Answer:
d. Sales in Dollars February = $180353
Explanation:
The new Sales or the sales budgeted for January will be 3% higher than that for December. If December sales were of 10000 units, then the January sales will be of 10000 * 103% = 10300 units.
The budgeted sales for February will be 103% of January sales.
Budgeted sales- Feb = 10300 * 103% = 10609 units
The selling price is assumed to stay constant at $17 per stapler.
Sales in Dollar-February = 10609 * 17 = $180353
Answer:
Portfolio's beta is 1.04.
Explanation:
Portfolio's beta is the weighted average beta. So, take weightage of each stock, multiply it with the respective beta, and add the results.
Finding Portfolio value for Weightages:
Total Amount Invested OR Portfolio value is = 10,000 + 40,000 = $50,000
Weighted Average Beta:
(10,000 / 50,000) * (.4) + (40,000 / 50,000) * (1.2) = .08 + .96 = 1.04.
Thanks!
Long-term assets are the focus of corporate planning.
The process by which corporations develop strategies for accomplishing goals and meeting goals is known as corporate planning. It entails the definition of the strategy, the direction of the strategy, decision-making, and resource allocation. A corporate plan is similar to a strategic plan, but the difference is that a corporate plan directs a more complex company with multiple business units or subsidiaries. "Corporate planning includes the setting of objectives, organizing the work, people, and systems to enable those objectives to be achieved, motivating through the planning process and through the plans, measuring performance and so controlling progress of the plans, and developing people through better decision-making. It explains the direction the business as a whole is going and provides a road map to get there.
Learn more about planning from
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