1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timama [110]
3 years ago
14

Investors expect the market rate of return this year to be 10%. The expected rate of return on a stock with a beta of 1.2 is cur

rently 12%. If the market return this year turns out to be 8%, how would you revise your expectation of the rate of return on the stock
Business
1 answer:
Artemon [7]3 years ago
3 0

Answer: 9.6%

Explanation:

Expected rate of return on the stock will change by beta times the unanticipated

change in the market return:

1.2 ( .08 - .10) = -2.4%

• Therefore, the expected rate of return on the stock should be revised to:

.12 - .024 = 9.6%

You might be interested in
The following information is available for Fuller Manufacturing Company for the month ending October 31:_______.
denis23 [38]

Answer:

$6,625,000

Explanation:

Direct material $1,323,600

Direct labor. $1,680,000

Total factory overhead. $3,544,200

Add: Opening work in process inventory $455,300

Less: Closing work in process inventory ($378,100)

Costs of goods manufactured $6,625,000

8 0
3 years ago
Colby runs a start-up that sells seasonal holiday packages. He leads a team of 10 people. Every time his customers are happy wit
Westkost [7]

Answer:

bureaucratic control

Explanation:

Bureaucratic control is a management style that tries to control the behavior and performance of the employees through reward or price mechanisms.

In order to achieve its purpose, bureaucratic style managers use a system of standardized rules, processes and verification procedures.

3 0
3 years ago
Gavin is a salesperson for an advertising company. He sells ads to customers directly.
wariber [46]

Answer:

Personal selling.

Explanation:

Promotion is a method of informing and persuading customer to buy product or service or idea. Every company in the market use some or other promotional strategy to penetrate in the market. Corporate have different needs or objective of promotion, like creating awareness, spreading information, increasing sales, increase market share, retaining loyal customer, etc. There are different method of promotion also been used by corporates to achieve their objective according to the budget, time and place of promotion. There are few promotion method used by corporate are: Advertising, sales promotion, personal selling, e-commerce, public relation, and social media.

Personal selling: It is a part of promotional mix, where salesperson sell the product or service to their target customer directly by meeting them personally.

6 0
3 years ago
How much must be deposited today in an account earning 6% annually to accumulate a 20% down payment to use in purchasing a car o
goblinko [34]
Hi there
The price of the car after a year would be
20,000×(1+0.04)
=20,800 because of inflation

The amount of down payment is
20,800×0.2
=4,160

So you need to deposit
P=4,160÷(1+0.06)
p=3,924.5 round your answer to get
P=3925

Hope it helps
8 0
3 years ago
The Smith Company manufactures insulated windows. Costs for March were as follows. Direct labor $53,000 Indirect labor 18,000 Sa
Marat540 [252]

Answer:

$27,000

Explanation:

The following costs were incurred by Smith's company during the month of March

Direct labor $53,000

Indirect labor 18,000

Salary of corporate vice president for advertising 25,000

Direct materials 48,000

Indirect materials 4,000

Interest expense 7,500

Salary of factory supervisor 3,000 Insurance on manufacturing equipment 2,000

Therefore the actual manufacturing overhead for March can be calculated as follows

= Indirect labour + indirect materials + salary of factory supervisor + insurance on manufacturing equipments

= $18,000 + $4,000 + $3,000 + $2,000

= $27,000

Hence the actual manufacturing overhead for March is $27,000

8 0
3 years ago
Other questions:
  • Depreciation:
    5·1 answer
  • Create a list of five action verbs you might use on a job application to describe skills and/or work history.
    7·1 answer
  • If you put $700 in a savings account at an interest rate of 3 percent, how much money will you have in one year?
    9·1 answer
  • erest rate parity holds. The U.S. interest rate is 13 percent and the British interest rate is 10 percent. The forward rate on B
    11·1 answer
  • Jane has worked for 5 years in a professional organization that focuses on high​ specialization, and her productivity is expecte
    14·2 answers
  • After defining the problem that eCompeteUSA wants solved, you need to determine what type of research objective to pursue. What
    6·1 answer
  • The Bogart Company produces 5,000 units of item SLM 46 annually at a total cost of $200,000
    7·1 answer
  • The following information pertains to Julia & Company: March 1 Beginning inventory = 33 units @ $5.70 March 3 Purchased 14 u
    10·1 answer
  • If velocity is constant and, in addition, the factors of production and the production function determine real GDP, then: Group
    8·1 answer
  • When marginal cost is greater than marginal benefit at the current activity level, the decision maker can increase net benefit b
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!