Answer:
Common stock and $100
Explanation:
The journal entry is shown below:
Cash Dr $500 (100 shares × $5)
To Common stock $100 (100 shares × $1)
To Additional paid in capital in excess of par value - common stock (100 shares × $4)
(Being the issuance of the common stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock and additional paid in capital as it increased the stockholder equity
Answer:
The beta of the portfolio is 1.22
Explanation:
In calculating the beta of the whole portfolio, we can calculate the weighted average beta of each stock .The sum of all weighted betas give the beta of the entire portfolio.
Beta of portfolio=amounted in first stock/entire amount invested*beta of the first+amount invested in second stock/entire amount invested *beta of the second stock
Beta of portfolio=($32000/($32000+$42000))*1.1+($48000/($32000+$48000))*1.3
Beta of portfolio=1.22
Answer:
Nice Peolple
Explanation:
Because They Work Hard ⇔∑∑⊃⇵βΔ
$5,400 × 0.0149 = $80.46
$5,400 × 0.0444 = $239.76
$239.76 − $80.46 = $159.30
$159.30 / ($5/withdrawal) = 31.86 withdrawals
Answer: a. 32
