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morpeh [17]
3 years ago
15

A stock with a beta of 0.6 has an expected rate of return of 13%. If the market return this year turns out to be 10 percentage p

oints below expectations, what is your best guess as to the rate of return on the stock? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)
Business
1 answer:
vlada-n [284]3 years ago
5 0

Answer:

what is your best guess as to the rate of return on the stock?

12,2%

Explanation:

Stock        Beta       Return  

   $ 1       0,60         13,0%

Market    

  -10%       -6%        12,2%

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Which action is specifically recommended to enhance your credibility in the field of accounting?
LenaWriter [7]

Answer:

I'm pretty sure it's A, "complete a certification or qualification program offered by a professional association."

Explanation:

I believe this as it makes sense and I've had a question similar to this and got it right as the question and options where quite the same.

6 0
3 years ago
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Lacuna Inc. factors $12,000,000 of its accounts receivables with recourse for a finance charge of 3%. The finance company retain
Elena L [17]

Answer:

The loss on transfer of receivables is $960,000

Explanation:

Sales amount                                       $12,000,000

Finance charge 3%*$12 million              ($360,000)

Retention amount 10%*$12 million           ($1,200,000)

Cash upfront                                           $ 10,440,000

The recourse liability is $600,000,which means that additional liability of $600,000 would be incurred by Lacuna Inc, if the total amount from the receivables is not received owing to the fact that the factoring is with recourse.

The loss on transfer of receivables is shown as:

Finance charge                    $360,000

Recourse liability                  $600,000

total loss                                 $960,000

5 0
3 years ago
Campbell Construction Company expects to build three new homes during a specific accounting period. The estimated direct materia
Alina [70]

Answer:

The driver for employees fringe benefits is direct labor costs whereas the driver for indirect material costs is direct material costs

The total cost of each home is as follows:

Home 1 $188140

Home 2 $268860

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Explanation

Find the breakdown of the costs in the attached excel file.

Download xlsx
6 0
3 years ago
Barry's Sport Shop calls Champs Tee Shirt Company to order 200 designer tee shirts at $2 per shirt. The next day, Barry decides
lara31 [8.8K]

Answer: No.

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8 0
4 years ago
Loni owns a software company and has a great idea for a new app. In order to build the app, she will need to hire a computer exp
never [62]

Answer:

No, Loni should not take the loan and build the app.

Explanation:

If she borrows $87,000 to build the app, at the end of the year she will have to pay $87,000 x (1+0.15) = 100,050 in principal and interest to the bank.

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3 years ago
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