Answer: 1.108
Explanation:
You have $4 million invested.
You would like to divest $100,000 from a stock with beta 0.9 to the tune of $100,000.
The entire portfolio has a beta of 1.1.
This beta is an average of all the betas in the portfolio.
Proportion of Portfolio to be divested =
= 0.025
Beta of stock to be divested expressed as;
= 0.025 * 1.1
= 0.0275
This will be reinvested in a stock with beta 1.4
Beta of stock to be bought expressed as;
= 0.025 * 1.4
= 0.035
New beta
= 1.1 - 0.0275 + 0.035
= 1.108
Electric bill payable Liability
<h3>Is an electric bill considered a liability?</h3>
In our example, the utility bills for gas and electricity used in December are both an expense and a liability as of December 31.
When the utility bills are paid, the liability is eliminated.
To learn more about liability, refer
to brainly.com/question/24553900
#SPJ4
Answer:
C
Explanation:
When you renege you decide not to go thru with something that you said you would do, or started to do. The customer started to buy the soda, but changed their mind.
Answer:
The monetary base remains unchanged
Explanation:
Answer:
A/R, $875; A/P, $575
Explanation:
The accounts receivable account is the account that records the amount from clients/customers. It is an asset account. The account payable is a liability account used to record amounts payable to vendors.
As such,
Accounts receivable (A/R) control account balance = $750 + $125 = $875
Accounts payable (A/P) control account balance = $200 + $375 = $575