1. Uptown Men's Wear has accounts payable of $2214, inventory of $7950, cash if $1263, fixed assets of $8400, accounts receivable of $3907, and long term debt of $4,200. What is the value of the net working capital to total assets ratio?
2. An individual has $35,000 invested in a stock with a beta of 0.3 and another $80,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.