Answer:
14.57%
Explanation:
A stock has a beta of 1.4
The expected return is 18%
The risk free rate is 6%
Therefore, the expected return on the market portfolio can be calculated as follows
18%= 6% + 1.4(market return-6%)
18%= 6% + 1.4market return - 8.4
18%= 6-8.4 + 1.4market return
18%= -2.4% + 1.4market return
18%+2.4%= 1.4market return
20.4= 1.4market return
market return= 20.4/1.4
= 14.57%
Hence the expected return on the market portfolio is 14.57%
Answer:
B. the direct labor-hours that should have been used to complete the actual output for the period.
Explanation:
Standard hours is the amount of time or hours of labour time taken to complete the period's actual output. It is the time that should have been taken to complete the period's actual output.
It is usually calculated by multiplying standard hours allowed per unit by actual output for the period.
Answer:
Explanation:
Definition of planning : Including to map out on how to achieve a certain goal.
Which is what Armani shows
Answer:
Dr. Cash $2,500
Cr. Treasury Shares $2,300
Cr. Paid-In-Capital Treasury Stock $200
Explanation:
Treasury stock is the share of the company issued earlier and bought-back. It can be reissued and cancelled by the company.
At the time of repurchase
Treasury Shares = 100 x $23 = $2,300
Dr. Treasury Stock $2,300
Cr. Cash $2,300
At the time of Resale
All the difference in the issuance of treasury stock will be transferred to Paid-In-Capital Treasury Stock account.
Proceeds = 100 x $25 = $93,600
Paid-In-Capital Treasury Stock = $2,500 - $2,300 = $200
