Question: Q: Consider the given balance sheet, perform percentage change analysis for the following items. Total asset Balance sheet Dec-11 Dec-10 Asset Cash $ 4500 $
Q: Consider the given balance sheet, perform percentage change analysis for the following items.
Total asset
| Balance sheet | |||
|
| Dec-11 |
| Dec-10 |
| Asset |
|
|
|
| Cash | $ 4500 |
| $ 4000 |
| Marketable securities | 2500 |
| 2000 |
| Accounts receivable | 6800 |
| 7200 |
| Inventories | 7500 |
| 8000 |
| total current asset | 21300 |
| 21200 |
| Land | 11000 |
| 12000 |
| Equipment | 24000 |
| 20500 |
| Accumulated depreciation equipment | -3800 |
| -3000 |
| Building | 70000 |
| 70000 |
| Accumulated depreciation building | -14000 |
| -12000 |
| total asset | 108500 |
| 108700 |
| Liabilities and stock holder equity |
|
|
|
| accounts payable | 7800 |
| 7000 |
| wages payable | 1050 |
| 1000 |
| taxes payable | 500 |
| 1500 |
| total current liabilities | 9350 |
| 9500 |
| bonds payable | 30000 |
| 30000 |
| common stock $10 par | 32000 |
| 30000 |
| additional paid in capital | 21000 |
| 19200 |
| retained earning | 16150 |
| 20000 |
| total Liabilities and stock holder equity | 108500 |
| 108700 |
The following table shows betas for several companies.
| Company | Beta |
| Company 1 | 0.82 |
| Company 2 | 1.45 |
| Company 3 | 0.92 |
| Company 4 | 0.69 |
| Company 5 | 1.73 |
| Company 6 | 1.78 |
| Company 7 | 0.71 |
| Company 8 | 0.61 |
| Company 9 | 0.63 |
| Company 10 | 2.27 |
You have equal investment in all stocks. What would be your portfolio beta?
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