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4 years ago

9

Think back to when you were very young, tell me what some of your first lessons about money were and why did they stick out in y

our mind?

1 answer:

Nataly_w [17]4 years ago

6 0

Answer:

keep your money hidden from family, typically the cousins, they like to steal it :')

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Read the following stock quote. Did the stock price increase or decrease?

Nata [24]

Increased

It’s a positive number

8 0

4 years ago

Read 2 more answers

Bill Dukes has $100,000 invested in a 2-stock portfolio. $50,000 is invested in Stock X and the remainder is invested in Stock Y

ohaa [14]

Answer:

the portfolio´s beta is 1.65

Explanation:

when the individual calculation of beta has been given, is possible to aggregate them as a weigthed average, so it is possible to apply te next formula

$Beta Portfolio=w_{1} *\beta _{1}+ w_{2} *\beta _{2} + .... + w_{n} *\beta _{n}$

where w is the weigthed value for each asset, in this particular case we have:

$Beta Portfolio = \frac{50.000}{100.000}*1.50 +\frac{50.000}{100.000}*1.70$

so with this result we get 1.65

8 0

3 years ago

Hakim set goals for his store that included satisfying his customers while making enough money to open a second store. Which com

anyanavicka [17]

Hakim Goals

Explanation:

Hakim set goals for his store that included satisfying his customers while making enough money to open a second store. Which component of a goal did Hakim leave out :

1.Hakim didn't leave anything out.

2. Hakim forgot to include the overall strategy or course of action he would use to fulfill his mission.

3. Hakim forgot to include a time frame in which the goal is to be achieved.

4. Hakim forgot to include exactly how much profit he wanted to make.

5. Hakim forgot to include what his store's purpose and basic philosophy are.

4 0

3 years ago

Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren

myrzilka [38]

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

= $61,000 + $42,100

= $103,100

$103,100/$138,500

= 0.74

Hence the acid test(quick ) ratio is 0.74

4 0

3 years ago

Perform a sensitivity analysis by answering the following questions: a. What is the break-even point in sales dollars for RBC? b

Rzqust [24]

a). Breakeven point = Total fixed costs ÷ Contribution margin ratio

Contribution ratio = Contribution margin ÷ Total sales

Contribution ratio = $822,212 ÷ $1,953,000 = 0.421

Breakeven point = $520,000 ÷ 0.421= $1,235,154.

b). Margin of safety = Total Sales - Break-even point

Margin of safety = $1,953,000 – $1,235,154= $717,846.

c) Target profit =(Total fixed costs + Target profit) ÷ Contribution margin ratio

Target profit = ($520,000 + $200,000) ÷ 0.421= $720,000 ÷ 0.421= $1,710,214

Explanation:

The Data sheet has been added as an attachment

8 0

4 years ago