Answer: 1.28
Explanation:
The portfolio beta is a weighted average of the investments in the portfolio.
The new beta will therefore be;
= Portfolio beta - weighted beta of stock being sold + weighted beta of stock to be added
= 1.3 + ( 10,000/150,000 * 1.6) + ( 1.3 * 10,000/150,000)
= 1.3 - 0.11 + 0.09
= 1.28
Answer:
Revenues, expenses, income summary, dividend or withdraws account
Explanation:
The closing entries for the following accounts are presented below:
1. Service Revenue A/c Dr XXXXX
To Income Summary XXXXX
(Being revenue account closed)
2. Income summary A/c Dr XXXXX
To Expense A/c XXXXX
(Being expenses accounts are closed)
3. Income summary A/c Dr XXXXX
To Retained earning XXXXX
(Being the difference is credited to retained earning that reflected as a profit)
4. Retained earnings A/c Dr XXXXX
To Dividend A/c XXXXX
(Being dividend account is closed)
Answer:
The computation is shown below:
Explanation:
The computation is shown below:
For weighted cost of each source of capital is
Debt:
= Cost of debt × Weight of debt
= 9% × 50%
= 4.5%
Equity
= Cost of equity × weight of equity
= 16% × 0.15
= 2.4%
Preferred stock
= Cost of preferred stock × weight of preferred stock
= 12.50% × 35%
= 4.375%
Now the weighted average cost of capital is
= 4.5% + 2.4% + 4.375%
= 11.275%
Therefore in the first part we multiplied the cost with the weight of each source of capital
And, then we add the all answers
Answer:
present value = $7296.14
Explanation:
given data
future value = $34,000
time t = 20 year
rate r = 8% = 0.08
solution
we apply here future value formula for get present value that is
future value = present value × 
.....................1
put her value and we get
$34,000 = present value × 
present value = 
present value = 
present value = $7296.14
The answer to the question above is "brand names cause consumers to be more sensitive to product differences" based on the result of Roberto's taste test. In the blind test, Roberto did not feel the unsavory flavor from the generic store-coke and he prefers that generic store-coke. This test proves that Roberto's taste is distracted by the brand.
