Leaders must have the ability to communicate new ideas. O True O False

According to the clayton act, persons are not allowed to serve as the director on more than __________ board(s) in the same indu

mixas84 [53]

Two. Section 8 of the Clayton act clearly states that a person will not server as a director or officer of two competing corporations in the same industry. This situation is also known as 'interlocking directorates'. The enforcement of this law does not only apply to individuals but to firms as well. However, there are two major exceptions to this law. It does not apply to Banking, banking associations and trust companies. It also does not apply in the event that each of the firms in question lack capital, surplus and undivided profits of $31,841,000 (adjusted annually) or more in that fiscal year

5 0

3 years ago

The new fund had average daily assets of $3.8 billion in the past year. The fund sold $416 million and purchased $516 million wo

makvit [3.9K]

The excess of purchases over sales is most likely due to new inflows into the fund.

Therefore only $416 million of stock held by the fund was replaced by new holdings.

Turnover Ratio = Total sales/ total assets = $416/$3,800 = 10.95% (Rounded to 2 decimals)

Turnover Ratio = 10.95%

4 0

4 years ago

Suppose that borrowing is restricted so that the zero-beta version of the CAPM holds. The expected return on the market portfoli

statuscvo [17]

Answer:

The expected return on a portfolio is 14.30%

Explanation:

CAPM : It is used to described the risk of various types of securities which is invested to get a better return. Mainly it is deals in financial assets.

For computing the expected rate of return of a portfolio , the following formula is used which is shown below:

Under the Capital Asset Pricing Model, The expected rate of return is equals to

= Risk free rate + Beta × (Market portfolio risk of return - risk free rate)

= 8% + 0.7 × (17% - 8%)

= 8% + 0.7 × 9%

= 8% + 6.3%

= 14.30%

The risk free rate is also known as zero beta portfolio so we use the value in risk free rate also.

Hence, the expected return on a portfolio is 14.30%

6 0

4 years ago

Journalize the following selected transactions for January. Journal entry explanations may be omitted.

ludmilkaskok [199]

Answer:

Jan. 1 Received cash from the investment made by the owner, $14,000.

Dr Cash 14,000

Cr Capital, owner 14,000

Jan. 2 Received cash for providing accounting services, $9,500.

Dr Cash 9,500

Cr Service revenue 9,500

Jan. 3 Billed customers on account for providing services, $4,200.

Dr Accounts receivable 4,200

Cr Service revenue 4,200

Jan. 4 Paid advertising expense, $700.

Dr Advertising expense 700

Cr Cash 700

Jan. 5 Received cash from customers on account, $2,500.

Dr Cash 2,500

Cr Accounts receivable 2,500

Jan. 6 Owner withdrew $1,010.

Dr Withdrawals 1,010

Cr cash 1,010

Jan. 7 Received telephone bill, $900.

Dr Utilities expense 900

Cr Accounts payable 900

Jan. 8 Paid telephone bill, $900.

Dr Accounts payable 900

Cr Cash 900

7 0

3 years ago

What can queries provide that viewing a table in Datasheet view cannot provide?

Ainat [17]

Answer:

data from more than one table

3 0

3 years ago

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