The portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.
<h3>Portfolio weight for each stock</h3>
First step
Total value = 185($64) + 115($49)
Total value = $17,475
Second step
Portfolio weight for each stock is:
Portfolio weight A = 185($64)/$17,475
Portfolio weight A = .6775
Portfolio weight B = 115($49)/$17,475
Portfolio weight B = .3225
Therefore the portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.
The portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.
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Answer:
Option (D) $27,000
Explanation:
Data provided in the question:
Cash dividends declared = $20,000
Dividends paid = $15,000
Net income = $70,000
Market value of the stock dividend = $23,000
Treasury stock = $9,000
Selling cost of the treasury stock = $7,000
Now,
Retained earnings increase during the recent year of operation will be
= Net income - Cash dividends declared - Market value of the stock dividend
= $70,000 - $20,000 - $23,000
= $27,000
Hence,
Option (D) $27,000
Answer:
Date Account Title Debit Credit
May 7 Materials $9,600
Accounts Payable $9,600
<u>Working:</u>
= Units purchased * cost per unit
= 640 * 15
= $9,600
As the goods were purchased on account, they will be sent to accounts payable. Materials are assets so they will be debited when acquired.
Answer: 20.15%
Explanation:
The IRR is the discount rate that makes brings the Net Present Value to zero.
It can be solved for by various means including using Excel as shown in the attached file.
Year 0 -33790
Year 1 8,210
Year 2 9,890
Year 3 14,120
Year 4 15,930
Year 5 10,820
= IRR (-33,790
, 8,210
, 9,890
, 14,120
, 15,930
, 10,820
)
= 20.15%
Based on the events in the book, we know that George's master made George do field work.
This is from the book, Uncle Tom's Cabin.
<h3>What happens in Uncle Tom's Cabin?</h3>
George's master did not believe that George should be engaging in doing much else apart from working for him as he was his enslaved person.
He would therefore follow George to whatever activity he would be doing that wasn't field work to drag him back to the house to engage in field work.
In conclusion, option A is correct.
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