Answers
Answer:
The shares were bought at a price of $26.981
Explanation:
The price of the share be represented as "y "
Capital gain= ( y - 77.6)
Dividend = 2.92
Total return in dollar = ( y - 77.6)+ 2.92
total return in %= 15.84%
Return (%) = (( y -77.6)+ 2.92)/77.66= 15.84%
(( y -77.6)+ 2.92)/77.66= 0.1584
cross multiplying
(( y -77.6)+ 2.92)=77.66 × 0.1584
y -14.68 = 12.301344
Collecting like terms
y =26.98
The shares were bought at a price of $26.981
Related Questions
Consider the following information for stocks A, B, and C. The returns on the three stocks are positively correlated, but they are not perfectly correlated. (That is, each of the correlation coefficients is between 0 and 1.)
Stock Expected Return Standard Deviation Beta
A 8.60% 14% 0.8
B 9.95 14 1.1
C 11.75 14 1.5
Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 5%, and the market is in equilibrium. (That is, required returns equal expected returns.)
Required:
a. What is the market risk premium?
b. What is the beta of Fund P?
c. What is the required return of Fund P?
d. Would you expect the standard deviation of Fund P to be less than 15%, equal to 15% or greater than 15%? Explain.
Answers
Question attached
Answer and Explanation:
Find attached
Strong _______ skills influence hiring decisions and job performance, while at the same time promoting good relations in your personal life.
Answers
Project: Planning for Retirement
a retirement chart
There are many ways to save for retirement: putting money away into a treasure chest, purchasing gold nuggets, investing in real estate, or financial assets. The method that is right for you depends on your income as well as your personal preferences, such as risk tolerance. You can compare different methods and approximate your savings at retirement to help you determine the option that best suits your personal needs and preferences. It is a good idea to approximate the income you will need at retirement before you start investing. This is where retirement planning becomes important to consider. How much money do you think you would need to retire by age 67? Which investment options are the most profitable when saving for retirement?
In this project, you will explore how to construct a retirement plan and consider the various investment options that are financially beneficial as it pertains to retirement
OBJECTIVES
Construct a retirement plan given a yearly salary.
Compare investment options to determine the most financially beneficial option for a given situation.
Answers
To construct retirement plan, you can start by creating the retirement chart.
What is a retirement plan?A retirement plan is a financial strategy that helps individuals save and invest for their retirement years. This plan can be a combination of employer-sponsored plans like 401(k) or individual retirement accounts (IRAs). The main objective of a retirement plan is to accumulate enough funds to provide a regular income in retirement. Retirement plans typically involve contributing a portion of your earnings into an investment account that grows over time. The contributions can be tax-deductible, and the earnings grow tax-free until you start withdrawing the money in retirement. The plan may also have restrictions and penalties for early withdrawals. A well-designed retirement plan can help ensure a comfortable retirement with financial security, and it's essential to start saving and investing early to maximize the benefits of the plan.
To learn more about retirement plan, visit:
https://brainly.com/question/28091169
#SPJ1
1. Stockholders invest $90,000 cash to start the business.
2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5-year, 6% note for the remainder.
3. Purchased $5,500 paper supplies on credit.
4. Cash received for photocopy services amounted to $8,400.
5. Paid $500 cash for radio advertising.
6. Paid $800 on account for paper supplies purchased in transaction 3.
7. Dividends of $1,600 were paid to stockholders.
8. Paid $1,200 cash for rent for the current month.
9. Received $2,200 cash advance from a customer for future copying.
10. Billed a customer for $500 for photocopy services completed.
No. Account Titles and Descriptions Debit Credit
1.
2.
3.
4.
5.
Answers
Answer:
1. Stockholders invest $90,000 cash to start the business.
Dr Cash 90,000
Cr Common stock 90,000
2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5-year, 6% note for the remainder.
Dr Copy machines 400,000
Cr Cash 118,000*
Cr Notes payable 282,000
*Where did they get the extra cash from?
3. Purchased $5,500 paper supplies on credit.
Dr Supplies 5,500
Cr Accounts payable 5,500
4. Cash received for photocopy services amounted to $8,400.
Dr Cash 8,400
Cr Service revenue 8,400
5. Paid $500 cash for radio advertising.
Dr Advertising expense 500
Cr Cash 500
6. Paid $800 on account for paper supplies purchased in transaction 3.
Dr Accounts payable 800
Cr Cash 800
7. Dividends of $1,600 were paid to stockholders.
Dr Dividends 1,600
Cr Cash 1,600
8. Paid $1,200 cash for rent for the current month.
Dr Rent expense 1,200
Cr Cash 1,200
9. Received $2,200 cash advance from a customer for future copying.
Dr Cash 2,200
Cr Unearned service revenue 2,200
10. Billed a customer for $500 for photocopy services completed.
Dr Accounts receivable 500
Cr Service revenue 500
Jane's utility function is represented as: U equals F to the power of 0.5 end exponent C to the power of 0.5 end exponent, F is quantity of food and C is quantity of clothing. If her budget constraint is represented as: 120 = 2F + C, her optimal bundle of consumption should be
Answers
Answer:
Since F = 30 and C = 60, the optimal bundle of consumption is to consume 30 units of food and 60 units of clothing.
Explanation:
Maximize: \(U = F^{0.5} C^{0.5}\)
Subject to: 120 = 2F + C
Setting up the Langrangian function, we have:
\(U = F^{0.5} C^{0.5}\) + ∧(120 - 2F - C) .................... (1)
Where ∧ is used to represent lamda.
Obtain partial differentials of equation (1) with respect to F, C and ∧ as follows:
\(dU/dF = 0.5F^{-0.5} C^{0.5}\) - 2∧ = 0 .................. (2)
\(dU/dC = 0.5F^{0.5} C^{-0.5}\) - ∧ = 0.......................(3)
du/d∧= 120 - 2F - C = 0 ................................(4)
Divide equation (2) by (3) to eliminate ∧ and rearrange, we have:
C/F = 2
C = 2F ............................................................... (5)
Substitute C = 2F into equation (4), we have:
120 - 2F - 2F = 0
120 = 4F
F = 120/4
F = 30
Substitute F = 30 into equation (5), we have:
C = 2 * 30
C = 60
Since F = 30 and C = 60, the optimal bundle of consumption is to consume 30 units of food and 60 units of clothing. At this bundle, the consumer will maximize his utility.
Blake uses a Likert scale to interview customers after shopping at his store. One useful way to analyze this data would be to use
Answers
A Likert scale is also known as a satisfaction scale.
The scale is used to measure respondent attitude and opinion ranging from one extreme attitude to another, on a statement.Question asked are used to know to what extent do respondent agree or disagree with the statement.This scale is treated as Interval scale because its variables have an order.In conclusion, the best and useful way to analyze a Likert data would be through the use of central tendency item such as Modes, medians and Frequencies.
Learn more about Likert scale here
brainly.com/question/8886937
why does call of duty make so much games?????
Answers
Answer:
because they want money why else
s
t
u
p
i
d
Explanation:
100 POINTS HELP A business implements cost-cutting initiatives, but they are not yet complete. What should an accountant do?
A. Report them now
C. Ignore them
B. Estimate their value
D. Report them when complete
Answers
Answer:
is it too late
100 PIONTS PLZ Answer
Discuss how the marketing mix affects your daily life. How might you use what you know about marketing in your career?
Answers
So I’ll just explain what it is and see if it affects you
With the help of marketing, people become more informed about different opportunities and novelties. It helps us to figure out what and where we can buy something. Also, with marketing people gain the opportunity to choose from a huge variety of products. Almost everyone can decide what exactly he/she want to buy. Marketing communications can have a noticeable impact for people and Marketing affects all aspects of our life and has a great impact on consumer behavior.
Answer:
With the help of marketing, people become more informed about different opportunities and novelties. It helps us to figure out what and where we can buy something. Also, with marketing people gain the opportunity to choose from a huge variety of products. Almost everyone can decide what exactly he/she want to buy. Marketing communications can have a noticeable impact for people and Marketing affects all aspects of our life and has a great impact on consumer behavior.
Explanation:
Teacher gave me 100 for answer
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Answers
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
To learn more about the overhead rate here:
https://brainly.com/question/15187056
#SPJ1
If the average propensity to consume is 0.75, and the marginal propensity to consume is 0.70, if income rises by $4,000, consumption will increase by _____. (Remember when we use APC versus MPC. Use only one for this question).
Answers
Answer:
$2,800
Explanation:
The computation of the increase in consumption is shown below:
= Marginal propensity to consume × rise in income
= 0.70 × $4,000
= $2,800
Hence, the consumption would be increased by $2,800
We simply applied the above formula i.e. marginal propensity to consume is multiplied with the rise in income so that the correct answer could come
The amount of money in a savings account is an example of which of the following?
a. investment asset
b. liquid asset
c. long term asset
d. use asset
Please select the best answer from the choices provided
Correct answer is B.
Answers
Answer:
liquid asset is the correct answer is B
Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Answers
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
Learn more Comparative advantage at https://brainly.com/question/12291750
#SPJ1
Which of the following is a way the SEC protects investors?
A. Guaranteeing the value of certain stocks
B. Requiring companies to disclose financial information
C. Insuring the amounts of people's investments
Helping investors diversify their portfolios
D.
Answers
option" D" is the correct way that SEC protects investors, beacause The Commission seeks to descry implicit problems or issues in the securities requests beforehand and help violations of civil securitieslaws.However, the SEC cautions investors to possible wrongdoing and takes prompt action to halt and permission the misconduct, If violations do. And it proteced by TheU.S. Securities and Exchange Commission( SEC) has a three- part charge cover investors. Maintain fair, orderly, and effective requests. grease capitalformation.And the main responsiablity of SEC consists of five divisions and 23 services. 2 Their pretensions are to interpret and take enforcement conduct on securities laws, issue new rules, give oversight of securities institutions, and coordinate regulation among different situations of government. The main four funcitions of SEC is commanded to promulgate rules to grease and expedite, among others, commercial name reservation and enrollment , objectification, submission of reports, notices, documents needed under the Code, and sharing of material information with other government agencies.
To know more about following visit:
https://brainly.com/question/29784422
A business cycle can indicate that an economy is in a recession if:
A. the economy experiences growth in GDP but rising
unemployment
B. the economy has a shorter period of expansion than usual.
C the economy remains in a contraction for two quarters.
R the economy rapidly switches from a trough to a peak.
Answers
Answer:
C the economy remains in a contraction for two quarters.
Explanation:
A recession is a period characterized by a decline in the level of economic activities. A decrease in the GDP value indicates the slowing down of economic activities. Should be GDP value decline for two or more consecutive quarters, the economy is said to be in a recession. Slowing down or decline in economic activities is referred to as contraction.
During a recession, the level of unemployment rises, demand for goods and services reduces, and income levels also decline. Recessions usually last between six to eighteen months. A prolonged recession results in depression.
Answer: The economy remains in a contraction for two quarters
Explanation: taking test
The two most common types of accounts to manage your money are _________ and __________.
A. principal and savings accounts
B. online banking and checking accounts
C. checking and savings accounts
D. CD's and stocks
Answers
Answer:
c, checking and saving accounts
5. Identify and describe four skills people can develop to become successful in the workplace. Then,
give a brief example of how you've already been asked to practice this skill as part of a school
community or other kind of group. (4 points)
marking brainliest i need ASAP !
Answers
Developing workplace skills like communication, time management, problem-solving, and leadership skills can help individuals to become successful in the workplace by enabling them to work effectively with others, manage their time efficiently, solve problems, and lead and manage teams.
What are Workplace Skills?Four skills people can develop to become successful in the workplace are:
Communication skills: The ability to express ideas clearly and listen actively to others. Example: Regularly communicating with team members and actively listening to their feedback during a group project.Time management skills: The ability to prioritize tasks and allocate time efficiently. Example: Creating a schedule and prioritizing tasks to complete multiple assignments with different deadlines.Problem-solving skills: The ability to identify, analyze, and solve problems based on available data. Example: Identifying a team member's missed deadlines during a group project and coming up with a solution to address the problem.Leadership skills: The ability to motivate and guide team members to achieve common goals. Example: Taking on a leadership role in a school club and delegating tasks to other members to successfully organize an event.Learn more about workplace skill on:
https://brainly.com/question/29551737
#SPJ1
What is a class action suit?
OA. When a lawsuit is dismissed by a judge because the court does
not have proper jurisdiction
B. When a lawsuit involves not only one punishment, but an entire list
of consequences
C. When a group of consumers that suffer similar damages bring a
case against a business together
D. When an individual brings a lawsuit against all businesses in an
industry together
it’s c
Answers
A class action suit is a case, brought up by a group of consumers that suffer similar damages, against a business together. Hence, the correct answer will be an option(c).
Consumers, suffering a similar loss caused by a business, come forward and file a lawsuit together against the same business. This type of lawsuit is known as a class action suit. It is also known as Representative action. If the group wins the lawsuit, it will be compensated for the damages caused but if they lose the lawsuit, it will not receive any type of financial compensation.
To learn more about class action suits:
https://brainly.com/question/20814972?referrer=searchResults
The law of diminishing returns only applies in cases where:
Answers
Answer:
C) there is at least one fixed factor of production.
Multiple-choice options
A) there is increasing scarcity of factors of production.
B) the price of extra units of a factor is increasing.
C) there is at least one fixed factor of production.
D) capital is a variable input.
Explanation:
he law of diminishing marginal returns cites that adding extra input while maintaining the others fixed will cause the overall output to decrease . Adding one more production input while keeping the rest intact decreases the marginal returns and increases the average production cost.
The law only applies where there at least one fixed input. When the firm uses more of the variable input, the firm's marginal product will eventually decrease.
How long has Alice Spring Tow Truck been in operation, and what services do they offer?
Answers
Based on historical facts and the company's information, the Alice Spring Tow Truck has been in operation for more than 35 years, and they offer services like equipment relocation, freight transport, and vehicle recovery services.
What is Alice Spring Tow Truck?Alice Spring Tow Truck is an Australian transport and logistics company.
The company offers various logistics services around Australia and it is located in Central Australia for over 20 years.
Alice Spring Tow Truck is known to have been in operation for varying services such as:
relocation of heavy equipment freight transport vehicle recovery services. Towing of vehicle, etc.Also, Alice Spring Tow Truck operated majorly in places like
YularaTennant CreekMarlaUluruOther regions in Central AustraliaHence, in this case, it is concluded that Alice Spring Tow Truck is a logistics servicing company.
Learn more about Logistics services here: https://brainly.com/question/23177203
#SPJ1
What is one reason to connect to the same file several time?
Answers
Answer:
You want to make sure you have all the data. You want to separate data from the file to create lookup tables.
One reason to connect to the same file several time is that you want to separate data from from the file to create lookup tables.
What are lookup tables?"A lookup table is an array of data that maps input values to output values, thereby approximating a mathematical function. Given a set of input values, a lookup operation retrieves the corresponding output values from the table. If the lookup table does not explicitly define the input values, Simulink can estimate an output value using interpolation, extrapolation, or rounding, where: an interpolation is a process for estimating values that lie between known data points."
" An extrapolation is a process for estimating values that lie beyond the range of known data points. A rounding is a process for approximating a value by altering its digits according to a known rule. A lookup table block uses an array of data to map input values to output values, approximating a mathematical function. Given input values, Simulink performs a “lookup” operation to retrieve the corresponding output values from the table. If the lookup table does not define the input values, the block estimates the output values based on nearby table values."
What is data?"Data are individual facts, statistics, or items of information, often numeric. In a more technical sense, data are a set of values of qualitative or quantitative variables about one or more persons or objects, while a datum is a single value of a single variable."
To learn more about data here
https://brainly.com/question/13650923
#SPJ3
what standard describes uniform, enterprise-wide cabling systems, regardless of who manufactures or sells the various parts used in the system?
Answers
The standard that describes a uniform, enterprise-wide cabling system, regardless of who manufactures or sells the various parts used in the system, can be referred to as structured cabling, TIA/EIA-568.
What is structured cabling?Structured cabling refers to the building or campus cabling infrastructure that consists of several standardized smaller elements called subsystems. The cabling components include twisted pair and optical cabling, patch panels and patch cables. It is the design and installation of a cabling system that will support multiple hardware uses and be suitable for today's needs and those of the future.
Structured cabling consists of six subsystems.
Learn more about cabling, here:
https://brainly.com/question/20436557
#SPJ1
Which of the following best describes perfect communication
Answers:
a.
Perfect communication happens often.
b.
Perfect communication occurs when a transmitted thought or idea is received and understood exactly as it was envisioned by the sender.
c.
Perfect communication is more of a theoretical concept than reality.
d.
Both answer b and c describe perfect communication.
Answers
Answer:
B describes perfect communication. It is the most understandable.
Which approach is a positive way to deal with conflicts?
Answers
Answer:
trying to evaluate the situation from all diff perspectives
I need help with this question
Answers
Answer:
obstacles - provide a challenge
Advise businesses on the impact of continuous improvements to processes and systems as an element of TQM.
Answers
Total Quality Management (TQM) is a process that helps businesses to improve the quality of products and services they offer. The concept is based on continuous improvement of processes and systems. TQM involves creating a culture of quality in a company that drives improvements.
It can also help to increase the efficiency of processes and reduce waste.Advantages of continuous improvements to processes and systems as an element of TQM include the following:Increased efficiency of processesReduction in wasteEnhanced customer satisfaction Improved product qualityIncreased employee engagement and motivationIncreased profitabilityTQM requires a commitment from management to foster a culture of continuous improvement.
This means that they must be willing to invest time and resources into the process. Management should also provide training and resources to employees to support the implementation of TQM practices. Finally, management should be prepared to monitor progress and adjust the process as necessary to ensure continued success.
For more questions on: Total Quality Management
https://brainly.com/question/15190626
#SPJ8
Shane is a newly hired inventory manager at a manufacturing firm. What can he do to avoid shortages or excess quantity of inventory?
Answers
Answer:
take inventory on how much product he has and how much he needs
Explanation:
Answer:
Honestly not sure but I personally put "C. plan appropriate order cycles for the inventory"
Explanation:
Plato
Mention the importance of hotel management?
Answers
Swapna owns a small flower shop. Which is the best example of
O Sell flowers to individuals and businesses.
Bring a little joy into everyday life.
O Serve people in need of fresh flowers.
Encourage staff to work toward a single goal
Answers
A little flower business is owned by Swapna. This is the finest illustration of marketing flowers to both people and companies.
Small companies are often either service providers or retail establishments like pharmacies, grocery shops, and small manufacturing facilities.
The operation of a flower shop may be quite lucrative. You'll start to notice a lot more money in your bank account after you understand pricing, and realize the benefits of cost management, master marketing, and master sales.
Although the term "florist" can also refer to someone who produces flowers for cutting, it is most frequently used to refer to the owner or manager of a flower business. A florist is someone you should consult whether designing bouquets for a wedding or purchasing flowers for a sick friend.
To learn more about the flower business
https://brainly.com/question/1917380
#SPJ1
If a company's scope is too big what is likely to happen?
Answers
Answer:
The company will lose direction and focus.
Explanation: ;)