Answer:
2.21
Explanation:
Portfolio beta = Respective beta*Respective weight
<em>Beta of market=1;Beta of risk-free assets=0</em>
1.28 = (0.25*0) + (0.31*1) + (0.44*Beta of Stock B)
1.28 = 0 + 0.31 + 0.44*Beta of Stock B
1.28 - 0.31 = 0.44*Beta of Stock B
Beta of Stock B = 0.97/0.44
Beta of Stock B = 2.204545454545455
Beta of Stock B = 2.21
Answer:
The correct answer is letter "B": Centralization of authority.
Explanation:
Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.
Assuming the costs are normally distributed, then Z = (X-mu)/sigma
For piano Z= (3000-4000)/2500 = -0.4
For guitar Z= (550-500)/200 = 0.25
For drums set Z= (600-700)/100 = -1
Drums set < Piano < Guitar
Drums cost is lowest when compared to the instruments of same type
.
Guitar cost is highest when compared to the instruments of same type.
Answer:
$10,070
Explanation:
The true cash balance is the balance having considered the effect of the transactions that have happened but are yet to be captured in the books.
Reviewing the transactions,
- bank service charges of $50 - This will be deducted from the book balance
- Two credit memos are included in the bank statement: one for $940, which represents a collection that the bank made for Owen, and one for $60, which represents the amount of interest that Owen had earned on its interest-bearing account in June - Both will be added to the book balance
Hence the true cash balance
= $9,120 - $50 + $940 + $60
= $10,070
