Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
After you've calibrated the sprayer to know your application rate in gallons per acre, divide that number into the gallons applied with each tankful to find how many acres each tankful covers. Then, multiply the acres per tank by the herbicide needed per acre to find the herbicide to put in each tankful.
Mark me as brainliest please
Answer:
7/12
Step-by-step explanation:
The team won 7 out of all 12 games played
