Which of the following statements about beta is correct? Question 1 options: A portfolio that contains 100 high-beta stocks will not be riskier than a portfolio containing 100 low-beta stocks. A stock's standard deviation of returns is a measure of the stock's stand-alone risk, while its beta measures its unsystematic risk. If the returns on a stock vary widely, then its standard deviation is large, and as a result, the stock will also have a high beta coefficient. A stock that is perfectly positively correlated with the market cannot have a beta coefficient equal to 1.0.

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.