the material handling cost should be assigned to products made in March.
Thus, the correct option is a. $12,000
Answer:
a) true
Explanation:
2/10 net 30 means that if the costumer pays within 10 days, he will be offered 2% discount, otherwise the amount is due in 30 days in full.
DSO means average number of days the company takes to receive payment from customers of credit sales.
Since the DSO of a firm given is 28 days, which is lower than the 30 days credit period normally offered by the company, therefore it may indicate that the firm's credit department is operating effectively.
Hence, answer is a) true
Answer:
Standard rate per direct labor hour is $27.1
Explanation:
Standard rate per direct labor hour includes the hourly pay rate, Payroll taxes and fringe benefits. For Theresa Corporation,
We have given that
Basic direct labor rate is $21.00 per hour
Payroll Taxes is 10% of basic direct labor rate i.e. 10% of $21.00 = $2.10 per hour
Fringe Benefits is $4.00 per hour.
So Standard rate per direct labor hour = $21.00 + $2.10 + $4.00 = $27.1
