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Likurg_2 [28]
2 years ago
10

Sally bought 200 shares of stock in a clothing manufacturer 4 years ago. She paid $23.45 per share. She just sold all of her sha

res for $34.60 per share. What was her percentage gain
Business
1 answer:
m_a_m_a [10]2 years ago
3 0

The percentage gain earned by Sally from the sales of the shares is  47.55%.

<h3>What is the percentage gain?</h3>

The percentage gain is the excess of the selling price over the cost price of the stock of shares/.

Percentage gain = (selling price - cost price) / cost price

(34.60 - 23.45) / 23.45 = 47.55%

To learn more about percentages, please check: brainly.com/question/25764815

#SPJ1

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g rporation's budgeted sales for February are $334,000. Webster pays sales representatives a commission of 6% of sales dollars.
UNO [17]

Answer:

$28,240

Explanation:

Total sales = $334,000

Variable cost:

Sales commissions = $334,000 × 6%

                                = $20,040

Total fixed costs = Sales manager's salary + Advertising expenses

                            = $5,300 + $2,900

                            = $8,200

Total selling expenses = Total variable cost + Total fixed cost

                                      = $20,040 + $8,200

                                      = $28,240

Therefore, the total selling expenses to be reported on the selling expense budget for the month of February is $28,240.

5 0
3 years ago
Multi-item indexes are unable to account for dual sources of status (both men and women) in american households because they?
Goshia [24]

These consider many variables simultaneously and weight these according to a scheme that mirrors societal perceptions. It is a rating scale made up of several items, each of which is a separate question or statement that must be evaluated. Subjects will be able to explain their feelings about many aspects of their professions using a multi-item measure.

This will considerably increase the measure's precision and validity. As a result, multi-item measures are among the most essential and widely utilized tools in social research. Multiple-item scales are intended to sample a broader range of interpretations in order to capture the entire spectrum of a construct.

To learn more about  multi-item, click here.

brainly.com/question/14407306

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7 0
1 year ago
Assume again that the cost of capital is 7 percent and the effective tax rate is 40 percent. How would the payback, internal rat
vfiekz [6]

Answer:

If the effective tax rate increases then the net savings coming from investments will get lowered as a result the investment will have higher payback period (The increase in effective tax rate would lower demand of the product which means there is decline in net saving arising from the sale of the product). Likewise this decrease in annual net savings will also decrease the internal rate of return which shows that their are increased chances of project rejections. The NPV method is based on cash flows and relevant costing just like IRR and payback method but the only difference is that it assumes that the cash earned would be reinvested at cost of capital. The NPV will also decrease due to increased effective tax rate.

4 0
3 years ago
Justin hires Miguel to sell his baseball glove for $560. As part of their contract, Justin will pay him $100 to conduct the sale
Nonamiya [84]

Answer: Factee

Explanation:

This is a factorage transaction in which Justin will pay Miguel to act as an intermediary who will sell the baseball glove and receive a commission. That commission is known as a Factorage.

In a Factorage transaction, the intermediary being paid to sell the product is considered to be the Factor and the person who will pay for the product to be sold is the Factee. Justin in this scenario is paying for the baseball glove to be sold and so is the Factee.

3 0
3 years ago
A person borrows ​$150 that he must repay in a lump sum no more than 8 years from now. The interest rate is 9.9​% annually compo
SashulF [63]

Answer:

a. $181.17

b. $218.82

c. $319.21

Explanation:

If the borrower repays the loan after 2 ​year

PV = $150

n = 2

r =  9.9​%

P/yr = 1

Pmt = $0

FV = ?

Using a financial calculator, FV = $181.1702

The amount that will be due if the borrower repays the loan after 2 ​year is $181.17.

If the borrower repays the loan after 4 ​years

PV = $150

n = 4

r =  9.9​%

P/yr = 1

Pmt = $0

FV = ?

Using a financial calculator, FV = $218.8175

The amount that will be due if the borrower repays the loan after 2 ​year is $218.82.

If the borrower repays the loan after 8 ​years

PV = $150

n = 8

r =  9.9​%

P/yr = 1

Pmt = $0

FV = ?

Using a financial calculator, FV = $319.2073

The amount that will be due if the borrower repays the loan after 2 ​year is $319.21.

4 0
2 years ago
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