In the CAPM, a stock has a beta coefficient of 0.5. The average returns to all stocks in the market is 8%. If the interest rate on three-month T-bills is at around 3 percent, what is the expected return to this stock? Assume that unsystematic risk is zero.
A. 2.5 percent
B. 3.5 percent
C. 5.5 percent
D. 7.0 percent
Answer: C
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Sports, Inc, plans to sell season football tickets for the 10 games played from September through November. These tickets sell for $5 each at the gate or for $45 per season package purchased before April 30 . On April 30, the office reports that it has sold 200 season ticket packages and has only 50 left. The correct entry to record the sale of the season tickets is
a. debit Cash and credit Unearned Revenue for $9,000. b. debit Cash and credit Revenue for $11,250. c. debit Unearned Revenue and credit Revenue for $9,000. d. to determine cost of goods sold.
Services such as Nielsen Media Research that validate audience data are a type of
A) tax accounting firm. B) quasi-governmental agency. C) advertising agency. D) public relations agency. E) audit bureau.
The bank reconciliation is an important part of the system of internal controls
Indicate whether the statement is true or false
The stage of the new-product process that positions and launches a new product in full-scale production and sales is referred to as ________.
A. commercialization B. launch C. marketing program execution D. final distribution E. disbursement