Answer:
1.90
Explanation:
The computation of the beta of the stock T is shown below:
Portfolio beta = Invested percentage in stock R × beta of Stock R + Invested percentage in Stock S × Beta of stock S + Invested percentage in Stock T × Beta of Stock T
1.37 = 0.24 × 0.71 + 0.38 × 1.26 + 0.38 × Beta of Stock T
1.37 = 0.1704 + 0.4788 + 0.38 × Beta of Stock T
1.37 = 0.6492 + 0.38 × Beta of Stock T
0.7208 = 0.38 × Beta of Stock T
So, the beta of stock T is 1.90
Answer:
Explanation:
1) Revenue $540,000
less: Salaries for drivers (390,000)
Fuel expense (54,000)
insurance (74,000)
Division line (44,000)
Net loss (22,000)
If division is eliminated the income would increase by $22,000
So it should be eliminated.
2) Decrease in income = $600,000 - ($540,000+$22,000)
= $38,000
3) What is the minimum amount of revenue required = 600,000 - 38,000 = $562,000
Answer:
Option (B) is correct.
Explanation:
Unit of account:
There are some functions of money or we can say that characterstics of money:
(a) Medium of exchange
(b) Store of value
(c) Unit of account
(d) Standard of deferred payments
Sea shells are precious items but one cannot properly split divide those sea shells into small denominations like money does. Money is easily storable, people use as a medium of exchange and unit of account.
By unit of account we mean that we can easily measure the value of goods and service and many things in monetary terms but we cannot measure in terms of sea shells.
That's why sea shells unfit to act as money today.
Answer:
12.18%
Explanation:
Present value = $34,700
Future Value = $173,500
Time (n) = 14 years
Interest Rate = i
Future Value = Present Value * (1+i)^n
$173,500 = $34,700 * (1 + i)^14
(1 + i)^14 = $173,500/$34,700
(1 + i)^14 = 5
1 + i = 5^(1/14)
1 + i = 1.1218284
i = 1.1218284 - 1
i = 0.1218284
i = 12.18%
So, the annual interest rate she must earn is 12.18%.
Q: What was the central point that Bastiat was trying to make in his imaginary petition of the candle makers? A: <span>The "Candle Maker's Petition" is a satire of protectionist </span>tariffs<span> written the by great French economist, </span>Frederic Bastiat.
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Q:</span><span>Do you agree with Bastiat? A: this is an opinion. no right or wrong.
Q:</span><span>Why or why not? How does this argument relate to current arguments about free trade? A: Again your opinion if needed for this responce.
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