Answer: 2.77
Explanation:
Portfolio Beta is the Weighted Average Beta of all the individual stocks in a portfolio.
Seeing as the other betas and proportions are given, we can plug this into a formula to find out the beta of stock B.
In case you do not see a beta for the U.S. Treasury bills that's fine because beta is a measure of risk and U.S. Treasury bills have NONE so that means that their better is 0.
And if you are wondering what the beta of stock A is, the answer is 1 because that is the beta of the overall market by definition.
Creating a formula therefore we have,
1.75 = 0.17(0) + 0.31(1) + 0.52x
0.52x = 1.75 - 0.31
0.52x = 1.44
x = 2.76923076923
x = 2.77 (2dp)
2.77 is the beta of Stock B.
Cash receipts from customers = $136,000
cash payment for operating expenses = $102,000
tax paid = 1 / 3
Amount on which tax paid = $9,300
amount of tax paid = $9,300 / 3 = $3,100
net cash provides by operating activities = ?
Net cash = cash from customers - cash payment for operating expense - amount of tax paid
= $136,000 - $102,000 - $3,100
= $30,900
so the net cash provided by operating activities is $30,900
Answer:
a. Journal entries to record the reinstatement of the account receivable
Account Title and Description Debit Credit
Account receivable account $600
Allowance for Doubtful Accounts account $600
(Reinstatement of the account receivable)
b. Journal entries to record the receipt of cash
Account Title and Description Debit Credit
Bank Account $600
Account receivable account $600
(Receipt of cash)
Answer:
d) $300
Explanation:
<em>Marginal revenue is the extra revenue from a resource the extra revenue earned from the use of additional unit of a given resource for production purpose. It is calculated as the increase in total revenue as a result of utilizing one additional unit of a factor of production.</em>
Marginal revenue = total revenue from 85 units - total revenue from 70 units
Marginal revenue = ($20 × 85) - ($20× 70)
= $300
