Answer:
The expected excess return will be 11.4%
Explanation:
The S&P 500's excess return is the market return (rM). Using the CAPM model or the SML approach, we can calculate the required/expected rate of return on the stock we are investing in.
The expected rate of return is,
r = rRF + β * (rM - rRF)
Thus, return on the invested stock will be:
r = 0.03 + 1.2 * (0.1 - 0.03)
r = 0.114 or 11.4%
Answer:
$16,000
Explanation:
Data provided
Ending cash balance = $72,000
Beginning cash balance = $51,000
Cash receipts = $135,000
Cash disbursements = $130,000
The computation of cash borrowing is shown below:-
Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrowings
$72,000 = $51,000 + $135,000 - $130,000 + Cash borrowings
Cash borrowings = - $72,000 + $51,000 + $135,000 - $130,000
= $186,000 - $202,000
= $16,000
What business leaders promised Hoover they would do to help the economy is to <span>keep factories open and stop slashing wages. However, they did not keep their promise, to nobody's surprise. </span>
Answer: Machine B
Explanation:
Average rate of return = Average Income / Average Investment
Machine A
= 47,932.64/342,376
= 14%
Machine B
= 85,282.20/284,274
= 30%
Machine C
= 68,037/453,580
= 15%
<em>Machine B has best average rate of return. </em>
<span>Budgeting ...Accounting. ...Marketing. ...Sales. ...Hiring Employees. ...Customer Service. Maybe!</span>