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strojnjashka [21]

3 years ago

9

A stock has an expected return of 12 percent, its beta is 0.35, and the risk-free rate is 4.8 percent. what must the expected re

turn on the market be

1 answer:

Reil [10]3 years ago

5 0

A stock has an expected return of 12 percent,

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American energy review reported that 27% of american households burn wood. if a random sample of 500 american households is sele

Juli2301 [7.4K]

This is binomial distribution problem. <span>
We are given that:</span>

n = sample size = 500

p = proportion which burns wood = 0.27,

q = proportion which does not burn wood = 1-p = 0.73

<span>
A. Mean is calculated as:</span>

Mean = n*p

Mean = 500 * 0.27

Mean = 135

<span>
B. Variance is calculated as:</span>

Variance = n*p*q

Variance = 500*0.27*0.73

Variance = 98.55

<span>
C. Standard deviation is calculated as:</span>

Standard deviation = sqrt(variance)

Standard deviation = sqrt(98.55)

<span>Standard deviation = 9.93</span>

4 0

3 years ago

Electronic media have changed the way employers select qualified candidates. Applicant tracking systems (ATS) are often the firs

guapka [62]

Answer:

a. Move all text to the right.

a. Unusual typefaces, underlining and italics.

c.Unfamiliar abbreviations.

Explanation:

Application Tracking System (ATS) is a software which helps organization to manage the recruiting process. It enables to look for required skills in a certain applicant and then select those candidates who matches the certain requirements by organization.

The candidates should format the resume as short lines and mention key points. Move all text to the right to be able for ATS to ease tracking process.

The candidates should avoid including unusual typefaces and italics, should not use unfamiliar abbreviations.

8 0

3 years ago

You wish to retire in 15 years, at which time you want to have accumulated enough money to receive an annual annuity of $31,000

kupik [55]

Answer:

$ 5,507.47

Explanation:

There are two steps involved in solving this question ,first we need to determine the present of annuity of $31,000 receivable per year after retirement at retirement date,then use that to calculate the annual contribution:

=-pv(rate,nper,pmt,fv)

rate is the rate of interest during retirement which is 14%

nper is the period during which the $31000 would be received which is 20

pmt is the $31000 annuity per year

fv is the future worth of the annuity which is unknown

=-pv(14%,20,31000,0)=$ 205,317.05

The present value above is the future value of the retirement contributions

annual contribution=pmt(rate,nper,pv,-fv)=pmt(12%,15,0, 205317.05) =$ 5,507.47

5 0

3 years ago

a boy is three years younger than his sister. two years ago he was two-thirds of his sister's age. what are their present ages

padilas [110]

Answer:

The boy: 8 years old

The sister: 11 years old

Explanation:

We assume that the age at present of the boy is x (years old).

As he is younger than his sister 3 years, so that his sister's present age is great than x 3 years

=> Her present age is: x + 3 (years old)

Two years ago, the boy is younger than present two years

=> The boy's age two years ago is: x - 2 (years old)

Similarly, the sister's age two years ago is: (x+3)-2 = x + 1 (years old)

As given, two years ago he was two-thirds of his sister's age, so that we have:

<em>The boy's age two years ago = </em> $\frac{2}{3}$ <em> × the sister's age two years ago</em>

⇒ $x - 2 = \frac{2}{3}(x+1)$

⇒ $x - 2 = \frac{2}{3}x + \frac{2}{3}$

⇒ $x - \frac{2}{3}x = \frac{2}{3} + 2$

⇒ $\frac{1}{3} x = \frac{8}{3}$

⇒ $x = \frac{8}{3}. 3 = 8$

=> x + 3 = 8 + 3 = 11

So the present age of the boy is 8 years old, of the sister is 11 years old

5 0

3 years ago

Booker Corporation had the following comparative current assets and current liabilities: Dec. 31, 2017 Dec. 31, 2016 Current ass

stiks02 [169]

Answer:

Liquidity measures for the year 2017 are as under:

Current Ratio = 1.5

Working Capital = $100,000

Acid Test Ratio = 0.95

Accounts Receivables Turnover = 10 times

Inventory turn over = 4 times

Explanation:

<u>Current Ratio</u>

Current Ratio = Current Assets ÷ Current Liabilities

<u>Dec 31, 2017</u> <u>Dec 31, 2016 </u>

$300,000 ÷ $200,000 $245,000 ÷ $155,000

Current Ratio 1.5 1.6

<u>Working Capital</u>

Working Capital = Current Assets – Current Liabilities

<u>Dec 31, 2017</u> <u>Dec 31, 2016 </u>

$300,000 – $200,000 $245,000 – $155,000

Working Capital $100,000 $90,000

<u>Acid Test Ratio</u>

Acid Test Ratio = (Current Assets – Inventory) ÷ Current Liabilities

<u>Dec 31, 2017</u> <u>Dec 31, 2016</u>

($300,000 – $110,000) ÷ $200,000 ($245,000 – $90,000) ÷ $155,000

Acid Test Ratio 0.95 1.00

<u>Accounts Receivables Turnover Times</u>

Accounts Receivables Turnover = Credit Sales ÷ Average Accounts Receivables

Average Accounts Receivables = (Opening Accounts Receivables + Closing Accounts Receivables) ÷ 2

Average Accounts Receivables = ($55,000 + $95,000) ÷ 2 = $75,000

Accounts Receivables Turnover = $750,000 ÷ $75,000 = 10 Times

<u>Inventory Turnover Times</u>

Inventory Turnover = Cost of Goods Sold ÷ Average Inventory

Average Inventory = (Opening Inventory + Closing Inventory) ÷ 2

Average Inventory = ($110,000 + $90,000) ÷ 2 = $100,000

Inventory Turnover = $400,000 ÷ $100,000 = 4 Times

5 0

3 years ago