Business, 28.02.2020 21:38 lakiyalundy57
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue $ 84,000 Postage expense 1,950 Legal fees expense 2,850 Rent expense 11,500 Salaries expense 33,000 Supplies expense 19,000 In addition, the balance of common stock at the beginning of the year was $650,000, and the balance of retained earnings was $50,000. During the year, the company issued additional shares of common stock for $34,000 and paid dividends of $28,000. Required: 1. Prepare an income statement.
Answers: 3
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You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.
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On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service...
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