Answer:
2%.
Explanation:
<u>Calculation of the alpha of the stock</u>
Implied Alpha Formula = Actual return - Expected return as per CAPM
Implied Alpha = 11% - 9%
Implied Alpha = 2%
Since you believe the stock will provide instead a return 11%, its implied alpha will be 2%.
Answer: False
Explanation:
Service variability means that the quality of services depends on who provides them. Also where it was provided, when it was provided, and how it was provided are taken into consideration.
Service variability are changes in the quality of identical service that are beung provided by different vendors. It should be noted that the difference in change is due to the nature of the service, delivery method used and the individual providing the service.
Answer:
The correct answer is option D
Explanation:
The reason is that the inventory purchases are record at the cost not at the cost less discount value.
When the company gets the settlement discount it must be accounted for as decrease in purchases price not in quantity and must be credited with the discount received against the accounts payable.
Debit Accounts Payable 5,250
Credit Merchandise Inventory 105
Credit Cash 5,145
