Answer:
The portfolio's alpha is - 0.15%
Explanation:
For computing the portfolio's alpha, first, we have to compute the expected rate of return. The formula is shown below:
Expected rate of return = Risk free rate of return + Beta × (realized rate of return - free rate of return)
= 7% + 1.15 × (12% - 7%)
= 7% + 1.15 × 5%
= 7% + 5.75%
= 12.75%
Now the portfolio alpha equal to
= Expected rate of return - portfolio realized rate of return
= 12.75% - 12.6%
= - 0.15%
Answer:
See below
Explanation:
Given the above information, the adjusted cash balance should be;
Cash book balance
$67,209
Add:
Interest earned
$45
Less;
Bank fees
($30)
Adjusted cash book
$67,224
Bank balance
$63,949
Add:
Deposit in transit
$6,050
Less:
Outstanding checks
($2,675)
Adjusted bank balance
$67,324
According to the EVLN model, the information that suggests that Diego's main reaction to job dissatisfaction was the voice. Based on the EVLN model, the voice is being defined as a way of employees expressing their dissatisfaction in means of attempting to construct and active the improve conditions.
Answer:
Estimated manufacturing overhead rate= $13.2 per direct labor hour
Explanation:
Giving the following information:
Estimated overhead= 730,000 + 590,000= $1,320,000
Total estimated direct labor hours= 52,000 + 48,000= 100,000
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 1,320,000/100,000= $13.2 per direct labor hour
Answer:
Downward sloping
Explanation:
The demand curve illustrate what's known as the law of demand in economics. Consumers buy more of something when its price is lower and less when the price is higher. There is an inverse relationship between price and demand, meaning that when one rises, the other falls.
Economists give three basic reasons for the law of demand and thus for the downward slope. First is the "income effect" when prices drop (or rise), people can buy more(or less) of a good for the same amount of money. Second is the "substitution effect" if a consumer doesn't see a meaningful difference between products, they'll buy the one with the lowest price, so a price increase will drive them toward substitutes, while a reduction will draw them in.
Third is the concept of "diminishing marginal utility": if you already have plenty of something, you have less of a need to buy more of it.
