The outcome of the ceiling price $800 rent is that the quantity supplied will remains at the same.
What is a price ceiling?This refers to a price order by the government that keeps a price from rising above a certain level known as the “ceiling”.
In the graph, the horizontal line at the price of $800 shows the maximum price set by the rent control law.
The forces that shifted the demand curve to the right are still there, but, at this price, the quantity supplied will remains at the same 15,000 rental units although the quantity demanded is 19,000 rental units.
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Answer: There will be a rental housing shortage.
Explanation:
A financial plan is most influenced by what
A financial plan is more influenced by economic factors, values, goals and the current scenario.
What is a financial plan?It corresponds to a personal or organizational strategy to achieve financial goals through planning for the use of financial resources. Factors that influence financial planning are mastery of finance, social well-being, financial inclusion and financial literacy.
Therefore, financial planning is impacted by environmental and personal circumstances that will affect resource allocation needs to achieve goals and objectives.
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What is the term to describe colors that are equally spaced from each other in the color wheel?
The term to describe colors that are equally spaced from each other in the color wheel is hue.
What is hue?A hue can be regarded as the most simplistic as well as basic aspect of a color.
Therefore hue is describe colors that are equally spaced from each other in the color wheel and it separates red from orange colors.
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[The following information applies to the questions displayed below.]
Alquist Company uses the retail method to estimate its ending inventory. Selected information about its year 2024 operations is as follows:
January 1, 2024, beginning inventory had a cost of $100,000 and a retail value of $150,000.
Purchases during 2024 cost $1,387,500 with an original retail value of $2,000,000.
Freight costs were $10,000 for incoming merchandise.
Net additional markups were $300,000 and net markdowns were $150,000.
Based on prior experience, shrinkage due to shoplifting was estimated to be $15,000 of retail value.
Merchandise is sold to employees at a 20% of selling price discount. Employee sales are recorded in a separate account at the net selling price. The balance in this account at the end of 2024 is $250,000.
Sales to customers totaled $1,750,000 for the year.
Required:
1. Estimate ending inventory and cost of goods sold using the conventional retail method.
The ending inventory and the cost of goods sold using the conventional retail method will be $135992, and $1361508 respectively.
How to illustrate the information?It should be noted that the ending inventory simply means the value of goods that are still available for sale at the end of an accounting period.
From the calculation in the attached document, the goods available for sale was 1497500 and the estimated cost of goods was 1361508. Therefore, the estimated inventory at cost was:
= 1497500 - 1361508
= 135992
The document is attached for further explanation.
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This year you have decided to focus your efforts on marketing to employer group plans. One employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. What should you do?
The employee should go ahead and call the retirees by explaining to them the features of the group plans selected by the employer.
What is marketing?Marketing is an activity where a company promotes the sale of its goods either through advertisements or retail shopping.
The marketing of employer group plans means convincing retired employers for availing the group plans. This can be done by defining the benefits of taking the plan and inducing them to claim it in personal conversation through phone call mode.
Therefore, calling the selected retired persons would be the act done by the employees towards taking initiative for marketing of group plans given by the employer.
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ABC has a semi-monthly payroll cycle and a 40 hour standard work week. Sun Mon Tues Wed Thurs Fri Sat "2/28 2 hours" "2/29 8 hours" "3/1 8 hours" "3/2 8 hours" "3/3 8 hours" "3/4 8 hours" "3/5 0 hours" "3/6 2 hours" "3/7 8 hours" "3/8 8 hours" "3/9 8 hours" "3/10 8 hours" "3/11 8 hours" "3/12 0 hours" "3/13 2 hours" "3/14 8 hours" "3/15 8 hours" "3/16 8 hours" "3/17 8 hours" "3/18 8 hours" "3/19 8 hours" 1 What would ABC's total pay hours for March 1 - March 15 pay period? 2 What would ABC's total pay hours for the previous pay period? 3 What would ABC's total pay hours for the next pay period?
Based on the monthly working cycle of ABC and the pay periods in March, the pay hours are:
March 1 - March 15 = 120 hours.Previous pay period = 112 hours.Next pay period = 128 hours.What are the pay hours for ABC?The March 1 to March 15 pay hours would be for 15 days:
= Number of days x average pay
= 15 x 8
= 120 hours
The previous pay period would have been 2 weeks in February which is 14 days:
= 14 x 8
= 112 hours
The next pay period would have to cover the rest of March and so will be from March 16 to March 31 which is 16 days:
= 16 x 8
= 128 hours
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Assume University Athletic Pharoah Club sells T-shirts for $30 and anticipates selling 6,700 shirts during football season. The club purchases the shirts from a local dealer for $23.00. Budgeted fixed costs of $35,000 are made up of $3,700 of selling expense and the remainder is $17,700 administrative expense. The selling expenses include a sales commission of $0.22 per shirt. All other selling costs are fixed. Prepare an income statement in the contribution margin format.
The preparation of the University Athletic Pharaoh Club's Income Statement in the contribution margin format is as follows:
University Athletic Pharaoh Club
Income StatementFor the football season
Sales Revenue $201,000
Variable cost of sales 155,574
Contribution margin $45,426
Fixed Costs:
Selling and administrative 33,526
Net Income $11,900
Data and Calculations:Sales revenue = $201,000 ($30 x 6,700)
Cost of sales = $155,574 ($23.22 x 6,700)
Fixed Costs = $35,000
Sales commission = $1,474 ($0.22 x 6,700)
Remaining fixed costs = $33,526
Thus, the income statement of University Athletic Pharaoh Club for the football season shows a net income of $11,900.
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ABC has a semi-monthly payroll cycle and a 40 hour standard work week.
Sun Mon Tues Wed Thurs Fri Sat
"2/28
2 hours" "2/29
8 hours" "3/1
8 hours" "3/2
8 hours" "3/3
8 hours" "3/4
8 hours" "3/5
0 hours"
"3/6
2 hours" "3/7
8 hours" "3/8
8 hours" "3/9
8 hours" "3/10
8 hours" "3/11
8 hours" "3/12
0 hours"
"3/13
2 hours" "3/14
8 hours" "3/15
8 hours" "3/16
8 hours" "3/17
8 hours" "3/18
8 hours" "3/19
8 hours"
1 What would ABC's total pay hours for March 1 - March 15 pay period?
2 What would ABC's total pay hours for the previous pay period?
3 What would ABC's total pay hours for the next pay period?
Based on the average working hours of ABC, their total pay hours would be:
March 1 - March 15 = 120 hours. Previous pay period = 112 hours. Next pay period = 128 hours. What are ABC's pay hours?ABC pay hours are an average of 8 hours a day. For work done from March 1 to March 15, the pay hours would be:
= 8 x 15
= 120 hours
ABC pays on a bi-weekly basis which means that the previous pay period was most like 14 days:
= 14 x 8
= 112 hours
The next pay period will most likely be 16 days in order to cover the rest of March from the 16th to the 31st:
= 16 x 8
= 128 hours
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1. Suppose the economy is operating in a recessionary gap. If policymakers wished to use fiscal policy to move output to its long-run natural rate, they should attempt to
a. shift aggregate demand to the right
b. shift aggregate demand to the left
c. shift short-run aggregate supply to the right
d. shift short-run aggregate supply to the left
2. Assume that the US economy is producing at its potential GDP when an economic boom (short run event) in both Japan and Europe. This boom results in massive increase in orders for exported goods from the United States.
a. This economic boom in Japan and Europe would cause which curve to shift for AS-AD for the US Economy?
b. Which component of the Expenditure Equation for the US is affected by this boom?
c. What type of macroeconomic equilibrium condition is created by this short run event? (Inflationary gap, recessionary gap or stagflation)
d. Explain the type of fiscal policy that US government would use to bring the economy back to full employment. What curve in the AS-AD would this fiscal policy shift?
e. Explain the type of monetary policy that The Fed would use the bring the economy back to full employment. Hint: ( focus on the Federal Funds Rate and IROB Rate) What curve in the AS-AD would this fiscal policy shift?
Answer:
1. aggregate demand shifts right or aggregate supply shifts left
2. im not too sure about the second one but i would say A sorry about that
Explanation:
This introduces an applicant and the applicant’s résumé to a potential employer:
a.
Personal Goal Statement
b.
Cover Letter
c.
Job Application
d.
Reference
Answer:
B cover letter
Explanation:
The cover letter introduces an applicant and the applicant’s resume to a potential employer. Thus, option B is the correct option.
A cover letter is a formal document that introduces an applicant and their resume to a potential employer. It serves as a personalized introduction, highlighting the applicant's interest in the position and showcasing their relevant skills and qualifications. The cover letter aims to make a strong first impression, demonstrating the candidate's enthusiasm for the role and how their experience aligns with the company's needs.
It complements the resume by providing additional context and explaining key achievements. A well-crafted cover letter can capture the employer's attention and increase the chances of the applicant being considered for the job opportunity.
Thus, option B is the correct option.
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Is it normal for a recruiter to ask the salary expectations in the first interview? If the salary monthly is beyond how much they can pay, would they proceed to a second and third step and then say they can't pay that much in the end or this is unlikely ? My question is, given the fact that the candidate only accept X would they proceed to a second step if they can't pay ?
i think the answer is supposed to be "open"
ASAP WILL GIVE BRAINLEST
You find an error on your credit report: your credit card account indicates that you are 60 days late on your payment but you have bank records indicating that you have always made on-time paymentsWhat should you do FIRST
A.)Contact the credit card company to have them fix it
B.)Contact the credit reporting agency
C.)Wait a few weeks to see if it gets resolved
D.)Call the police to report the possible identity theft
Answer:
A
Explanation: The answer is A because you need to contact the credit card company as fast as possible.
Answer:
The answer is B, not A
Explanation:
It's B because you must contact the credit reporting agency as fast as possible
Skill #1 self and social Awareness
Skill description: What does the self and social Awareness skill look like in your career/industry?
The self and social awareness skill in your career/industry include emotional awareness, active listening and empathy.
What is self and social awarenessSelf-awareness is when an individual is aware and conscious of her actions and inaction. It is very important in relating at the work place.
The ability to study other people emotion and also sympathize with them, the ability to speak maturely and not just rudely to you co-employee is very important in creating a good atmosphere at the work place and a good social skills.
Therefore, The self and social awareness skill in your career/industry include emotional awareness, active listening and empathy.
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The vision of an organization is vital for any organization but it is almost unachievable.
Critically evaluate this statement.
The vision of an organization is vital for any organization but it is almost unachievable and majority of organizational visions fails in it as they are rational, time-bound and highly impersonal.
Why is a vision important to any organization?A vision is really important for any organization because it serves as a strategic plan for success.
Vision provides the focus and direction, that helps to align everyone with the organization in order to achieve the desired goal.
It helps to increase efficiency and productivity in the organization.
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Simple and avoidable errors are made in hospitals each day, causing patients to die. Inspired by two tragic medical mistakes-his father's misdiagnosed cancer and sloppiness that killed an 18-month-old child at Johns Hopkins- Dr. Peter Pronovost has made it his mission, often swimming upstream against the medical culture, to improve patient safety and prevent deaths. He began by developing a basic 5-step checklist to reduce catheter infections. Inserted into veins in the groin, neck, or chest to administer fluids and medicines, catheters can save lives. But every year, 80,000 Americans get infections from central venous catheters (or lines), and over 30,000 of these patients die. Pronovost's checklist has dropped infection rates at hospitals that use it down to zero, saving thousands of lives and tens of millions of dollars. His steps for doctors and nurses are simple: (1) wash your hands; (2) use sterile gloves, masks, and drapes; (3) use antiseptic on the area being opened for the catheter; (4) avoid veins in the arms and legs; and (5) take the catheter out as soon as possible. He also created a special cart, where all supplies needed are stored. Dr. Provonost believes that many hospital errors are due to lack of standardization, poor communications, and a noncollaborative culture that is antiquated and toxic." He points out that checklists in the airline industry are a science, and every crew member works as part of the safety team. Provonost's book has shown that one person, with small changes, can make a huge difference.
a. According to the above study and in reference to lecturers relate organizational culture determines three functions of organizational culture (4mks)
b. Different quality management gurus have taken different approach towards quality, compare Deming and Feigenbaum approach (5mks)
C. Explain why quality is free according to the above study (4mks) d. Explain business process Re-engineering relevant to the above hospital (5mks)
quality management (4mks)
e. Describe how Dr Provonost carried out a benchmark of the hospital |(4mks)
f. Explain four barriers that Dr. Provonost may face in implementing total
g. Identify four Characteristics of quality customer service in the above hospital (4mks)
The functions of organizational culture include facilitating collective environment and giving members a sense of identity.
What is organizational culture?It should be noted that organizational culture simply means the collection of values and expectations that guides the actions of employees.
The functions of organizational culture include:
Facilitating collective environment.
Giving members a sense of identity.
Promotion of relationship.
According to Feigenbaum approach, the steps to improve quality include quality technology, quality leadership, and organizational commitment.
It is stated that quality is free because the road to perfect goods and services is simply through prevention.
Business process re-engineering is relevant to the above hospital to achieve improvement in productivity.
Dr Provonost carried out a benchmark of the hospital by comparing the processes and the sharing of the best practices in clinical care.
The barriers that Dr. Provonost may face in implementing total quality include job apathy, poor existing quality measures, lack of accountability, and lack of good communication with employees.
The characteristics of quality customer service in the above hospital include:
A positive attitude.
Patience.
Empathy.
Delivering respect to patients.
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Use the information from your production possibilities schedule to create your production possibilities curve by filling in the following graph. Use textboxes to insert text, and use lines and circles from the shapes function to illustrate your production possibilities. Be sure to mark points A through F on the graph. (5 points)
We need to know that the production possibilities curve is used to show the tradeoffs of resources between the production of two goods.
What is a production possibilities curve?This refers to the model that shows combinations of products (different categories) that can be produced from a fixed amount of resources.
From the missing chart:
Resources to produce up to 15 running shoe inserts.Resources to produce up to 10 hiking boot insertsThis means that every 2 hiking boot produced involves giving up the production of 3 running shoe.
So, the Combinations Running Shoe Inserts includes A. 0-10, B. 3-9, C. 3-8, D. 6-7, E. 6-6, F. 9-5.
Hence, the graph that shows the production possibilities curve that is created based on the information is attached below.
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Name and explain 16 ways in which businesses can contribute to employee development and well being
Some ways companies can contribute to employee development and well-being are:
Promote safety at workGet a fair payHave a benefit planOffer trainingSupport the local communityDevelop organizational cultureDevelop communicationIntroduce social programsIncrease autonomy at workIncluding employees in decision makingIntroduce environmental programsOffer extra compensation for achieved goalsCreate channels for dialogCreate career plansIncorporate wellness policiesPromote mental healthHow important are employees to a company?A company's human capital is one of the most important resources for today's companies, as the business environment is highly competitive and companies need to differentiate themselves through creative and innovative ideas, which are developed in an organizational culture that values communication, training and capacity building.
Therefore, the development of policies and programs that promote the well-being of employees influences motivation, productivity and the development of essential skills for a company to be successful.
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What are the four phases in the project life cycle?
O introduction, planning, production, commencement
O initiation, planning, execution, closing
O planning, preparation, execution, production
O preparation, installation, activation, closing
Answer: b
Explanation:
Economists believe it is important to make __________ decisions about __________ resources.
Answer:consecutive comcervative
Explanation:
After earning his diploma, Bruce was hired as a junior accountant by Cargo Wholesale Inc. He received favourable assessment letters and salary increases after year one and two. At the end of his third year, he received his final paycheque with a letter stating that he was dismissed for incompetence. What points might Bruce argue to show that he was wrongfully dismissed?
The inference is that Bruce can qrgue to show that he was wrongfully dismissed by stating that the favourable assessment letters showed that he was competent.
What is an inference?An inference simply means the conclusion that can be deduced based on the information given in a story.
In this case, the inference is that Bruce can qrgue to show that he was wrongfully dismissed by stating that the favourable assessment letters showed that he was competent.
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1. Greet the customer and thank them for contacting our company
2. Let the customer know their order has been delayed, as caused by a severe blizzard on the East coast.
3. Express sympathy for the inconvenience caused.
4. Let them know that they can call customer support 8a - 8p EST, Mon - Fri: 555-555-5555
5. Sign off
Communicate the above info in a casual, friendly voice
In order to convey messages to customers in both a casual and professional voice, you need to include planned and clear sentences.
How would the message be conveyed both informally and formally?A good reference point for communicating the above informally and professionally is:
Good afternoon, my name is William Warwick. Thank you for contacting (company name). How may I be of service?We sincerely apologise but due to a storm on the East Coat, our logistics services have taken a hit which has resulted in several orders including yours, being delayed. We deeply apologise for any inconvenience caused and want you to know that we are working round the clock to fix things. If you require further assistance, don't hesitate to reach us at 555-555-5555 from Monday to Friday between the hours of 8am to 8pm.Thank you for calling (company name). Do have a pleasant day.The first part of the question is:
Please communicate the following information to the customer in both a casual voice, and a professional voice.
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Common alcoholic beverages include:
Answer:
Common alcoholic beverages include:VodkaRumBrandyliqueur CordialExplanation:
Its just asking what are the common alcohols.Common alcoholic beverages include: Vodka, Brandy, Cordial, liqueur, and so on.
Tennessee's whisky, a screwdriver, a sex on the beach cocktail, a Moscow mule, a mai tai, a cosmopolitan, a tequila sunrise and a bloody Mary are a few of the widely consumed alcoholic beverages in the United States.
Bacardi rum, Imperial Blue whisky, Officer's Choice whisky, Emperor brandy, Tandy rum, and Smirnoff vodka are only a few of the most well-known alcoholic beverages in the world.
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12/25
If you pay off only the amount owed on your credit card each month, but
don't pay it off completely, what's that called?
A
B
с
Making your minimum payment.
Paying your balance.
Making your interest-avoidance payment.
Paying your dues.
Answer:
A
Explanation:
Besides lowering price, what actions can Jackie propose to improve contribution margin?
Besides lowering the price, Jackie can improve contribution margin by ensuring that:
Quality remains the same or betterthe company leverages social media marketing which is cheaper than conventional marketing and is better targeted.What does price reduction do?Price reduction (if all other factors remain constant) helps to drive up demand. This is consistent with the Law of Demand in basic Economics.
If Jackie is trying to drive up profit margin, they must thus consider the options given above.
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how does a cookie work?
I believe you eat it.
A cookie is a file that a website you visited saves to your computer's hard drive. When you return to the website later, it will be able to look at that file and recall what you had previously entered. The cookie often contains data such as your user name, the goods you looked at, and the settings you selected on the website. Some people want to deactivate cookies for all websites or only those they don't trust. .Cookies are beneficial because they help websites remember and monitor users without the need for a large database or server. Cookies are harmful because they could include information about you that you don't want other websites or hackers to know. Some people want to deactivate cookies for all websites or only those they don't trust. Additionally, it's not a terrible idea to occasionally erase all of your cookies or allow your firewall or anti-virus software wipe them up. A Stateless Protocol is what the web's primary language, HTML, is. Simply put, this basically implies that no data is kept between page loads. If cookies didn't exist, it would be difficult to continue to be logged in to a website. When you log in to a website (or even just visit, depending on the data they gather), a cookie is sent to your computer and kept there. All subsequent queries to that website made by your browser will include that cookie. The website recognizes you even if you are still on the other side of the connection thanks to the cookie value. Cookies are what allow the website to recognize you, and they may also be used to store and transmit information back to the website.
erpetual Inventory Using Weighted Average
Beginning inventory, purchases, and sales for WCS12 are as follows:
Oct. 1 Inventory 310 units at $9
13 Sale 170 units
22 Purchase 360 units at $12
29 Sale 200 units
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.
$fill in the blank 1
per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal places.
$fill in the blank 2
c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places.
The weighted average unit cost is $10.61.
The cost of goods sold on October 29 is $2,122.39.
The inventory on October 21 is $3138.
What is the average weighted cost?The weighted cost of goods sold = [(310 x 9) + ($12 x 360)] / (360 + 310)
(2790 +4320) / 670
7,110 / 670 = $10.61
Cost of the goods sold on October 29 = average unit cost x number of goods sold
$10.61 x 200 = $2,122.39
Inventory on October 21 = ending inventory x average cost
ending inventory = total inventory - total inventory sold
total inventory = 310 + 360 = 670 units total inventory sold = 170 + 200 = 370 units ending inventory = 670 - 370 = 300 unitsInventory on October 21 = 300 units x 10.61 = $3,183
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Once level 3 of the national lockdown was announced, Nando’s was able to offer its customers safe, sanitised and almost contactless takeaway meals, with the introduction of their “Kerbside Collections” initiative. The implementation of level 3 lockdown was a variable in the _______________ macro-environment that affected businesses across South Africa. a. political-legal b. economic c. socio-cultural d. environmental
The implementation of level 3 lockdown was a variable in the economic macro-environment that affected businesses across South Africa.
What is the Alert Level 3?This referred to the phase of South-Africa restrictions in place during the State of Disaster that requires all South Africans to stay at their place of residence to prevent the spread of Cov-id-19.
Hence, the implementation of level 3 lockdown was a variable in the economic macro-environment that affected businesses across South Africa.
Therefore, the Option B is correct.
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Which of the following statements is FALSE? O The relative frequency of selecting a red card changes with the increase in number of selections. For a given number of selections, we can use Joseph's graph to find the number of diamonds that he has picked so far. O This is an example of the law of large numbers. The theoretical probability for selecting a red card in each pick is 0.5. SAVE & CONTINUE Report an issue with this question Which of the following statements is FALSE ? O The relative frequency of selecting a red card changes with the increase in number of selections . For a given number of selections , we can use Joseph's graph to find the number of diamonds that he has picked so far . O This is an example of the law of large numbers . The theoretical probability for selecting a red card in each pick is 0.5 . SAVE & CONTINUE Report an issue with this question
Option A. The given false statement that has been made here is s option A. For a given number of selections, we can use Joseph's graph to find the number of diamonds picked so far.
How is this statement false?The red card is known to be made up of the hearts and the diamonds combined. Joseph has made a graph for only the reds. He did not make one separately for the red suits
This tells us that he cannot determine the hearts and the diamonds from the graph that he has made.
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Typically, life insurance policies are incontestable after a specific amount of time, usually one or two years. Following this time period, insurance companies cannot contest the validity of the policy, unless premiums were not paid. Does this encourage people to hide facts from insurance companies during the two year waiting period? if so, is this ethical?
Answer:
which sub again o please
. What must be the beta of a portfolio with E ( rP ) =18%, if rf
=6% and E ( rM ) = 14%?
The beta of the portfolio must be 1.50.
What is the beta?Beta is a measure of the systemic risk of a portfolio. The value of beta can be determined using the capital asset pricing model.
According to CAPM :
Expected portfolio return = risk free + beta( expected market return - risk free return)
18% = 6% + b(14 - 6)
18% = 6% + 8b
18% - 6% = 8b
12% = 8b
b = 12 / 8 = 1.50
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CAN YOU HELP ME WITH THAT QUESTION< PlEASE?
Additional tickets were sold for $44,000 cash during 2025, a portion of these was used by the purchasers during the year. The entire balance remaining in Unearned Sales Revenue relates to the upcoming Skins Game in 2025.
Based on the fact that the amount received from tickets for the upcoming Skins Game in 2025 was left in the Unearned Sales Revenue account, the journal entry is:
Date Account Title Debit Credit
2025 Cash $44,000
Unearned sales revenue $44,000
What is unearned revenue?This is revenue that a company has received but which they have not provided either the goods or services for.
For instance, pre-orders for goods and services.
The tickets sold were for upcoming games so the service of playing the game was yet to be delivered which makes this unearned revenue. It will be credited to the unearned sales revenue account.
Question is:
Prepare journal entries for the following event.
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