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Ket [755]
3 years ago
13

A stock has a correlation with the market of 0.53. The standard deviation of the market is 29%, and the standard deviation of th

e stock is 32%. What is the stock's beta?
Business
1 answer:
Zielflug [23.3K]3 years ago
5 0

Answer: 0.58

Explanation:

Given the parameters in the question, Beta can be solved by the following formula;

= Correlation with market * ( Standard deviation of stock / Standard deviation of market)

= 0.53 * (32%/29%)

= 0.58

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On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,
Lisa [10]

Answer and Explanation:

The journal entries are given below:

1.  Notes receivable A/c Dr $450,000

          To Cash A/c            $450,000

(To record the notes receivable acceptance)

2. Interest receivable A/c Dr $40,500

      To Interest revenue  $40,500

(to record the interest is collected)

Interest = Principal × rate of interest × number of months ÷ (total number of months in a year)

= $450,000 × 12% × (9 months ÷ 12 months)

= $40,500

The 9 months is calculated from April 1 to December 31

3.  Cash A/c Dr $504,000

             To Notes receivable A/c $450,000

             To  Interest receivable A/c $40,500

             To Interest revenue A/c      $13,500

(To record the cash collected)

Interest revenue = Principal × rate of interest × number of months ÷ (total number of months in a year)

= $450,000 × 12% × (3 months ÷ 12 months)

= $13,500

The 3 months is calculated from December 31 to April 1

3 0
3 years ago
To minimize current and future funding risks, program management offices use __________________ to project and track obligations
Natalka [10]
To minimize current and future funding risks, program management offices use spending plans to project and track obligations and expenditures. This system is used by companies to monitor its liabilities and expenses. Companies analyze the difference between the budgeted and the actual amount in this system. Thus, they can evaluate<span> and provide a better plan.</span>
3 0
3 years ago
"Google employs the practice of team building and rewards ideas that are outside the box. They are likely to have ________ compa
Vladimir79 [104]

Answer:

lower employee turnover                        

Explanation:

Employee turnover represents the number or proportion of employees leaving a company and being replaced by new ones. Evaluating employee turnover can be useful for executives who want to look into the considerations for turnover or measure the cost-to-recruit for budget considerations.

As in the given case, google is making their employees fell more valuable and involved, its employees will feel more satisfied with the jobs and will not easily leave the company. Thus, the employee turnover in google will be lower.

6 0
3 years ago
Consider a situation where N consumers interact with a monopolist in a market. Half of these consumers (γ 0.5) have low demand,
kykrilka [37]
Never gunna give you up never gunna let you down… sorry I don’t no your answer… oops
6 0
2 years ago
Can someone please help mee
Vsevolod [243]

Answer:

$1,467.88

Explanation:

Net pay is the amount one receives after subtracting deductions from the gross pay. Therefore, net pay is the gross pay minus all the deductions such as social security, federal and state taxes.

In this case, the gross pay is $1,828. The total taxes are $ 360.12.

The net pay will be $1,828 -360.12.

= $1,467.88

6 0
3 years ago
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