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3 years ago

The summarized balance sheets of Goebel Company and Dobbs Company as of December 31, 2014 are as follows:

Business

1 answer:

alexgriva [62]3 years ago

7 0

Answer:

$175,000

Explanation:

Based on the information given we were told that in a situation where Goebel Company tend to acquired an interest of 20 percent in Dobbs Company on December 31, 2014 for the amount of $175,000 in which we were told that the fair value method of accounting were used for the Investment which means that the amount of DEBIT TO EQUITY INVESTMENT (Dobbs) would have been $175,000 which was the amount that was used by Goebel Company to acquired an interest of 20 percent in Dobbs Company on December 31,2014.

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A portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. Stock B has a beta of .95

Lapatulllka [165]

If a portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. The portfolio beta is 1.119.

<h3>Portfolio beta</h3>

Using this formula

Portfolio beta=(Stock A portfolio×beta)+[(1-Stock A porfolio)× Stock B beta]

Let plug in the formula

βp = (.65 × 1.21) + [(1 - .65) × .95]

βp = (.7865) + [.35 × .95]

βp= .7865+ .3325

βp = 1.119

Therefore the portfolio beta is 1.119.

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2 years ago

If short-run marginal cost and average variable cost curves for a competitive firm are given by SMC = 2 + 4Q, and AVC = 2 + 2Q,

sukhopar [10]

Answer:

units of output = 2 units

fixed cost = 8

Explanation:

given data

SMC = 2 + 4Q

AVC = 2 + 2Q

to find out

how many units of output will it produce at a market price and what level of fixed cost will this firm earn zero economic profit

solution

we know here that under perfect competition

so at the equilibrium here Price (P) will be = MC

P = MC = 10

and

SMC = 2 + 4Q ,

P = 2 + 4Q

10 = 2 + 4Q

Q = 2 units

and

at zero economic profit we get

TR = TC

TR = P × Q

TR = 10 × 2

TR = 20

TC = TFC + TVC

20 = TFC + 12

TFC = 8

because here [ TVC = AVC × Q ]

[ TVC = (2 + 2 × 2) × 2 ]

[ TVC = 12 ]

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4 years ago

How much does it cost to feed buffy the bear in a year?

prisoha [69]

The cost was expected to be 27,000 dollars to fees Buffy the bear in a year!!

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3 years ago

If a company spends $14.4 million to install refurbished footwear-making equipment with capacity to produce 1 million pairs of a

Margaret [11]

The annual depreciation costs at that facility will rise by 10% or $1,440,000.

<h3>Annual depreciation costs</h3>

Life of the equipment = 10 Years

Salvage value = 0

Annual Depreciation= (Cost of equipment - Estimated salvage value) / Estimated useful life

Annual Depreciation= ($14.4 million- 0) / 10

Annual Depreciation= $1,440,000

Annual Depreciation= $1,440,000/$14,400,000 ×100

Annual Depreciation= 10%

Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.

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3 years ago

Terrence buys a new car for $20,000. The value of the car depreciates by 15% each year. If f(x) represents the value of the car

Lana71 [14]

<span>Hi there,

100% - 15% = 85%
85% = 85/100 = 0.85

This is your factor of depreciation
The power it is raised to equals the years
20,000 x 0.85^3
= <span>12282.5
</span>
I hope my answer has come to your help. Thank you for posting your question here in Brainly.

</span>

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3 years ago

Read 2 more answers