Answer:
Required return on stock = 13.44%
Explanation:
We know,
The required return on the company's stock = Risk-free rate of return + (Expected return on the market - Risk-free rate of return) x beta
= + () x b
Given,
Beta, β = 1.14;
Risk-free return, = 3.33%
Return on the market, = 12.20%
Putting the numbers on the formula, we can get,
The required return on the company's stock = 3.33% + (12.20% - 3.33%) x 1.14
required return on stock = 3.33% + 10.1118%
required return on stock = 13.44% (Rounded to two decimal places)
Answer:
Checking account:
$7,000
Bond investment: $28,000
U.S. Treasury bill:
$7,000
Loan to an employee:
$400
Currency and coins:
$1800
Accounts receivable:
$700
Cash and cash equivalents: Cash, 1 month treasury bill, currency and coins are cash and cash equivalents so
(7,000+7,000+1,800)= 15,800
Explanation:
Answer:
Which potential biological food safety hazard does smoking in food storage and prep areas cause?
Biological food safety hazards are enormous, food contamination on storage food materials can lead to food borne diseases as a result of contamination caused by micro-organisms ranges from bacteria, parasites among others.
Smoking could leave residue on food materials on storage, hence; increases the moisture content which enhances micro-organism growth and enables the food spoilage.
Explanation:
<span>Because
of a difference in values from American consumers, Germans have not been overly
receptive to installment debt to purchase products and services and the use of
credit cards such as visa or Mastercard. The German Schuld
which means debt also means guilt.</span>
Answer:
Explanation:
consumers limit their choice of household cleaners to only those that come in spray bottles, they are considering a _consume __ of household cleaners.