Innovative Tech, Inc.'s (ITI) annual stock returns for the last
five years are: -6%, 49%, 12%,...
Innovative Tech, Inc.'s (ITI) annual stock returns for the last
five years are: -6%, 49%, 12%, -3%, and 45%. The S&P 500
Index's annual returns for the last five years are: -5%, 22%, 12%,
2%, and 14%. What is ITI's beta coefficient?
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Deep Value, Inc.’s annual stock returns for the last ten years
are: –5%, 15%, 11%, 18%, –8%, 9%, 16%, –3%, 3%, and 35%. The Market
Index’s annual returns for the same ten years are: 10%, 22%, 9%,
13%, –7%, 8%, 15%, –13%, –12%, and 18%. What is Deep Value’s beta
coefficient? Enter your answer rounded to two decimal places. For
example, if your answer is 12.345 then enter as 12.35 in the answer
box.
Deep Value, Inc.’s annual stock returns for the last ten years
are: –5%, 15%, 11%, 18%, –8%, 9%, 16%, –3%, –2%, and 5%. The Market
Index’s annual returns for the same ten years are: 10%, 22%, 9%,
13%, –7%, 8%, 15%, –13%, –12%, and 18%. What is Deep Value’s beta
coefficient? Enter your answer rounded to two decimal places. For
example, if your answer is 12.345 then enter as 12.35 in the answer
box.
Deep Value, Inc.’s annual stock returns for the last ten years
are: –5%, 15%, 11%, 18%, –8%, 9%, 16%, –3%, –2%, and 15%. The
Market Index’s annual returns for the same ten years are: 10%, 22%,
9%, 13%, –7%, 8%, 15%, –13%, –12%, and 18%. What is Deep Value’s
beta coefficient?
Deep Value, Inc.’s annual stock returns for the last ten years
are: –5%, 15%, 11%, 18%, –8%, 9%, 16%, –3%, –2%, and 45%. The
Market Index’s annual returns for the same ten years are: 10%, 22%,
9%, 13%, –7%, 8%, 15%, –13%, –12%, and 18%. What is Deep Value’s
beta coefficient? Enter your answer rounded to two decimal places.
For example, if your answer is 12.345 then enter as 12.35 in the
answer box.
Deep Value, Inc.’s annual stock returns for the last ten years
are: –5%, 15%, 11%, 18%, –8%, 9%, 16%, –3%, –2%, and 25%. The
Market Index’s annual returns for the same ten years are: 10%, 22%,
9%, 13%, –7%, 8%, 15%, –13%, –12%, and 18%. What is Deep Value’s
beta coefficient?
Innovative Tech Inc. (ITI) has been using the percentage of
credit sales method to estimate bad debts. During November, ITI
sold services on account for $110,000 and estimated that 1/4 of 1
percent of those sales would be uncollectible. Required: Prepare
the November adjusting entry for bad debts. Starting in December,
ITI switched to using the aging method. At its December 31
year-end, total Accounts Receivable is $94,400, aged as
follows:
(1) 1–30 days old, $79,000;
(2) 31–90 days old,...
Innovative Tech Inc. (ITI) has been using the percentage of
credit sales method to estimate bad debts. During November, ITI
sold services on account for $100,000 and estimated that ½ of 1
percent of those sales would be uncollectible. Required: Prepare
the November adjusting entry for bad debts. Starting in December,
ITI switched to using the aging method. At its December 31
year-end, total Accounts Receivable is $89,000, aged as follows:
(1) 1–30 days old, $75,000; (2) 31–90 days old,...
Innovative Tech Inc. (ITI) has been using the percentage of
credit sales method to estimate bad debts. During November, ITI
sold services on account for $120,000 and estimated that 1/4 of 1
percent of those sales would be uncollectible.
Required:
Prepare the November adjusting entry for bad debts.
Starting in December, ITI switched to using the aging method. At
its December 31 year-end, total Accounts Receivable is $97,700,
aged as follows: (1) 1–30 days old, $82,000; (2) 31–90 days old,...
Returns for a firm’s stock and the S&P 500 index for the
last four years are given in the table below. Estimate the firm’s
equity beta coefficient. Please show work.
First row is individual stock returns
second row is SP500 returns
Y1
Y2
Y3
Y4
-.01
.25
.18
.14
.03
.17
.12
.08
You’ve observed the
following returns on SkyNet Data Corporation’s stock over the past
five years: 12 percent, –9 percent, 20 percent, 17 percent, and 10
percent.
a.
What was the
arithmetic average return on the company's stock over this
five-year period? (Do not round intermediate calculations
and enter your answer as a percent rounded to 1 decimal place,
e.g., 32.1.)
b-1.
What was the variance
of the company's returns over this period? (Do not round
intermediate calculations and round your...