If the sales price per unit were to increase by 10%, variable expenses were to increase by 12.5%, and fixed expenses were to increase by 20%, what would be the new contribution margin per unit

Answers

Answer 1

Incomplete question. Missing part read;

Hart Company sold 5,000 units for a price of $50 per unit and had the following information:

Variable expenses: $160,000Fixed expenses: $125,000Breakeven sales point: $347,222

Answer:

$19

Explanation:

Using the contribution margin per unit represented as dollar value formula:

Unit Contribution Margin (CM)= Revenues per Unit -  minus the  Variable Expenses per Unit

where,

sales price per unit increase of 10%= $50+10% (\(\frac{10}{100}\)*50+$50) =$55.variable expenses increase by 12.5%= $160,000/5000= $32; $32+12.5% (\(\frac{12.5}{100}\)*32+$32)= $36.

CM = $55-$36= $19.


Related Questions

What account below is not an asset?
A. Capital Stock
B. Inventory
C. Cash
D. Accounts Receivable

Answers

Answer:

A. Capital Stock

Explanation:

Accounts are categorized following the accounting equation of assets are equal to equity plus liabilities. Asset accounts track and record the resources that a business owns or controls. Assets being the valuable items that a business uses to generate income or maintain operations.

Equity represents the owner's interest in the business. It comprises capital contributions and retained earnings. Capital stocks belong to equity accounts and not asset accounts.

Task 2: Writing a Cover Letter Prepare a cover letter to highlight your skills required for the job identified in the previous task. Apply the tips for writing cover letters that you learned in this course.

Answers

In a Job context, a cover Letter is important because its provides the hiring manager with further detail on how your skill set aligns with the role, what you can bring to the team and why you want the position.

How to write good cover letter:

A good cover letter for a job should be well-written and tailored to the specific job and company you are applying to. It should also be concise and to the point.

Here are some tips for writing a strong cover letter:

Address the letter to a specific person, if possible. This shows that you have done your research on the company.Start with a strong opening sentence that hooks the reader's attention and makes them want to read more.Explain why you are a good fit for the job, and how your skills and experiences make you a valuable asset to the company.Tailor your cover letter to the specific job you are applying for, by highlighting relevant experiences or skills.Use specific examples to illustrate your qualifications, and avoid generic language or cliches.End the letter with a call to action, such as asking for an interview or requesting that your resume be considered for the position.Proofread your cover letter multiple times before submitting, to ensure that it is error-free.Be sure to use a professional tone and format, and avoid using emoticons or text language.If you are applying online, make sure to save and submit the document in the correct format as per employer's instruction.

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We may request personal information when you register to receive additional information ________ our products and services.
A. regards
B. regarded
C. regarding
D. regarding to

Answers

Regarding because it makes sense

Answer:

D) Regarding to

Relevance has always been the challenge of the advertising industry. Summarize Kristi Roger's assessment of the advertising industry in her Ted Talk. Considering her hypothesis and results, what are some implications for marketing managers as they seek to improve the ROI of marketing expenditures on all forms of marketing communications

Answers

Answer:

Advertising is a paid sort of promotion utilized by organizations for product promotion, hence being of a vital usage and a significant part in organizations. The achievement of any firm is reliant on the correct sort of advertising channels utilized.  

Explanation:

In her Ted talk, it is clear Kristi Roger had conducted an extraordinary advertising analysis, in this way contending that relevance is a fundamental factor assuming an enormous part in advertising. She contends that the planned message of promotion should contact the perfect person at the perfect time. To guarantee this assertion is accomplished, an advertiser has the obligation to utilize the correct technology undeniably to make a pertinent directive for the correct crowd.  

In addition, marketing managers are obligated to recognize the significant challenges in the market. They ought to get updated changes occurring in the market to stay away from any significant impacts on the Return On Investment (ROI).  

To profit more from advertising, marketing managers should recruit the ideal person who is acceptable in quantitative skills rather than creative skills in light of the fact that the market analysis is of more significance than benefiting creative products into the market. A person with extraordinary quantitative skills can examine the market situations appropriately, henceforth s/he can dispose of a portion of the cycles that occur in computerized crusade improvement. To carry extraordinary outcomes to the organization, quantitative specialists guarantee important advertisements contact the perfect person at the perfect time.

yall have anything to cure depression? lmk pls ._.

Answers

Answer:

Anti-depressants :))))))))

they make u HIGH on happiness :DDDDDDDDDDDDDDDDDD

Answer:

Morningggggggg

Explanation:

Issuing Stock for Assets Other Than Cash On April 5, Fenning Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 30,000 shares of $80 par common stock valued at $112 per share. Journalize the entry to record the transaction. For a compound transaction, if an amount box does not require an entry, leave it blank.

Answers

Answer:

April 5

Dr Land 3,360,000

Cr Common stock 2,400,000

Cr Paid in capital in excess of par Common stock 960,000

Explanation:

Prepare of the journal entry to record the transaction.

April 5

Dr Land 3,360,000

(30,000 shares x $112)

Cr Common stock 2,400,000

(30,000 shares x $80)

Cr Paid in capital in excess of par Common stock 960,000

[30,000 shares x ($112-$80)]

(30,000 shares x $32)

How does cultural knowledge help a company achieve success?
A.
It helps a company gain points of parity.
B.
It helps a company interact with its competitors.
C.
It helps a company achieve points of difference.
D.
It helps a company interact with sponsors.
E.
It helps a company target its customers better.

Answers

Cultural knowledge can play a significant role in a company's success by helping it achieve points of difference in the marketplace. Understanding cultural norms, beliefs, and values can allow a company to create products and marketing campaigns that resonate with its target audience, leading to increased sales and customer loyalty.

For example, a company that understands the cultural significance of certain colors or symbols in a particular region can design products that are more appealing to local consumers. Additionally, cultural knowledge can help a company avoid missteps that may offend or alienate its target audience. By being culturally sensitive, a company can build a positive reputation and gain a competitive advantage over its rivals. Overall, cultural knowledge enables a company to tailor its offerings to the unique needs and preferences of its target market, leading to increased customer satisfaction and long-term success.

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Question - 4 (4-2003) An industrial product may be manufactured by two methods of production Using Method X, fixed costs are £5,500,000 per period and variable costs are £535 per unit of product. Using Method Y, fixed costs are £8,260,000 per period and variable costs are £420 per unit of product. (a) Calculate the level of output per period for which the total costs are the same for the two methods of production. Produced by Method X the product has unit costs during a period as follows: Components £275 Labour £180 Production overheads £85 Distribution expenses £120 The figures include variable costs and apportioned fixed costs. (b)Calculate the number of units produced in the period. (c) Compare the total costs of Methods X and Y at the level of output in (b) above.​

Answers

(a) To calculate the level of output per period for which the total costs are the same for the two methods of production, we can set the total costs of each method equal to each other and solve for output.

Code snippet
Total cost of Method X = Total cost of Method Y

(5,500,000 + 535x) = (8,260,000 + 420y)

535x = 8,260,000 - 5,500,000

535x = 2,760,000

x = 5,144
Therefore, the level of output per period for which the total costs are the same for the two methods of production is 5,144 units.

(b) The number of units produced in the period is given as 5,144 units.

(c) The total costs of Methods X and Y at the level of output in (b) above are as follows:

Code snippet
Method X:

Total cost = (5,500,000 + 535 * 5,144) = £29,078,440

Method Y:

Total cost = (8,260,000 + 420 * 5,144) = £34,055,680

As you can see, the total cost of Method X is lower than the total cost of Method Y at the level of output in (b) above. This is because Method X has lower variable costs than Method Y.

A Christmas promotion included a $2.5 mail-in rebate for the purchase of a 10-liter bottle of milk and a store coupon for $1.39 off a 5-liter bottle of vegetable oil. Jesse Gatling bought one 10-liter bottle of milk for $33.00 and a 5-liter bottle of vegetable oil for $26.89. Calculate his total cost if an envelope cost $0.10 and a stamp cost $0.28

Answers

His total cost if an envelope cost $0.10 and a stamp cost $0.28 is $56.38.

After the mail-in rebate, the price of the 10-liter bottle of milk is

\($33.00 - $2.50 = $30.50\)

After the store coupon, the price of the 5-liter bottle of vegetable oil is

\(26.89- 1.39= $25.50.\)

The two items cost Jesse a total of  \(($30.50 + $25.50)= $56.00.\)

If an envelope costs $0.10 and a stamp is $0.28,

The total cost of sending in the rebate is $0.10 + $0.28 = $0.38

The total cost if an envelope cost $0.10 and a stamp cost $0.28 is $56.38.

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Which is an example of a short-term investment?
Osavings bond
Osavings account
O retirement fund
checking account

Answers

B. savings account !!!!!!

B. In a time study, an analyst observed a worker who prepared hamburgers at the Blimpy Burger restaurant. The recorded average time for the worker to make a hamburger was 4 minutes. Using the Westinghouse performance rating system, the analyst wrote these codes: Skill C1, Effort E1, Conditions D, Consistency B. Assume the following time allowances: personal allowance 4%, fatigue allowance 3%, unavoidable equipment delays 5%. What is the standard time to prepare a hamburger at the Blimpy Burger restaurant

Answers

Answer:

4 minutes and 42 seconds is the standard time.

Explanation:

We observe 4 minutes

The employee has the following factors:

Good Skill(C1)  + 0.06

Fair Effort(E1) - 0.04

Average Conditions: 0.00

Excellent Consistency: +0.03

Sum: 0.05

The worker is 5% above average

The allowance will be:

4% personal + 3% fatigue + 5% equipment = 12%

4.00 minutes x (1.05) x (1.12) = 4.704

We convert that in second: 0.704 x 60 = 42 seconds

4 minutes and 42 seconds is the standard time.

1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.

Answers

1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.

This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.

In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

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A firm with a net income of $30,000 and weighted average actual shares outstanding of 15,000 for the year also had the following two securities outstanding the entire year: (1) 2,000 options to purchase one share of stock for $12 per share. The average share price during the year was $20, (2) cumulative convertible preferred stock with an annual dividend commitment of $4,500. Total common shares issued on conversion are 2,900. Compute diluted EPS for this firm.

Answers

Answer:

$1.68

Explanation:

Diluted EPS = Earnings Attributable to Potential Ordinary Shareholders ÷ Weighted Average Number Ordinary Shareholders plus Potential Voting Rights

where,

Earnings Attributable to Potential Ordinary Shareholders = $30,000

and

Weighted Average Number Ordinary Shareholders plus Potential Voting Rights

Weighted average actual shares outstanding    = 15,000

Plus Potential voting rights of 2,000 options      =          1

Plus Potential voting right of  preferred stock     = 2,900

Total                                                                        = 17,901

therefore,

Diluted EPS = $30,000 ÷ 17,901

                    = $1.68

Identify the two customer segmentation bases provided in the situation below.

The Grand Palace hotel has been in operation for over 10 years now. The hotel provides premium services to all its high-profile guests. The clients are extremely happy with the hotel services and quite a few of its guests have become regular visitors. This loyalty toward the hotel is an example of (A. Demographic Segmentation B. Geographic Segmentation C. Behavioral Segmentation) Ritzo is a famous branded watch manufacturing company. It produces separate sets of watches for men and women, keeping in mind their preferences. This kind of segmentation is an example of (A . Geographic Segmentation B. Psychographic Segmentation C. Demographic Segmentation)

Answers

The customer segmentation in the first scenario is demographic segmentations

The customer segmentation in the second scenario is psychographic segmentation.

What is customer segmentation?

Customer segmentation is the grouping of customers based on how and why they patronize or buy goods or services. Customers with similar taste, interest and characteristics are group together.

To conduct customer segmentation analysis, the following steps have to be taken.

Identify your customers. Divide customers into groups. Create customer personas. Articulate customer needs. Connect products and services to customers' needs. Evaluate and prioritize top segments. Develop specific marketing strategies. Evaluate the effectiveness of your strategies

If the following steps are taken, it will be easier to know how each customer is to be grouped.

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A borrower asks the notary Signing agent for the contact information for the closing agent and the lenders representative. The notary signing agent should respond by

Answers

Answer: a. Providing the borrower with the information for both contacts.  

Explanation:

There is no legal precedent that states that the Notary should not provide the borrower with information to the closing agent and the lender's representative so in this case the Notary should provide the borrower with the information on both contacts.

What are the potential benefits of using LED lights over conventional lights and what are the best brands to buy from?

Answers

The potential benefits of using LED lights over conventional lights include lower energy consumption, longer lifespan, and reduced maintenance costs. Some of the best brands to buy from include Philips, Cree, GE, and Feit Electric.

Answer:

LED lights can help you enhance your gaming or movie-watching setup, decorate your countertops, or just give any room in your home a new aesthetic. Led can also help with monthly expenses. They are eco friendly and consume less power

A very reliable and trusted brand, Philips can be found in most eco friendly homes.

Awasa industry is expected to play an annual dividend of 1.3 ashare next month.the market price of stock is $24.80 and the growth rate 3 percent. What is firms cost of equity?

Answers

Based on Awasa Industry's annual dividend, its market price and the growth rate, the firm's cost of equity can be found to be 8.24%.

How can the cost of equity be found?

To find the cost of equity when given the annual dividend, the stock price, and the growth rate, use the Gordon Growth Model which is:

Stock price = Next dividend / (Cost of equity - Growth rate)

Solving gives:

24.80 = 1.30 / (Cost - 3%)

Cost - 3% = 1.30 / 24.80

Cost = 1.30 / 24.80 + 3%

Cost of equity = 8.24%

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Select the correct answer
Which factor increases the risk of is project delays?
Options on picture

Select the correct answerWhich factor increases the risk of is project delays?Options on picture

Answers

Answer:

B. Shortage of technical staff

Explanation:

It's 100% not D. I took the test and got it wrong

Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.

a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?

Answer the following questions on the basis of the monopolist's situation is illustrated in the following

Answers

The following answers are based on a monopoly economy.

The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.

What is a monopoly?

A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.

To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.

At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.

For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,

Total Cost   = Equilibrium Output * ATC (Average Total Cost)

= 7.5 * 100

= $750

To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.

Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)

= $1000 - $ 750

= $250

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Answer for lab Plato
* Who is the teen entrepreneur? Young people the age of 13 to 18.
* What makes this business successful? Useful for the community, solves their problems.
* How did the teens prepare for entrepreneurship?looked for solutions for people, requirements to start a business, get financially help from family etc.
* Where did they get startup money? Selling s service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* What was the motivation for starting a business? To overall help their community.

Answers

The teen entrepreneur are young people the age of 13 to 18.

This business is successful because it is useful for the community, solves their problems.

What are the responses to other questions?

* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.

* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.

* The motivation for starting a business was too overall help their community.

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What are the 3 levels of access that can be granted to Team users of QuickBooks Online Accountant

Answers

Answer:

In QuickBooks Online Accountant, users with admin access and Firm Owners and have the authority to access of other users in the firm. The 3 levels of access that can be granted to Team users of QuickBooks Online Accountant are:

Full : these users have access to accounting features, and books such as edit, remove and add users.Basic : These users have access to create and read accounting.Custom: These users can access administrative functions for the firm , access to manage clients  and  access to client QuickBooks .

The three levels of access that can be granted to the team users of QuickBooks Online includes the Basic access, Full access and Custom access.

QuickBooks Online Accountant is an accounting based software which allows companies to controls all the financial side of their business

Only the users with administrator access and Firm Owners have the authority to access information on the accounting software.

The 3 levels of access granted to team users on the QuickBooks Online Accountant includes:

Basic access users: These are users who have access have access to create and read accounting information.Full access users: These are users who have access to accounting features such as edit, remove and add users as well as privilege enjoyed by basic access users. Custom access users: These are users who can access administrative functions for the firm.

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Zach buys a car for $18,900 with 5% interest over 5 years. What is true about this monthly payment loan?
Select the correct answer below:
Zach will pay $4,725 in interest on the loan.
Zach will pay $3,780 each year of his loan.
O Zach will pay $4,725 each year of his loan.
Zach will pay $2,500 in interest on this loan.

Answers

Answer:

Zach will pay $4,725 in interest on the loan.

Explanation:

In calculating interest the formula that applies is

I= P x R x T

where I = interest

P = principal amount

R = interest rate

T= time

In the case of Zach

I= $18,900 x 5/100 x 5

I = $18,900 x 0.05 x 5

I =$945 x 5

I =$4,725

Interest for the loan is $4,725

Answer: Zach will pay $2,500 in interest on this loan

Explanation: First, we must calculate Zach's monthly payment.

P=18900⋅ (0.05/12)

________________. = 356.67

1- ( 1 + 0.05/12) ^-60

If the monthly payments are $356.67, then the yearly payback is 356.67⋅12=$4280.04.

And, he will pay that each year for 5 years. So, 4280.04⋅5=$21,400.20 is the total payback amount.

Therefore, Zach will pay 21,400.20−18,900=$2500.20 in interest over the life of the loan.

Which is an example of a high-risk investment?

Answers

Answer: house loans

Explanation:

The examples of high-risk investments include: Stock and mutual fund. The correct option is A and E.

High-risk investments refer to financial ventures or assets that have a higher potential for significant losses or volatility compared to more conservative investment options. These types of investments typically offer the possibility of higher returns, but they also carry a greater degree of uncertainty and a heightened chance of losing money.

High-risk investments tend to experience substantial price fluctuations over short periods. This volatility can result from various factors such as market conditions, economic events, or the specific nature of the investment.

Thus, the ideal selection is option A and E.

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The complete question might be:

Which are examples of high-risk investments? Check all that apply.

A. stock

B. bond

C. CD

D. 401(k)

E. mutual fund

define equity in accounting

Answers

Equity is equivalent to total assets minus entire liabilities. All of these figures can be found in the balance sheet of a business. The worth of a homeowner's home less any outstanding debt or liabilities would be their equity.

What is meant by accounting?

The practice of recording a business's financial transactions is known as accounting. As part of the accounting process, these transactions are collated, reviewed, and reported to oversight agencies, regulatory authorities, and tax collection agencies.

Accounting for businesses, the public sector, governmental agencies, forensic investigations, etc are types of accounting.

Thus, Equity is equivalent to total assets minus entire liabilities.

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ATM stands for automatic time machine right?

Answers

ATM stands for automated teller machine or in text it can mean At The Moment

Hope this helped you, have a good day bro cya)

Answer:

No i don't  think so I think it means -automated teller machine

Explanation: Hope that helps but that is what I think it means

What was your largest contributor from indoor water? Why?

I need description

Answers

Estimates vary, but, on average, each person uses about 80-100 gallons of water per day, for indoor home uses. Are you surprised that the largest use of household water is to flush the toilet, and after that, to take showers and baths?

Egan is very skilled at budgeting his money, he is very patient, he understands how to track his own financial records, and he keeps calm and collected during stressful occasions. In which Finance career would Egan be most successful?

Business Finance Management

Financial Investment Planning

Insurance Services

Banking and Related Services

Answers

Answer:

Business Finance Management

Explanation:

Business Finance Management is the best fit for this because of requires a lot of skill in planning and budgeting money.

Answer:

A)   Business Finance Management

Explanation:

just took the test


QUESTION 3 of 10: You worked the following hours this week: Monday 8 AM to 5 PM, Tuesday 9 AM to 3 PM, Thursday 8:30 AM to 2:15 PM. You get a 30-minute unpaid lunch break every work day. How many hours will you be paid for this week?

Answers

Answer:

19 hours

Explanation:

8 and a half

5 and a half

5 and 15

how to choose the answer .

how to choose the answer .

Answers

The answer is B. Just trust me

Answer:

the answer is b

Explanation:

Which is an advantage of functional organizational structure?
A.
better project focus
B.
faster response in decision making
C.
team members develop strong project loyalty and commitment with one reporting manager
D.
clear line of authority for each division in the organization

Answers

Team members develop strong project loyalty and commitment with reporting manager

Answer:

its c

Explanation:

i got it right

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CAREFUL WITH THE SIGNS!What is the approximate value of S for binding of NAG3 to HEW at 27C?H = -50 kJ/mol, G = -30 kJ/mol.-200 J/K-67 J/K67 J/K200 J/K Find the missing variable!! Will mark brainliest!!THANK YOU! Which region in Georgia has the highest average temperatures?PiedmontMountainValleyCoastal Plain One safe investment pays 10% per year, and a more risky investment pays 18% per year. A woman who has $139,900 to invest would like to have an income of $18,950 per year from her investments. How much should she invest at each rate M A proton moves at 4.50 10 m/s in the horizontal direction. It enters a uniform vertical electric field with a magnitude of 9.60 10 N/C . Ignoring any gravitational effects, find (a) the time interval required for the proton to travel 5.00 cm horizontally, A psychologist purchases an electroencephalograph (eeg) for use in his research the psychologist is interested in measuring:_______. remote shopping and banking apps and the placement of frequently purchased items near the front of a store are all strategies businesses use for the purpose of . multiple choice question. increasing interactions with their customers measuring the attitudes of their customers saving their customers' time 1 If you invest $1,000 into a savings account at an annual interest rate of 6% (APR), compounded semi-annually, how much will you have in the savings account after 8 years?Enter your response below (rounded to 2 decimal places). For what values of the constants a, b and does the system of equations .+ 2y + 3r- have a solution? For these values of a, b and find the solution(s) in terms of a and 6. How many solutions have you found? Write a poem that teaches the concepts of plant classification Without computing, determine whichnumber is greater, [(-4)415 or -[(42)].Explain your reasoning. Prove by C/D formula that cos A + cos 2A + cos 5A = cos 2A (1 + 2 cos 3A) Question 4 of 10Simplify this algebraic expression completely.10y-3(y+5)O A. Ty-5B. 7y-15C. 7y+5D. 7y+ 2SUSE An ideal transformer supplies 134 kw of power to a 120 v circuit. if the input voltage is 14500 v, what is the input current? do you agree or disagree with the following statement given the discussion in this chapter? why? we can calculate future cash flows precisely and obtain an exact value for the npv of an investment. 5 events that helped Napoleon become the ruler of France When experiences change the way we think, it is referred to as ______. Multiple choice question. selecting learning experience buying Why was New Mexico important to the Spaniards? a. New Mexico provided water to the southern neighbors. b. New Mexico was a defensive buffer between New Spain and other explorers. c. New Mexico produced crops and goods desired in Mexico. d. New Mexico was important because the friars had mined so much gold. Suppose that CAPM holds, the risk-free rate is 2% and the expected return on the market portfolio is 12%. What is the beta of a stock that has an expected return of 29%? Which of the following is a carbon sink in the desert?cactisnakesplanktoninsects