Answer:
B. The portfolio expected rate of return must be the same for each economic state.
Explanation:
Variance formula = sum of (probability x (r - mean)^2)
r= expected return
if the expected return would be same for each economic state then the mean would equal to expected return which ultimately will give variance zero ( as r-mean would be 0).
Hence the correct option is B. The portfolio expected rate of return must be the same for each economic state.
Answer:
Substitutes
Explanation:
Competition in business occurs when a two companies produce and sell similar product. It is further grouped into direct and indirect competition.
While direct competition occurs between companies producing almost the same products , for example breweries producing beers , indirect competition happens between companies selling goods that are not directly similar but can also be used to achieve the same purpose if the other good is not available. Indirect competitors always have a way of sharing or winning over potential customers.
The term "organizational culture" describes the long-standing beliefs and values of an organization, as well as the staff members' views and the anticipated value of their work, which will affect their attitudes and conduct.
<h3>How does organizational culture affect individual and organizational performance?</h3>
Employee outcomes including productivity, performance, dedication, self-confidence, and ethical behavior have been linked to company culture. One of the key factors influencing an organization's performance is its culture, which has an impact on how its employees behave at work.
The performance of a company is significantly influenced by organizational culture. Organizational culture is viewed as a means of accomplishing tasks or as shared traits of organizations influencing the actions of organizational members and enhancing (or impeding) strategy achievement and performance.
Learn more about organizational culture here:
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Answer: $28.30
Explanation:
Given the following :
Expected Dividend = $1.70
Earning from share sale at year end = $30
Expected rate of return on investment = 12%
Maximum price of stock :
(Earning from share + expected Dividend) / (1 + return rate)
(30 + 1.70) / ( 1 + 12%)
(30 + 1.70) / (1 + 0.12)
(31.70) / (1.12)
= $28.303571
= $28.30
Answer:
The cost of goods sold for last year was $795,000
Explanation:
Last year, in Jasper Company, beginning and ending inventories of work in process and finished goods equaled zero. Therefore,
The cost of goods sold for last year = Total cost of units were produced = Direct materials + Direct labor + Manufacturing overhead
Jasper Company had Direct materials of $180,000, Direct labor of $505,000, Manufacturing overhead of $110,000
The cost of goods sold for last year = $180,000 + $505,000 + $110,000 = $795,000
