Consider the single-index model. The alpha of a stock is 3.00%. The return on the market index is 12.00%. The risk-free rate of return is 5.50%. The stock earns a return that exceeds the risk-free rate by 6.50%, and there are no firm-specific events affecting the stock performance. What is the beta of the stock?

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:

25. kerry company plans to sell 200,000 units of finished product in july and anticipates a growth rate in sales of 5% per month. the desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. there are 150,000 finished units in inventory on june 30. kerry company's production requirement in units of finished product for the three-month period ending september 30 is: a. 712,025 units b. 630,500 units c. 664,000 units d. 665,720 units

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.