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Dima020 [189]
2 years ago
11

The Boat Company has a capital structure of 30 percent riskless debt and 70 percent equity. The assumed tax rate is 23 percent.

If the asset beta is .9, what is the equity beta?
Business
1 answer:
mash [69]2 years ago
7 0

Answer: 0.68

Explanation:

Using the measures given, the equity beta can be calculated as:

Equity beta = Asset beta * (1 + (1 - Tax rate) * (Debt/Equity)

= 0.9 * ( 1 + ( 1 - 23%) * (30% / 70%)

= 1.593 * 0.3/0.7

= 0.68

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The Berwin Company established a master budget volume of 35,000 units for April. Actual overhead costs incurred amounted to $98,
Gekata [30.6K]

Answer:

$12,000 Favorable

Explanation:

Given that,

Actual overhead costs incurred = $98,500

Actual production for the month = 34,000 units

Standard variable overhead rate = $1.75 per direct labor hour

Standard fixed overhead rate = $1.50 per direct labor hour

One direct labor hour is the standard quantity per finished unit.

Firstly, we need to find out the overhead applied by multiplying the actual production units with the standard overhead rate and standard quantity per finished unit.

Total standard overhead rate:

= Standard variable overhead rate + Standard fixed overhead rate

= $1.75 + $1.50

= $3.25

Overhead applied:

= Actual production × standard quantity per finished unit × Total standard overhead rate

= 34,000 × 1 × $3.25

= $110,500

Therefore, the total manufacturing overhead cost variance is determined by deducting the Actual overhead costs from the overhead applied.

It is calculated as follows:

= Overhead applied - Actual overhead costs incurred

= $110,500 - $98,500

= $12,000 Favorable

5 0
3 years ago
According to the small business administration, over 50 percent of all small businesses are home based. true false
Anastasy [175]

According to the small business administration, over 50 percent of all small businesses are home based. FALSE

A domestic commercial enterprise is a small l business administration, people operate from their homes. We additionally name it a domestic-based enterprise. maximum domestic companies do not have many employees. employees in such agencies generally both make money working from home or for agencies that operate as subcontractors.

Small business administration, out of the house gives some the blessings, together with time financial savings, control over running hours and situations, independence, and versatility. starting a domestic-based commercial enterprise is also substantially inexpensive than beginning a commercial enterprise in rented facilities. Small businesses are either offerings or retail operations like grocery stores, clinical shops, tradespeople, bakeries, and small production units.

Learn more about small business administration here:-brainly.com/question/13424073

#SPJ4

4 0
10 months ago
"Evan lives in an apartment building. The land and structures are owned by a corporation, with one mortgage loan covering the en
julsineya [31]

Answer:

co-operative ownership

Explanation:

Cooperative ownership is an apartment ownership  is the process where by a buyer receives shares of stock in the building corporation and a lease of the apartment being sold as the case of Mr Evan.

5 0
2 years ago
Replenishing the Petty Cash Fund
liq [111]

Answer:

Explanation:

Postage expense.           1320

freight out.                       1140

miscellaneous exp.           150

          Cash.                                          2610

to replenish petty cash account

note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.

4 0
2 years ago
You buy one Huge-Packing August 50 call contract and one Huge-Packing August 50 put contract. The call premium is $1.95, and the
AysviL [449]
Aaaaaaaaaaaaa I think
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2 years ago
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