Answer:
Investment in stock X is worth $21,387.60
Explanation:
Expected Return of the protfolio is calculated:
Where:
- Stock X return = 9.7%
- Stock Y Return = 17.7%
- Risk free = 3.8% (investment in Risk free = 18,000/78,000 = 23.08%)
- Investment in X+Y = 1 - Invetment in RF = 1 - 0.2308 = 0.7692
So, replacing the numbers
Where X+Y = 0.7692, so X = 0.7692-Y
Then
So Y = 0.0396/0.08 = 0.495 = 49.5%
X = 0.7692 - 0.495 = 0.2742 = 27.42%
27.42% * 78000 =
Answer: Option (b) is correct.
Explanation:
Given that,
Marginal propensity to save (MPS) = 0.25
Investment spending (I) = $600 million
Government purchases increases by $150 million
MPC - Marginal propensity to consume
MPC + MPS = 1
MPC = 1 - 0.25
= 0.75
Government spending multiplier = 
= 
= 4
Increase in Real GDP = Government spending multiplier × Increase in government purchases
= 4 × 150
= $600 million
Answer:
a. $21 per machine hours
b. $4,855
Explanation:
a. The computation of the plantwide predetermined overhead rate is shown below:
Plantwide predetermined overhead rate is
= Variable overhead cost rate per machine hour + Fixed overhead cost rate per machine hour
= $2 + (fixed manufacturing overhead cost ÷ Estimated machine hours)
= $2 + ($4,275,000 ÷ 225,000 machine hours)
= $2 + $19
= $21 per machine hour
b. Now the total manufacturing cost assigned is
Particulars Amount
Direct material $1,702
Direct labor $1,221
Variable manufacturing overhead $168
(84 × $2)
Total variable cost $3,091
Add:
Fixed manufacturing overhead
(84 × $21) $1,764
Total manufacturing cost assigned
to Job P90 $4,855
Answer:
The explanation is given below:
Explanation:
According to this situation it can be defined as
Pursuant to U.C.C. § 3-203, transfer of instrument is when an instrument is delivered by a person other than an issuer for the purpose of giving to a receiver the right to enforce the instrument. The transfer vests in a transferee the transferor's right to enforce the instrument. The rights include the right as a holder in due course. However, the transferee cannot acquire rights of a holder in due course by a transfer, directly or indirectly, from a holder in due course if the transferee engaged in fraud or illegality affecting the instrument. When an instrument is transferred for value , a transferee does not become a holder because of lack of indorsement. Moreover, when a transferor purports to transfer less than the entire instrument, the negotiation of the instrument does not occur.
The best response of Fannie mae’s to this argument is because Becky Smith signed a note and she cannot own that property as the note was in country home loans name and he defaulted payment under that law.
<span>9.20 percent
Re= 0.036 +1.2(0.085) = 0.138
Re= [($1.10 x 1.02)$19] +.02 = 0.0790526
ReAverage = (0.138 + 0.0790526)/2 = 0.108526
WACC = (1/1.65)(0.108526) + (0.65/1.65)(0.098)(1-0.32) = 9.20 percent</span>
