Alejandro Scoobertini Owns a Store Specializing in Soccer Jerseys

question 55

Multiple Choice

Alejandro Scoobertini owns a store specializing in soccer jerseys.In 2012,he purchased $150,000 worth of jerseys from manufacturers,employed one worker for $40,000,purchased $20,000 worth of supplies from an office supply store,and sold jerseys for $280,000.Based on this information,what was the value added at Alejandro's store in 2012?

• A) $70,000.
• B) $110,000.
• C) $280,000.
• D) $490,000.

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Definitions:

Beta

A measure of a stock's volatility in relation to the overall market; used in the capital asset pricing model.

Equity

The amount of ownership an investor has in an asset or company, typically represented by shares.

Divisions

Subsets within a company that focus on specific operational areas or markets.

Market Portfolio

A theoretical bundle of all possible investments, with each asset weighted by its market capitalization, representing the entire stock market.