You Own a $46 000 Portfolio Comprised of Four Stocks

question 19

Multiple Choice

You own a $46 000 portfolio comprised of four stocks.The values of stocks A,B,and C are $5600,$16 700,and $11 400,respectively.What is the portfolio weight of stock D?

• A)30.33 per cent
• B)32.58 per cent
• C)32.10 per cent
• D)26.74 per cent
• E)28.39 per cent

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services delivered on credit.

Credit Sales

Sales made by a business where payment is delayed as per agreement, acknowledging the goods are sold on credit.

Selling Price

The amount of money for which a product or service is sold, determined by factors such as cost, market demand, and competition.

Raw Materials Inventory

The total cost of all components and materials stored and awaiting use in the production process, forming a significant part of a manufacturing company's current assets.