Answer:
16.62%
Explanation:
First, use CAPM to find the expected return of each stock;
r= risk free + beta (market risk premium)
<u>UPS;</u>
r = 0.06 +(1.6*0.09)
r = 0.204 or 20.4%
<u>Walmart;</u>
r = 0.06 + (0.9*0.09)
r = 0.141 or 14.1%
Next find the return of portfolio;
Let UPS be represented by <em>U </em>and Wal-Mart by <em>W</em>
rP = wU*rU + wW*rW
P= portfolio
w= weight of...
r = return of....
rP = (0.40*0.204) + (0.60 * 0.141)
rP = 0.0816 + 0.0846
rP = 0.1662 or 16.62%
Therefore, the expected return on a portfolio is 16.62%
I would go with answer choice A because you may really like the climate and weather in another town, and that factor pushes yyou to that town.
Answer:
2.02
Explanation:
Each pail of plaster covers 97 Square feet of ceiling
The ceiling of the room is 14 ft long
= 14×14
= 196
Therefore the pail of plaster that will be needed to cover the rooms can be calculated as follows
= 196/97
= 2.02
Answer:
The correct answer is letter "A": is an internal document that helps summarize data for the preparation of financial statements.
Explanation:
In Accounting, worksheets are reports created at the end of a period to include all accounts' balances, adjustments, and adjustments' balances in financial orders. This is a summary of all the transactions of the accounting period that enables companies to prepare their Financial Statements. The worksheet represents the draft of the <em>Trial Balance</em>.
Answer:
The answer is $2,880 or None of the above in the multiple choices
Explanation:
The money/non-monetary method means that monetary items (e.g. cash, accounts payable and receivable, and long-term debt) are translated at the current rate while non-monetary items (e.g. inventory, fixed assets, and long-term investments) are translated at historical rates.
Therefore, the value of inventory in $ is translated at the historical rate as follows:
Inventory's current value x historical rate = €1,800 x $1.60/€1.00 = $2,880