Answer:
The actual results for 115000 units with a new budget for 115000 units.
Explanation:
In order to evaluate Sheffield's performance, you have to evaluate the actual production costs of producing 115,000 units compared to a new production budget for the same 115,000 units.
Budgets are stated in dollars, so if you compare this production level to a smaller production level then you might conclude that there was an unfavorable variance because more money than expected was spent, without considering that the total production had creased. If you compare this actual production to a budget for a larger production you might conclude that you underspent (had a favorable variance) without considering the fewer units produced.
What will happen to the equilibrium price of new textbooks if more students attend college, paper becomes cheaper, textbook authors accept lower royalties and fewer used textbooks are sold?
Answer:
The equilibrium may increase, decrease or remain the same.
Explanation:
If more students attend college they will need textbooks, so the demand for textbooks will increase. This will cause the demand curve to shift to the right.
At the same time, as paper becomes cheaper, the cost of producing textbooks will get reduced. This will increase the supply of new textbooks. This increase in supply will cause the supply curve to shift to the right.
If textbook authors accept lower royalties the cost of production for textbooks will decrease, so the supply will increase.
If fewer old textbooks are sold, the demand for new textbooks will increase.
This increase in both demand and supply of textbooks will increase the equilibrium quantity of textbooks. But the change in equilibrium price depends on the proportionate change in demand and supply.
If both demand and supply increase by the same proportion, the equilibrium price will remain the same.
If demand increases more than the supply, the equilibrium price will increase.
If supply increases more than demand, the equilibrium price will fall.
If more students attend college, paper becomes cheaper, textbook authors accept lower royalties and fewer used textbooks are sold. The equilibrium price of new textbooks is likely to decrease.
If more students attend college, the demand for new textbooks would initially increase, which could push the equilibrium price up. However, this demand increase is countered by several factors: the cost of paper becoming cheaper reduces the production costs of textbooks, potentially lowering the price.
Textbook authors accepting lower royalties further decreases production costs, which can also contribute to lower prices. Additionally, fewer used textbooks being sold means that students might need to purchase new ones, potentially increasing demand.
However, the overall effect of lower production costs (from cheaper paper and reduced royalties) is likely to outweigh the increased demand from more students needing new textbooks. Consequently, the equilibrium price of new textbooks is expected to decrease, as the supply side improvements help offset the demand increase.
What will happen over time if a firm uses its overall WACC to evaluate all projects, regardless of each project's risk level?
a) It will reject projects that it should have accepted
b) the firm overall will become riskier
c) the firm's risk will not change over time
d) it will accept projects that it should have rejected
e) using the firm's WACC to evaluate all projects is appropriate
Answer: Option A and D
Explanation: In simple words, weighted average cost of capital refers to the expected amount for the return that a company has to pay to all its security holders.
Weighted average cost of capital should be abducted as per the risk of the project that a company is willing to take as every prospect have different needs and requirements which directly affects the level of threat of capital loss.
For a high risk project WACC should be increased and vice-versa.
Suppose consumer income increases. If grass seed is a normal good, the equilibrium price of grass seed will a. decrease, and producer surplus in the industry will decrease. b. increase, and producer surplus in the industry will increase. c. decrease, and producer surplus in the industry will increase. d. increase, and producer surplus in the industry will decrease.
Answer:
b. increase, and producer surplus in the industry will increase
Explanation:
A normal good is a good whose demand increases as income increases.
If grass seed is a normal good, when income rises, demand increases and the demand curve shifts to the right. This would lead to an increase of demand over supply which would lead to a rise in price.
The rise in price increases producers surplus.
Producers surplus is the least price a producer is willing to sell a product and the actual price the product is sold. If price rises, producer surplus increases.
Final answer:
When consumer income increases, the demand for normal goods also increases. In the case of grass seed, this results in an increase in the equilibrium price and producer surplus in the industry.
Explanation:
When consumer income increases, the demand for normal goods also increases. Grass seed is a normal good, so an increase in consumer income will cause an increase in the demand for grass seed. As a result, the equilibrium price of grass seed will increase, and producer surplus in the industry will increase as well. This is because higher demand will lead to higher prices and more sales, allowing producers to earn greater profits.
Both tariffs and quotas tend to – social welfare. That is, they increase – for domestic consumers and decrease – of the restricted good. In some cases, such as the U.S. shoe market, tariffs on cheap goods hurt – consumers the most, making the tariff an example of a regressive tax.
Answer:
The correct answer is: reduce; price; supply; poor.
Explanation:
A tariff is a tax imposed on the import of goods and services from another country. A quota is a quantitative restriction on the imports.
Both tariff and quotas decreases the supply of imported products. This causes their price to increase. This increase in price reduces the consumer surplus for the domestic consumers.
In some cases where tariff is imposed on cheap goods that are consumed mostly by the poor consumers hurt them the most. Tariff in such situations become an example of regressive tax.
Steve owns a bike shop. He wants to increase the number of bikes he sells each week, and he wants to use a technological advance to do so. ________ would represent a technological advance at his bike shop. A. Increasing his inventory of helmets and accessories that he sells B. Increasing the number of bikes he holds in inventory C. Utilizing an online ordering system that allows him to sell bikes across the country D. Better training for his staff Increasing the number of employees
Answer:
C. Utilizing an online ordering system that allows him to sell bikes across the country
Explanation:
It is only through using an online ordering system that sales of the bikes can increase.
Also, using an online ordering system represents a form of technological advance.
In the 1950s, imports and exports of goods and services constituted roughly 4% to 5% of U.S. GDP. In recent years, exports have accounted for approximately 12% of GDP, while imports have more than tripled to over 15% of GDP. Which of the following helps to explain the increase in international trade and finance since the 1950s?Check all that apply.
a) An increasing number of import quotas
b) Better high-speed rail lines
c) Improvements in telecommunications
d) International trade agreements such as the General Agreement on Tariffs and Trade (GATT)
Answer:
a) An increasing number of import quotas
b) Better high-speed rail lines
c) Improvements in telecommunications
d) International trade agreements such as the General Agreement on Tariffs and Trade (GATT)
Explanation:
All of the above applies as in order to increase the international trade.
As with the increase in quotas there is a pressure to increase the imports. Further when there is easy chain of supply even in the international market that is railway facility is smooth and that the telecommunications is also easy.
Further, with increased trade agreements there is provision of reduced tariffs and taxes and accordingly the international exchange is not complicated and is rather smooth.
Final answer:
The rise in U.S. international trade can be attributed to technological advancements in telecommunications and the implementation of trade agreements like GATT, which reduced trade barriers and facilitated global economic integration.
Explanation:
The increase in international trade and finance since the 1950s can be explained by various factors. Improvements in telecommunications have drastically enhanced the speed and efficiency of communication globally, facilitating international transactions and operations. International trade agreements such as the General Agreement on Tariffs and Trade (GATT) have significantly lowered trade barriers, making it easier and more attractive for countries to engage in cross-border trade.
However, increased import quotas, which are limits set on the volume of imports, would generally reduce the level of trade, not increase it. Moreover, while better high-speed rail lines may have a positive impact on trade within certain regions, particularly in Europe and Asia, their effect on the global scale of U.S. exports and imports may be less significant when compared to advancements in maritime and air transport which have a greater global reach.
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $20 billion in year 2, a budget deficit of $20 billion in year 3, a budget surplus of $10 billion in year 4, and a budget deficit of $2 billion in year 5.
1. What is the absolute size of its public debt in year 5? $Billion?2. If its real GDP in year 5 is $104 billion, what is this country
Answer:
1) this country's public debt = $42 billion
2) incomplete question
Explanation:
A budget deficit is the difference between a country's income and its expenditures, a deficit occurs when expenditures are larger than revenues. The public debt would be the accumulation of all the country's budget deficits or surpluses.
public debt = -$20 - $30 + $10 - $2 = -$42 billion
ABC would like to market their products in Brazil. Armed with the design and manufacturing capability, ABC is looking for a company with the distribution channels and knowledge of the Brazil culture necessary to market their products. ABC has decided to form a partnership with XYZ in Brazil. The company will be jointly owned and independently operated. Which of the following is ABC forming with XYZ?
a. Franchise
b. Joint venture
c. Licensing agreement
d. Operating subsidiary
Answer: Joint venture
Explanation: In simple words, joint ventures refers to the business arrangement in which two separate entities join their operations for a single venture with the intent of earning monetary benefits or other such benefit as such.
In such an arrangement the two entities join their operations but keep their entities separate for their existing businesses. In the given case, ABC and XYZ have joined their operations in relation to each pother needs with the common goal of earning profits.
Hence the correct option is B .
Because BSB is cutting back on its loans, other banks will find they have too reserves, causing them to their loans.
BSB may find it difficult to cut back on its loans immediately because it cannot force people to pay off loans.
Which of the following ways represent an alternative for BSB to return to its original reserve ratio? Check all that apply.
A) Lend money
B) Attract additional deposits
C) Borrow money from another bank
D) Borrow money from the Fed
Answer:
The correct answers are
A) Attract additional deposits - this deposits can be used to increase the reserves
B) Borrow money from another bank - BSB will have to pay interest, but these money can be used to increase the reserves.
C) Borrow money from the FED - cheaper than borrowing from another bank, the same logic applies: it can use the money borrowed to increase its amount of reserves
Final answer:
BSB can return to its original reserve ratio by attracting additional deposits, or borrowing from other banks or the Federal Reserve. These methods directly increase reserves or temporarily cover shortages, ensuring stability and depositor confidence.
Explanation:
To address the situation wherein BSB is cutting back on its loans, there are several strategies it can employ to return to its original reserve ratio. Attracting additional deposits, borrowing money from another bank, and borrowing money from the Federal Reserve are practical alternatives. Attracting more deposits can increase the bank's reserves directly. Borrowing from another bank or the Fed can temporarily cover the reserve shortage. Option C
When BSB cuts back on its loans, it is likely attempting to increase its reserves to meet reserve requirements or to reduce risk in tough economic times. Selling loans in the secondary market might also be considered, allowing the bank to turn loans back into liquid assets that can strengthen its reserve position. Banks hold some deposits as reserves to ensure depositor confidence and meet withdrawal demands, thus maintaining a stable bank operation.
Major activities of the Planning Section include:
A. Compensating for injury or damage to property.
B. Providing technology to ensure efficient incident communications.
C. Setting up and maintaining incident facilities.
D. Preparing and documenting Incident Action Plans.
Answer:
Major activities of the Planning Section include: D) Preparing and documenting Incident Action Plans.
Explanation:
The Planning section is responsible for various activities carried out in Incident Command System or ICS. ICS is used to respond to emergencies in the United States. The activities that befall under this section are mostly related to plannings.
These activities are: collecting and evaluating information, preparing and maintaining documents of incidents, etc. Preparing and maintaining the incident documents is an essential task and requires accuracy in representing the facts and figures. Hence, we can say that D is the only activity in the planning section of the ICS.
The major activities of the Planning Section in incident management include setting up and maintaining incident facilities, preparing and documenting Incident Action Plans, and providing technology for efficient incident communications.
Explanation:The major activities of the Planning Section in incident management include:
Setting up and maintaining incident facilities: This involves establishing the necessary infrastructure and resources to support the incident response and ensure smooth operations.Preparing and documenting Incident Action Plans: This includes developing a comprehensive plan that outlines the objectives, strategies, and tactics to be employed during the incident response.Providing technology to ensure efficient incident communications: This involves utilizing communication tools and systems to facilitate effective coordination and information sharing among incident responders.Learn more about activities of the Planning Section in incident management here:https://brainly.com/question/32134843
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Suppose you deposit $125 into an account at the end of every month. If the account earns 6% interest, compounded monthly, how long (in years) will it take for the value of the account to reach $8000? Round your answer to two decimal places.
Answer:
t = 69.4879 years ≈ 69 years 5 months and 27 days
Explanation:
A = P × [tex](1+\frac{r}{n})^{nt}[/tex]
Here,
A = total amount = $8,000
P = principal or amount of money deposited = $125
r = annual interest rate = 6%
n = number of times compounded per year = monthly i.e 12
t = time in years
thus,
$8,000 = $125 × [tex](1.005)^{12t}[/tex]
or
[tex](1.005)^{12t}[/tex] = 64
taking natural log both the sides, we get
[tex]\ln((1.005)^{12t})[/tex] = ln(64)
or
12t × ln(1.005) = ln(64)
or
12t = [tex]\frac{\ln(64)}{\ln(1.005)}[/tex]
or
12t = 833.85433
or
t = 69.4879 years ≈ 69 years 5 months and 27 days
When Coca-Cola saw the growth of the bottled water category, they launched DASANI, its brand of bottled water. Which brand development strategy did Coca-Cola use in launching DASANI?
a. New brand
b. Multibranding
c. Line extension
d. Licensing
e. Brand extension
Answer: (A) New brand
Explanation:
The new brand development strategy is the process of strengthening the new brand services and also creating the new brand profession.
The first step of developing the the strategy is that the business objective should be clear and the plans of the business should be according to the potential of the customers.
Hence, the cocoa-cola company launching DASANI by using the new brand development strategy as it is one of the successful brand strategy executed in an organization.
Therefore, Option (A) is correct.
Jenna’s supervisor was lamenting the fact that their company could not simultaneously meet the needs of their existing customer base (primarily consumers over the age of forty) and make inroads to the growing youth market. Jenna, on the other hand, came up with a plan for doing both, an example of
Answer:
the S-T-P approach (market segmentation)
Explanation:
Segmenting, targeting, positioning is a well-known marketing model applicable when addressing a diverse customer base. It is synonymous with market segmentation.
In order for Jenna's plan to be effective, it has to tackle each target group specifically, according to their own characteristics, preferences and habits. That way, the company can tailor their marketing efforts towards each target group respectively.
You have a goal of having $270,000 four years from today. The return on the investment is expected to be 8% and will be compounded semi-annually. The amount that needs to be invested today is closest to: (FV of $1,PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.)
A) $180,000.
B) $197,989.
C) $135,000.
D) $197,289.
Answer:D $197,289
Explanation:
Compounding a present value for a future sum is calculated thus:
FV= PV(1+r/n)^nt
FV= $270,000
Rate= 8%
Time= 4yrs
Compounded semi annually
$270,000= PV(1+0.08/2)^2*4
270,000=PV(1.04)^8
270,000=PV(1.368569050405)
270,000/1.3685690504052736
PV= 197,289
Contractors Service, Inc., enters into a contract to build a restaurant for Dierdre’s Soup Spoons Bistro with Dierdre’s payment due on August 1. On August 1, her bank is closed, and for this reason, she claims that she cannot pay on time. In this situation:
a. Dierdre is in breach of contract.
b. Dierdre’s bank is liable to Contractors Service.
c. the contract is suspended.
d. the contract is discharged.
Answer:
a. Dierdre is in breach of contract.
Explanation:
Breach refers to not filling the duty as mentioned in the contract and then legally not following the contract.
When a contract is made, then there is bound to complete the act contracted, by both the parties,
This is because the contract binds both the parties.
Here, in the given instance Contractors Service Inc. is bound to build the restaurant for Dierdre's Soup Spoon Bistro.
In return the contract binds Dierdre's Soup spoon Bistro to make payment on 1 August.
Thus, in case if the bank is closed on 1 August, the payment shall have been made on 31 July.
Or in case there is some clause inserted in the contract allowing payment some other day in case of banks not working on the contract date.
Thus, this is breach of contract.
Since it did not completed its duties.
If total current assets are $140,000 at the end of Year 1, increase by $50,000 by the end of Year 2, and increase by $50,000 in Year 3, the percentage increase over the preceding year is less in Year 3 than in Year 2.
Answer:
True
Explanation:
As the assets increase by $50,000 in year 2 on the basis of $140,000
The percentage increase = $50,000/$140,000 = 35.71%
In the year 3, the basis will be $140,000 + $50,000 (increase in year 2) = $190,000
Thus, in the year 3 the percentage increase in assets = $50,000/$190,000 = 26.32%
This clearly shows that the percentage increase is more in Year 2 than year 3, because the increase value is same but the basis has increased for Year 3, which is in denominator.
Raj is the owner of a small real estate agency in New York City. He has four employees and wants to be able to evaluate each employee against the other employees. Which appraisal technique should Raj use?a) BARS
b) Graphic rating scale appraisal
c) Paired comparison
d) Checklist appraisal
e) Forced-choice appraisal
Answer:
Letter c is correct. Paired comparison.
Explanation:
The paired comparison evaluation technique occurs when a comparison analysis is performed considering a small range of options. It is an easy activity to perform and allows you to establish subjective judgment criteria according to a classification of alternatives.
For Raj, it would be a useful evaluation activity, as he has few staff members to evaluate against others, and can establish alternative classification criteria that will be effective in measuring and obtaining results according to his needs.
Raj should use the paired comparison appraisal technique to evaluate his employees, which allows for a relative ranking based on direct comparisons and helps reduce personal biases.
Raj, the owner of a small real estate agency in New York City who wants to evaluate his employees against each other, should use c) Paired comparison as the appraisal technique. This method allows Raj to compare each employee directly against every other employee, one pair at a time, to form a ranking. It minimizes the effects of rater biases by focusing on the relative performance of the employees rather than individual likability or personal challenges they may be facing.
Relative ranking appraisals are suitable for situations where the objective is to compare employees to one another, rather than evaluating them against a fixed standard or absolute rating. The paired comparison method aligns well with the Analytic Hierarchy Process (AHP) which also uses pairwise evaluations to rank alternatives. This technique would ensure that personal likability or other extraneous factors, as illustrated by the dilemma faced by James in the sample scenario, would have less impact on the appraisal outcome.
Katsiaryna is a middle manager in a large company. She was just passed over for promotion and could not understand why. On a scale from 0 to 100, her overall performance score over the last three years has been 89. In her company, the performance appraisal system defines outstanding performance at 90 or above, very good at 80 or above, good at 70 or above, average at 60 or above, and unacceptable as anything below 60. Katsiaryna found out that the average score for middle managers in her company is 91. What is the major appraisal problem in this case?
a) Inappropriate substitutes for performanceb) Inflationary pressuresc) Central tendency errord) Halo errore) Similarity error
Answer:
B) Inflationary pressures
Explanation:
When HR evaluate the employees' performance they might have a tendency to be "nice" with the employees and be less rigorous with the evaluations. Many times the negative factors will be downweighted and the evaluations will be upgraded. The problem with this nice person approach is that a lot of people will get very high evaluations and comparing them may lead to problems. For example, if everyone is considered a good or excellent employee, how do you know who will be promoted or who can be fired.
Peachtree Company borrows $30,000 from the local bank at 7% interest. The term of the note is five years, and the annual payments remain constant at $7,317. Determine the interest expense Peachtree Company should record in the second year.
a. $1,735
b. $2,100
c. $7,317
d. $5,217
Answer:
a. $1,735
Explanation:
Year 1;
$30,000 is the loan amount borrowed(Principal) which means that it is the beginning balance.
If payment per year = $7,317,
Portion of PMT that goes towards Interest expense = 7%*30,000 = $2,100
Portion of PMT that goes towards Principal payment = $7,317 - $2,100 = $5,217
Ending balance yr 1 = $30,000 - $5,217 = $24,783
Year 2;
Beginning balance = $24,783
Payment per year = $7,317
Portion of PMT that goes towards Interest expense = 7% *$24,783 = $1,734.81
Therefore, interest expense that Peachtree Company should record in the second year is $1,735
Alma is interested in receiving income to help save money for her grandson’s college education. She is considering investing in the stock of a fast-growing technology company that is promising a rather high dividend rate to shareholders. One thing it will be helpful for Alma to remember is_______.
A. that dividends are always based on the prevailing market price of the stock.
B. the dividend rate of a company cannot be changed once it is set.
C. fast-growing companies are rather secure investments to purchase.
D. the company does not have a legal obligation to pay dividends when promised.
Answer:
D. the company does not have a legal obligation to pay dividends when promised.
Explanation:
Dividends are share of income distributed by the company to shareholders when the company performs good, and earns profit.
But since it is a distribution of income and not a mandatory payment, there might be chances that company do not pay dividends, and might retain the income earned for future growth prospects.
Thus, in order to earn money fast although the company promises to make dividend payments, but it shall be taken care, that the company will necessarily pay dividends.
Command and Control Regulation is when____.
a. government tells a firm how much they can produce.
b. Firms collude to produce a certain amount of a good.
c. Firms are required to install anti pollution equipment thereby increasing their costs and reducing their output.
d. The government taxes the amount of goods produced by a firm.
Answer:
The correct answer is C
Explanation:
CAC which stands for Command and Control Regulation, it is defined as the direct regulation which the industry or an activity through legislation states that what is permitted and what is illegal.
It requires the firms to install the anti pollution equipment and then increase the costs by reducing the output. It is successful in cleaning and protecting the US environment.
The public relations activity that involves enhancement of communication between investor-owned companies and their shareholders, the financial community (for example, banks, annuity groups, and investment firms), and the public is known as:_______
Answer:
financial public relations
Explanation:
Financial public relations -
It helps to build the financial reputation of the company .
The focus is to transmit the truthful and transparent culture of the organisation , it achieves the high degree of the credibility with the society .
hence , from the question ,
The correct term for the given statement is financial public relations .
Cindy decides to gift her brother, Bob, with a small cottage that she owns on a piece of property adjacent to her main summer home. To transfer her interest in the house to Bob, Cindy signs a ________.
Answer:
Quitclaim deed
Explanation:
A quitclaim deed is a legitimate apparatus that is utilised to transfer interest for genuine property. The element moving its advantage is known as the grantor, and when the quitclaim deed is appropriately finished and executed, it moves any concern the grantor has in the property to a beneficiary, called the grantee. There are three sorts of land deeds: (1) the general guarantee deed, (2) the unique guarantee deed, and (3) the quitclaim deed
A producer of medical devices makes a single model that can be customized to talk in and display any of 47 different languages. This customization is performed in one of their five regional distribution centers as firm orders are received, providing an elegant example of:A) backward integrationB) forward integrationC) channel assembly.D) offshoring
Answer:
channel assembly
Explanation:
In the context of supply chain management, it seems that the information provided is describing channel assembly. This refers to the process in which products are assembled as they move through the distribution channels. This allows the manufacturers to customize the product on the specifications needed by the buyer. Such as is the case in this scenario, since the producer of the medical devices is able to customize the language of their device on buyer request.
George, a manager at Chromium Inc., never approves his subordinates' leaves. He also forces them to maintain a very high standard of productivity. The employees are unable to express their difficulties to George because he is more concerned about production and less concerned about them. In the context of the Blake-Mouton leadership grid, which of the following leadership styles is George using in this scenario?
a. The middle-of-the-road style
b. The country club style
c. The authority-compliance style
d. The impoverished style
Answer:
c. The authority-compliance style
Explanation:
The authority-compliance style is a style in which managers have a low concern for people and a high concern for results. So, managers that use this style think that their employees are a mean to get the results they need and have strict norms. This can lead to employees with low motivation. According to this, the styles that George is using in this scenario is the authority-compliance style because he doesn't show concern for its employees an he is focused on having a high productivity.
According to the crowding-out effect, if the federal government increases spending, the demand for money and the equilibrium interest rate will ___________, which will cause consumption, investment, and net exports to ___________.
a. increase; decrease
b. decrease; increase
c. decrease; decrease
d. increase; increase
Answer:
a. increase; decrease
Explanation:
The crowding-out effect is one where public spending intended to increase spending in the economy (ie. aggregate demand, and thus stimulate the economy) results in less private spending, causing aggregate demand to increase less than the increase in public spending.
The reason is because as government spend they have to use money. That will raise demand for money, causing the its price (interest rate) to increase. Because money becomes more valuable (people have to forgo higher interest rate to spend their money or pay higher rate to borrow) there will be less spending on consumption and investment. Higher interest rate also causes net exports to decrease (more imports less exports).
Municipal bonds are essentially the same as corporate bonds. Thus, the coupon (interest) rate set on a not-for-profit hospital bond will be the same (for all practical purposes) as the rate set on a similar for-profit hospital bond.a. Trueb. False
Answer:
False
Explanation:
Since interest income from municipal bonds is exempt from federal taxes, and usually it is also exempt from state and local taxes, the coupon rate that they pay is generally lower than private or federal bonds.
If the coupon rate is the same for a municipal hospital than that of a private hospital, the real interest rate paid by the municipal bond is higher. For example, both pay a 10% coupon: if you own a municipal bond you will earn 10%, but if you own a private bond your net earning will be = 10% - federal income taxes (and state/local income taxes)
UPS, a delivery services company, has a beta of 1.6, and Wal-Mart has a beta of 0.9. The risk-free rate of interest is 6% and the market risk premium is 9%. What is the expected return on a portfolio with 40% of its money in UPS and the balance in Wal-Mart?
Answer:
16.62%
Explanation:
First, use CAPM to find the expected return of each stock;
r= risk free + beta (market risk premium)
UPS;
r = 0.06 +(1.6*0.09)
r = 0.204 or 20.4%
Walmart;
r = 0.06 + (0.9*0.09)
r = 0.141 or 14.1%
Next find the return of portfolio;
Let UPS be represented by U and Wal-Mart by W
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%
During an ice hockey game, Claude silently skates up to Gordie from behind and hits him over the head with his stick. Claude is promptly thrown out of the game and suspended by the league. Gordie is not injured because he is wearing a helmet. If Gordie sues Claude, Claude would be guilty of__________.
Answer:
battery
Explanation:
Based on the information provided within the question it can be said that If Gordie sues Claude, Claude would be guilty of battery. In the context of criminal behavior, Battery refers to the crime of being aggressive and making contact with another person, with or without his or her consent. It is a type of assault charge but the person must have made physical contact with the victim.
Clancy sells shares in Darling Pool & Spa Company to Eton. Clancy does not deliver the actual possession of the shares to Eton, but gives him the key to a safety-deposit box in First State Bank in which the stock certificates are locked. Presenting the key is_________.a. real delivery.b. constructive delivery.c. delivery by agent .d. no delivery.
Answer: constructive delivery
Explanation: In simple words, constructive delivery refers to the actions when one individual transfers the tile to other by operation of law when the actual delivery is not possible in the situation.
Such deliveries are a concern for the jury and are usually constituted by them as one needs a third party to study in detail the facts and law relating to the transfer.
Thus, from the above we can conclude that the correct option is B .