Apple’s market capitalization in mid-2016 was $484 billion, and its beta was 1.03. At that same time, the company had $25 billion in cash and $69 billion in debt. Based on this data, estimate the beta of Apple’s underlying business enterprise.

Apple’s market capitalization in mid-2016 was $484 billion, and its beta was 1.03. At that same time, the company had $25 billion in cash and $69 billion in debt. Based on this data, estimate the beta of Apple’s underlying business enterprise.

Entrepreneurial Finance

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Risk management is the procedure of recognizing, analyzing, monitoring, and preventing the risks and threatening factors of investments and business. Risks can arise from various factors including internal controls, market changes, natural disasters, and failure in productions. Risk management techniques enable entities to control and minimize the risks as well as the threatening factors of the business and it also helps to improve the business.

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Apple’s market capitalization in mid-2016 was $484 billion, and its beta was 1.03. At that same time, the company had $25 billion in cash and $69 billion in debt.
Based on this data, estimate the beta of Apple’s underlying business enterprise.

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