Answer:
$2,765,000
Explanation:
Calculation to determine what amount of cost of goods sold did ABC record in 20X8 prior to consolidation
Cost of goods sold= $79 each* 35,000
Cost of goods sold=$2,765,000
Therefore the amount of cost of goods sold that ABC record in 20X8 prior to consolidation is $2,765,000
Answer:
$8,000 ordinary loss and $3,000 short-term capital loss
Ordinary loss (Small business stock) ($8,000)
Long-term capital gain $5,000
- Long-term capital loss (Worthless securities)
(1,000)
Net long-term capital gain $4,000
- Short-term capital loss (Nonbusiness bad debt)
(9,000)
Net short-term capital loss ($5,000)
Short-term capital loss limited to ($3,000)
Answer:
C. The site focuses on testimonials from people who recommend the product.
Answer:
new beta of the portfolio= 1.235
so correct option is b. 1.235
Explanation:
given data
investment = $10,000
common stocks = 20
total investment = $200,000
portfolio beta = 1.2
sell one stocks beta = 0.7
sell = $10,000
purchase another stocks beta = 1.4
to find out
What will be the beta of the new portfolio
solution
we first find increment in beta that is express as
increment in beta = investment × ( purchase stocks beta - sell stocks beta) ÷ total investment .............................1
put here value we get
increment in beta = 
increment in beta = 0.035
so
new beta of the portfolio will be
new beta of the portfolio = 1.2 + 0.035
new beta of the portfolio= 1.235
so correct option is b. 1.235