A purchase order is created by the accounting department. <br> a. True <br> b. False

The two stocks in your portfolio, X and Y, have independent returns, so the correlation between them, rXY is zero. Your portfoli

melamori03 [73]

Answer:

B

Explanation:

Beta of a portfolio is given by adding the some of the beta of each stock multiplied by the weights

Overall investment equals $50000+$50000=$100000

which gives Wx=50000/100000=0.5

Wy=50000/100000=0.5

Bp=Wx*Bx)+(Wy*By)

=(0.5*1.6)+(0.5*1.6)

=1.6

The expected return calculated by sum of weight multiplied by expected return

Er=(0.5*15%)+(0.5*15%)

=15%

The portfolio has a beta equal to 1.6 and expected return equal to 15%

6 0

3 years ago

Francis interviews two candidates for an administrative assistant position that will require a fair amount of project management

Sholpan [36]

Answer:

The correct answer is (c)

Explanation:

In this situation, Francis will select the second candidate based on his cognitive abilities. There are various aspects which employers would like to see in a candidate, for example, education, experience, professionalism and many other qualities including cognitive abilities. Cognitive ability shows candidates seriousness towards a job their abilities, how focus they are and their mental strength.

5 0

3 years ago

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat

elixir [45]

Answer:

Given that,

Direct materials = $100,000

Direct labor = $125,000

Applied factory overhead for Department 1 = $150,000

Direct materials = $50,000

Direct labor = $60,000

Applied factory overhead for Department 2 = $70,000

Therefore, the journal entry is as follows:

Work in Process - Department 3 A/c Dr. $555,000

To Work in Process - Department 2 $555,000

(To record the flow of costs into Department 3 during the period)

Workings:

Work in Process - Department 3:

= $100,000 + $125,000 + $150,000 + $50,000 + $60,000 + $70,000

= $555,000

5 0

4 years ago

G during february, $186,500 was paid to creditors on account, and purchases on account were $201,400. assuming the february 28 b

Rufina [12.5K]

<span>The balance on Feb 1 was $44,100. Find by solving for x, the account balance on Feb 1, knowing that $59,900 was the balance on Feb 28. Find by adding $201,400 of purchases and subtracting $186,500 paid to creditors:
x + 201,400 - 186,500 = 59,000.
x + 201,400 = 245,500
x = 44,100</span>

4 0

4 years ago

Absorption and Variable Costing; Inventory Valuation Bondware Inc., has a highly automated assembly line that uses very little d

igor_vitrenko [27]

Answer:

Bondware Inc.

FIFO Inventory Method:

Ending Inventory (60 units):

Absorption Costing = $66,000

Variable Costing = $56,400

Explanation:

a) Data and Calculations:

Unit Production Costs for March:

Direct materials $500

Variable overhead 440

Total variable cost $940

Fixed overhead 160

Total manufacturing

costs per unit $1,100

Calculation of Ending Units of Inventory:

Beginning units 100

Units produced = 500

Units sold = (540)

Ending units = 60

Beginning Inventory, 100 units:

Absorption costing value = $90,000

Variable costing value = $76,000

FIFO Inventory Method:

Ending Inventory:

Absorption Costing = 60 * $1,100 = $66,000

Variable Costing = 60 * $940 = $56,400

5 0

3 years ago

A purchase order is created by the accounting department. a. True b. False