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ira [324]
3 years ago
11

You purchased Butterfly Wing Corp. stock exactly one year ago at a price of $77.66 per share. Over the past year, the stock paid

dividends of $2.92 per share. Today, you sold your stock and earned a total return of 15.84 percent. What was the price at which you sold the stock
Business
1 answer:
Ira Lisetskai [31]3 years ago
6 0

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

<em>cross multiplying</em>

(( y -77.6)+ 2.92)=77.66 × 0.1584

y -14.68 = 12.301344

<em>Collecting like terms</em>

y =26.98

The shares were  bought at a price of  $26.981

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Answer:

contractual vertical marketing system

Explanation:

In the supply chain management system there is this Contractual Vertical Marketing System under which there is this vertical relationship of marketing in between two positions of the supply chain.

Here also the Walmart is the one which shall supply goods at the last to consumers and that the company P&G shall supply goods to Walmart. This is the chain. Now this is a vertical chain, as from producer to seller to consumer.

And since it is a marketing chain with contractual clauses which include all the penalties also.

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3 years ago
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Prepare the issuer's journal entry for each of the following separate transactions. On March 1, Atlantic Co. issues 44,500 share
steposvetlana [31]

Answer and Explanation:

The journal entries are shown below;

On March 1

Cash A/c $303,500

     To Common Stock $3 Par value (44,500 × $3) $133,500

       To Paid in capital in excess of par value $170,000

(Being the common stock issued is recorded)

On April 1

Cash $74,000

      To Common Stock, no par value $74,000

(Being the common stock issued is recorded)

On April 6

Inventory $43,000

Machinery $155,000

 To Common Stock (2,400 ×$20) $48,000

 To Notes payable $93,000

  To Paid in capital in excess of par value $57,000

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3 years ago
The J-curve effect that results from currency depreciation results is due to Group of answer choices exports and imports being t
11Alexandr11 [23.1K]

Answer:

the value of imports increasing by more than the value of exports at the time of devaluation.

Explanation:

J-curve effect means the starting depreciation effect based on the balance of trade that should be negative also when the imports and the exports adjusted on the long run with respect to the changes made in the prices so the net effect should be positive

So as per the given situation, the above should be the answer

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3 years ago
kentucky licensee giana manages three star realty’s main office. she’s in charge of training and mentoring the firm’s staff. wha
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Giana who is in charge of training and mentoring the firm’s staff is a:

  • Principal Broker

<h3>Who is a Principal Broker?</h3>

A principal broker is found in many real estate offices. The role of these brokers is to ensure that all the staff and their methods of engagement are in agreement with the proscribed laws of the nation and state.

Since Giana has to train and mentor the firm's staff to conform to agreed standards, she can be referred to as a Principal Broker.

Learn more about Principal Brokers here:

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1 year ago
Food production facilities like the three Graeter's factories must comply with strict regulations to ensure purity and safety. W
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The types of teams that Graeter might use in these facilities include a food quality team, a production team, and a logistics team.

<h3>What are the most important processes of food production?</h3>

The most important processes of food production include quality controls, which are fundamental to ensure safe foods, and also teams associated with the production, which ensure a suitable production to obtain benefits.

Moreover, the logistic team is also fundamental in food production because it ensures the correct movement of packaged food to the final destination.

In conclusion, the types of teams that Graeter might use in these facilities include a food quality team to control the quality of foods, a production team to ensure the required amount of food products on a daily basis, and a logistics team to ensure the transport of foods to corresponding market centers

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