Beneath some environmental conditions the halophile Halobacterium halobium synthesizes a membrane protein (MW 26,000) bacteriorhodopsin, which is purple as it comprises retinal. Molecules of this protein aggregate into purple. Patches in the cell membrane. Bacteriorhodopsin acts as a light activated…
Assume the economy consisted of three types of people. 50% are fad followers, 45% are passive investors (they have read this book and so hold the market portfolio), and 5% are informed traders. The portfolio consisting of all the informed…
Stock E(R) Standard Deviation Correlation between the stock and the market portfolio A 13% 12% 0.9 B 11% 16% 0.5 C 16% 23% 0.3 Standard Deviation for the market portfolio: 8% Risk free rate of return: 3% Market rate of…
Alpha’s preferred stock currently has a market price equal to $80 per share. If the dividend paid on this stock is $6 per share, what is the required rate of return investors are demanding from Alpha’s preferred stock?
Assume that you are working for a biotechnology company in the “New Plant Products” division. You wander to the greenhouse and come across a recently harvested bag of soybeans which are colored neon blue. There are presently 5 soybean plants…
Landmark Coal operates a mine. During July, the company obtained 500 tons of ore, which yielded 250 pounds of gold and 62,500 pounds of copper. The joint cost related to the operation was $500,000. Gold sells for $325 per ounce…
Mark Corporation estimates its manufacturing overhead to be $90,000 and its direct labor costs to be $200,000 for year 1. The actual direct labor costs were $50,000 for Job 301, $75,000 for Job 302, and $100,000 for Job 303 during…
Seafood company purchase lobsters and processes them into tails and flakes. It sells the lobster tails for $21 per pound and the flakes for $14 per pound. On average, 100 ponds of lobster are processed into 52 pounds of tails…
Which of the following is not a cost system proposed as an extension to ABC systems, with the overall goal of more accurately allocating manufacturing overhead costs to outputs? a) Resource consumption accounting (RCA). b) Flexible standard costing. c) GPK…
Recognize and describe one kind of alternative energy source for automobiles. Be sure and point out where this technology is at in terms of being a viable alternative to fossil fuels. Do not use ethanol or solar energy.
