Suppose you identified three important systematic risk factors given by exports, inflation, and industrial production. At the beginning of the year, a firm's stock return is estimated at 9.6 percent and the growth in the three factors is estimated at ?1 percent, 2.5 percent, and 3.5 percent, respectively. The factor betas are: ?EX = 1.8, ?I = .7, and ?IP = 1. What would be the stock's total return if the actual growth in each of the factors was equal to the expected growth and no unexpected company news occurred?

A) 4.6 percent
B) 5.9 percent
C) 9.6 percent
D) 14.6 percent
E) 8.7 percent


C) 9.6 percent

Business

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Answer the following statements true (T) or false (F)

1. In a production process, the total time consumed by all tasks is 300 min. The total time available is 270 min. Given this information the balance efficiency of the production process is 33%. 2. ASYBL stands for Assembly Line Configuration Program. 3. ASYBL is used to solve problems related to line balancing. 4. The most-frequent-following-tasks rule is used in balancing an assembly line.

Business

Waterfall Manufacturing produces a chemical pesticide and uses process costing

There are three processing departments-Mixing, Refining, and Packaging. On January 1, the first department-Mixing-had a zero beginning balance. During January, 44,000 gallons of chemicals were started into production. During the month, 35,000 gallons were completed, and 9,000 remained in process, partially completed. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly through the process. During January, the Mixing Department incurred $52,000 in direct materials costs and $211,000 in conversion costs. At the end of the month, the ending inventory in the Mixing Department was 60% complete with respect to conversion costs. The weighted-average method is used. The total cost of product in ending inventory was ________. (Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.) A) $211,000 B) $52,000 C) $38,808 D) $263,000

Business

Organizational, departmental, sub unit, and individual objectives must:

a. work separately so that different ideas can be aired. b. fit together into coordinated effort. c. be different for upper management, middle management, and lower management. d. not be communicated to every department,thus causing confusion. e. not be in the planning stage of management.

Business

Roland filesa petition in bankruptcy. After all his assets have been sold and the proceeds distributed among his creditors, Roland's remaining debts

a. are discharged. b. will be paid by the court. c. must be paid by Roland. d. are put on hold until Roland has sufficient means to pay ths.

Business