Answer:
The correct option is A, Portfolios X and Y are in equilibrium
Explanation:
Adopting Miller and Modgiliani Capital Asset Pricing Model formula, the return on both portfolios can be determined:
Expected return=Risk free return+Beta(Market return-Risk free return)
Portfolio X:
Risk free return=8%
Beta=1.0
Expected return=14%
Let market return be MR
14%=8%+1.0(MR-8%)
14%-8%=1.0*(MR-8%)
6%=MR-8%
MR=6%+8%
MR=14%
Portfolio Y:
Risk free return=8%
Beta=0.25
Expected return=9.5%
let market return be MR
9.5%=8%+0.25(MR-8%)
9.5%-8%=0.25MR-2%
1.5%=0.25MR-2%
1.5%+2%=0.25MR
0.25MR=3.5%
MR=3.5%/0.25
MR=14%
Hence both portfolios are at equilibrium since they have the same market return
Answer: On Monday, Jan. 17, which would have been White’s 100th birthday, fans honored her legacy by donating $5 each to animal rights groups for what has been dubbed the #BettyWhiteChallenge. The challenge was a massive success, with hundreds of thousands of dollars raised for shelters, zoos, and animal rights organizations across the country.
Explanation: Hope this helps :)
Answer:
A. $96
B. $228
C. $42
Explanation:
A. Calculation to determine the Amount of SUTA tax the company must pay to Nebraska on Porter's wages
SUTA tax =$3,000 x 3.2%
SUTA tax = $96
Therefore the Amount of SUTA tax the company must pay to Nebraska on Porter's wages is $96
B. Calculation to determine the Amount of sUTA tax the company must pay to Michiganion Porter's wages
SUTA tax =($9,000 - $3,000 )x3.8%
SUTA tax =$6,000 x 3.8%
SUTA tax = $228
Therefore the Amount of SUTA tax the company must pay to Nebraska on Porter's wages is $228
C. Calculation to determine the Amount of the net FUTA tax on Porters wages
Net FUTA tax=$7,000 limit) x 0.6%
Net FUTA tax = $42
Therefore the Amount of SUTA tax the company must pay to Nebraska on Porter's wages is $42
Answer:
When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relations and employee happiness, he is refuting ideas championed by <u>Henri Fayol's administrative management.</u>
Henri Fayol's administrative management usually looks at the clear decision of labor, work ethics, employee and organizational culture and spirit. It stresses upon how employee social relations and employee happiness is crucial to the success of an organization.
