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Nimfa-mama [501]
3 years ago
14

Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitoo

l's return responds by a factor of 1.2. Suppose it turns out that the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated, pushing up the stock price by another 1%. Based on this information, what was Semitool's actual excess return
Business
1 answer:
xxTIMURxx [149]3 years ago
6 0

Answer:

8.8%

Explanation:

Given:

Excess return = 6% = 0.06

Return respond factor = 1.2

Expected higher percent = 1.5% = 0.015

Increase growth (stock price) = 1% = 0.01

Actual excess return = ?

Computation of actual excess return:

Actual excess return = Excess return + Increase growth (stock price) + [Expected higher percent × Return respond factor]

= 0.06 + 0.01 + [0.015 × 1.2]

= 0.07 + [0.018]

= 0.088

= 8.8%

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Leto [7]

Answer:

Option (D) is correct.

Explanation:

Given that,

During a​ year,

Firm's gross investment = $2,000

Firm's net investment = $1,600

Firm's depreciation = ?

Therefore,

Gross investment = Net investment + Depreciation

$2,000 = $1,600 + Depreciation

$2,000 - $1,600 = Depreciation

$400 = Depreciation

Hence, the firm's depreciation is $400.

6 0
3 years ago
Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative in
ValentinkaMS [17]

Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative individual. Beagle used the trait approach. This is further explained below.

<h3>What is the trait approach?</h3>

Generally, An individual's attributes are used as indicators of their personality in a trait-based approach.

In conclusion, Beagle Boutique recently tried to find a middle manager. They were seeking someone who was energetic, clever, and creative. Beagle used the trait approach

Read more about The trait approach

brainly.com/question/25937970

#SPJ1

3 0
1 year ago
The December 31, 2015, balance sheet of Maria’s Tennis Shop, Inc., showed current assets of $1,105 and current liabilities of $9
IrinaK [193]

Answer:

$165

Explanation:

The working capital of organization is the difference between the current assets and the current liabilities of the organization. It shows if a company has enough short term assets or asset that can be converted quickly to cash to settle obligations that will arise in the short term.

Working capital as at December 31, 2015

=$1,105 - $915

=$190

Working capital as at December 31, 2016

=$1,320 - $955

=$365

Change in working capital in 2016

= $365 - $190

= $165

5 0
3 years ago
Ironically, while the leaders of Enron Corporation were manipulating the company's finances for their personal benefit, the comp
faltersainse [42]

Answer:

Correct option is (d)

Explanation:

Corporate social responsibility is an initiative taken by companies to act for the benefit of the society. Since companies utilize resources from the society, it their responsibility to give back to the society in the form of charity to non governmental organizations, welfare of underprivileged and protecting the environment.

Here, though Enron was undertaking unethical means for personal benefits, it was also carrying out corporate social responsibility by donating to Houston area charities.

4 0
3 years ago
Five aspects of business
emmasim [6.3K]

Answer:

Here you go!

Explanation:

Dont look dumb

Dont act dumb

Dont be dumb

Dont sound dumb

Be Nice :)

3 0
3 years ago
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