There are two independent economic factors, M1 and M2. The risk-free rate is 5%, and all stocks have independent firm-specific components with a standard deviation of 25%. Portfolios A and B are well diversified. Portfolios A and B are both well diversified.

Portfolio Beta on M1 Beta on M2 Expected Return (%)
A 1.6 2.2 37
B 2.1 -0.6 15

What is the expected return–beta relationship in this economy?

An inventory count shows that teaching supplies costing $3,464 are available at year-end 2017.

In a typical scenario planning exercise,: a. managers do a "postmortem" to understand what went wrong with a strategy. b. corporate-level managers set targets for functional-level managers. c. managers entirely depend on employee feedback. d. managers try to come up with alternative plans after a business model has failed. e. managers formulate plans that are based on "what-if" scenarios that are about the fut

Here is some basic data for delta manufacturing: cost of materials purchases on account $ 77,000 cost of materials requisitioned (includes $2,000 of indirect) 45,000 direct labor costs incurred 80,000 manufacturing overhead costs incurred, including indirect materials 98,000 cost of goods completed 276,600 cost of goods sold 149,000 beginning raw materials inventory 19,000 beginning work in process inventory 35,000 beginning finished goods inventory 25,000 predetermined manufacturing overhead rate (as % of direct labor cost) 120% the journal entry to record actual manufacturing overhead costs includes a