How did madrids tax reforms also aggravate discontent?

You have a portfolio that is equally invested in Stock F with a beta of .91, Stock G with a beta of 1.33, and the risk-free asse

finlep [7]

Answer:

Portfolio beta =0.7467

Explanation:

Weight of each asset = 100% / 3 = 33.33%

Portfolio beta = Respective beta * Respective weight

Portfolio beta = (1/3*0.91)+((1/3*1.33)+(1/3*0)

Portfolio beta = 0.746666666

Portfolio beta = 0.7467

Hence, the beta of the portfolio 0.7467.

6 0

3 years ago

Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $5,800. On September 9, the custom

Gwar [14]

Answer and Explanation:

According to the given situation, the Journal entry is shown below:-

On September 9

Account receivable Dr $5,800

To Allowance for doubtful debts $5,800

(Being written off amount is recorded)

Here we debited the account receivable as it increased the assets and credited the allowance as it decreased the assets

On September 9

Cash Dr, $5,800

To Accounts receivable $5,800

(Being cash collection is recorded)

Here we debited the cash as it increased the assets and we credited the accounts receivable as it decreased the assets

5 0

3 years ago

Prior to the beginning of 2019, Lowe Company estimated that it would incur $176,000 of manufacturing overhead cost during 2019,

adelina 88 [10]

Answer:

raw materials 39,000 debit

accounts payable 39,000 credit

WIP inventory 31,000 debit

factor overhead 11,000 debit

raw materials 42,000 credit

WIP materials 108,000 debit

factory overhead 27,000 debit

wages payable 135,000 credit

WIP invenotry 165,000 debit

factory overhead 165,000 credit

factory overhead 92,000 debit

accounts payable 92,000 credit

factory overhead 35,000 debit

cost of goods sold 35,000 credit

Questions:

a. Purchased materials on account, $39,000.

b. Of the total dollar value of materials used, $31,000 represented direct material and $11,000 indirect material.

c. Determined total factory labor, $135,000 (15,000 hrs. @ $9/hr.)

d. Of the factory labor, 80% was direct and 20% indirect.

e. Applied manufacturing overhead based on direct labor hours to work in process.

f. Determined actual manufacturing overhead other than those items already recorded, $92,000. (Credit Accounts Payable.)

Explanation:

<u>predetermined overhead rate:</u>

expected overhead / expeected labor hours

176,000 / 16,000 = $11

applied 15,000 x $11 = 165,000

<u>factory overhead reconciliaiton:</u>

92,000 + 27,000 + 11,000 = 130,000

applied 165,000

overapplied by 35,000

4 0

3 years ago

Your company introduced a new product one month ago. Since then, the Website has processed so many orders that the shipping and

blondinia [14]

Answer: The web team can create a FAQ page.

Explanation: FAQ is an abbreviation for Frequently Asked Questions. A FAQ page is a page on an c ecommerce store, where answers to important questions about a company or its products and services have been stored. This is done to clarify the uncertainties of customers and show them how the company or its products and services work.

This will greatly help the company reduce questions directed to sales team, as customers can easily find answer to their questions in the FAQ page

3 0

4 years ago

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A T-bill quote sheet h

VashaNatasha [74]

Answer:

1) B

2) A

3) D

Explanation:

1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%

Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days

(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%

5.11 = 400(10,000 - x)/10,000

x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25

3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days

Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%

= 45/10 = 4.5%

4 0

3 years ago