Answer: 1.048
Explanation:
First let us calculate the amount in Con Edison
= 50,000 - 20,000 - 12,000
= $18,000
To calculate the Portfolio Beta, you take the sum of the respective betas of the various stocks in the portfolio multiplied by their proportion in the portfolio.
Intel = 20,000/50,000
= 2/5
GE = 12,000/50,000
= 6/25
Con Edison = 18,000/50,000
= 9/25
Adding them up we will have
= (1.3*2/5) + (1*6/25) + (0.8*9/25)
= 1.048
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Answer:
accounts payable 2,000 debit
cash 2,000 credit
salaries expense 1,200 debit
cash 1,200 credit
Equipment 39,000 debit
cash 39,000 credit
utilities expense 800 debit
cash 800 credit
B-Valdez drawins 4,500 debit
cash 4,500 credit
Explanation:
In all cases the company is using cash. It is performing a cash disbursements thus we credited.
In the debit side we post what we receive or destination of the cash.
Like, equipment, salaries expense and so on.
Options available are:
A) fragmented
B) emerging
C) declining
D) global
E) mature
Answer:
C) Declining
Explanation:
The reason is that these companies have greater knowledge of the industry than the other companies that are entering the market. Furthermore, the industry is also in decline phase which means that the market entrants are afraid of entering the market and that the old companies like JetBlue, Nucor and Cirque du Soleil have better brand recognition which helps them make sales.
Answer: a. Controlling
Explanation:
The Controlling function in management is meant to ensure that employees in a company are acting in a manner that abides by the standards of the company or organization in question.
It works by managers ensuring that they check that employees are acting in the way they are to act and if they are not, corrective action must be meted out to stop the behavior.
The Secret Service had some embarrassing moments in 2015 with some agents being found drunk on a trip to Europe where they were assigned to President Obama's detail. Had supervisors been making sure that subordinates acted in a manner befitting of the secret service, the acts would have had a significantly less chance of happening.
Answer:
Cost of goods available for sale is $ 3,750
Ending inventory is $2,600
Sales is $1,500
cost of goods sold is $1,150
gross profit is $ 350
Explanation:
FIFO Method is an Inventory System that Sells First the Oldest Inventory.
A periodic inventory system calculates the Cost of Inventory with each sale made rather than after a period ( Periodic)
Cost of goods available for sale
Cost of goods available for sale = Opening Stock + Purchases
= (50× $10) + (250× $13)
= $ 3,750
Ending inventory
July 31 : 200× $13 = $2,600
Sales
July 25 : 100× $15 = $1,500
cost of goods sold
July 25 : 50× $10 = $500
50× $13 = $650
Total = $1,150
gross profit
Gross Profit = Sales - cost of goods sold
= $1,500 - $1,150
= $ 350
