At the end of the financial year, A & Z Travel has earned $90,000 in total sales for tours. It offered 5% a discount of total sales. All the expenses reported as: cost of goods sold of $50,000; salary & other expenses of $20,000. The company had to pay for its debts at 10% of interest rate. Tax is 20% 7. What is A & Z Travel’s net sales?
A. $90,000
B. $85,000
C. $85,500
D. $80,000
8. What is A & Z Travel’s EBIT?
A. $10,500
B. $20,000
C. $40,000
D. $35,500
9. What is A & Z Travel’s net income?
A. $7,560
B. $9,450
C. $10,500

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.