Character traits can help drive your success. When you have passion, perseverance, and integrity you have a better chance at being successful with something you are truly passionate about. It's best to stay focused and work as hard as you can to accomplish your goals. If you are able to manage your time and stay focused you will likely succeed.
The statement, "Common stock is a vehicle for selling ownership and another way to raise money for operations, expansion, or other business needs" is true.
<u>Explanation:</u>
Common stock is a distribution tool and a way to raise capital for investment, business growth or other company needs.
Common stock is a kind of company holding, a type of safety. In many other regions of the world, the terms polling share and prevalent share are frequently were using.
The "common stock" is used mainly in the USA. These are classified as shareholdings or common shares in the United Kingdom and other Commonwealth.
It means that one common stock share constitutes percentage equity of a corporation. In certain words, this is a way to split the assets of a corporation.
For example, if 100 shares were taken out, one share would amount to one percent of the company's intellectual property.
The calculation of portfolio beta is done by simply multiplying the percentage of each portfolio with each beta and summing up all the products afterwards.
For intel:
= ($20,000/$50,000)(1.3) = <em>0.52</em>
For GE:
= ($12,000/$50,000)(1) = <em>0.24</em>
For Con Edison:
Portfolio of Con Edison = $50,000 - ($20,000 + $12,000) = <em>$18,000</em>
= ($18,000/$50,000)(0.8) = <em>0.288
</em><em />The portfolio beta is:
<em> </em><em />PB = 0.52 + 0.24 + 0.288 = 1.048
<em>ANSWER: 1.048</em>
