Answer:
The portfolio return is 2.35%
Explanation:
The portfolio return is the weighted average of the individual stock returns that form up the portfolio. The weightage of each stock is the investment in each stock as a percentage of total investment in the portfolio. The return of a three stock portfolio can be calculated using the following formula,
rP = rA * wA + rB * wB + rC * wC
Where,
- rA, rB & rC represents the individual stock returns
- wA, wB & wC represents the weightage of each stock
rP = -1.53% * 0.25 + 8.07% * 0.3 + 0.7% * 0.45
rP = 0.023535 or 2.3535% rounded off to 2.35%
Answer:
$11,300
Explanation:
The computation of the deferred tax asset is shown below:
= 21%(20X2 Expense) + 25%(20X3 and 20X4 Expense)
= 21%($30,000) + 25%($15,000) + 25%($5,000)
= $6,300 + $3,750 + $1,250
= $11,300
Answer:
$585,000
Explanation:
Given that
Prime costs = $960,000
Conversion costs = $980,000.
Overhead costs = 150% of direct labor costs.
As we know that
Prime costs = Direct material cost + Direct labor cost
So,
Direct material cost + Direct labor cost = $960,000
And,
Conversion costs = Direct labor cost + Manufacturing overhead.
$980,000 = Direct labor cost + 150% of direct labor.
2.5 direct labor cost = $980,000
Direct labor cost = $980,000 ÷ 2.5
= $392,000
So,
Manufacturing overhead is
= $392,000 × 150%
= $585,000
Answer:
California Scientific provides for their long-term funding needs through "<em>Equity Financing".</em>
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Explanation:
Equity financing is the process of raising capital through the sale of shares.
Answer:
2. Express gratitude and best wishes for the future
Explanation:
<u>Note: The given answer is based upon the 3 options provided in the question</u>
Whenever a job offer is to be declined, it must be ensured that such a response letter or email should be in a polite tone wherein one should express gratitude to the employer for the opportunity.
At the same time one should express regret being unable to accept the job owing to some reason.
Another thing noteworthy here being, specific reasons for declining the job offer need not be mentioned since that could result into strained relations with the employer apart from appearing rude and impolite.