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irina [24]
3 years ago
7

What is the change due if a $5 bill is tendered for a charge of $4.21?

Business
1 answer:
never [62]3 years ago
3 0
What is the change due if a $5 bill is tendered for a charge of $4.21?

A.0.79

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Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later, she sold the stock for $140 a share. She
Archy [21]

Answer:

Return on investment =  -0.71%

Explanation:

<em>The return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment.  </em>

<em>Dividend is the proportion of the profit made by a company which is paid to shareholders.  </em>

<em>Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal</em>.  

Therefore, we can can compute the return on the investment as follows:  

Total  Return on investment =  

(Capital gain/ loss + dividend )/purchase price × 100  

Capital loss = (184 -140) × 120 = - 480

Dividend = 427

Commission = 34 + 39 =-73

Net loss on investment = - 480 - 73 + 427= -126

Return on investment = -126 /(148× 120) = -0.71%

Return on investment =  -0.71%

5 0
3 years ago
Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
PIT_PIT [208]

Answer:

The correct answer is option (A) $519,799.59.

Explanation:

According to the scenario, the given data are as follows:

Payment 1st year = $218,000

Payment 2nd year = $224,000

Payment 3rd year = $238,000

Rate of interest = 14.5%

So, We can calculate the amount Southern Tours willing to pay by using following formula:

We add the payment for 3 years by simple interest as:

=  \frac{payment (1st year)}{1+r^{t1}  } +\frac{payment (2nd year)}{1+r^{t2}  }  + \frac{payment (3rd year)}{1+r^{t3}  }

=  \frac{218,000}{1+0.145  } + \frac{224,000}{(1+0.145)^{2}  } + \frac{238,000}{(1+0.145)^{3}  }

= $519,799.59

Hence, the amount Southern Tours willing to pay is $519,799.59.

4 0
3 years ago
An airline has a marginal cost per passenger of $20 on a route from Minneapolis to Dallas. At the same time, the typical fare ch
luda_lava [24]

Answer:

The fixed costs are too high. The marginal cost generally represents variable costs and they might be very low, but if the fixed costs are simply too high, they will need to increase the price of the plane tickets in order to break even. The break even formula is calculated by dividing total fixed costs by marginal revenue (selling price - variable costs).

3 0
3 years ago
An increasing number of companies are considering their relationships with customers as financial assets. Such firms measure suc
sladkih [1.3K]

Answer:

CUSTOMER EQUITY.

Explanation:

Customer relationship management is an approach to maintain a company's interaction with current and potential customers. It mainly focuses on customer retention and driving sales growth.

Customer equity is a result of customer relationship management. It is the total of discounted lifetime value of all the firm's customers. In other words, the more loyal a customer, the more the customer equity.

The theory of Customer Equity can be defined as the value of the potential future revenue generated by a company’s customers in the entire lifetime of the firm.

Therefore, an increasing number of companies are considering their relationships with customers as financial assets. Such firms measure success by calculating the value of their CUSTOMER EQUITY.

3 0
3 years ago
Read 2 more answers
Web application firewalls, security information and event management systems, access controls, network security monitoring, and
viktelen [127]
<span>Web application firewalls, security information and event management systems, access controls, network security monitoring, and change controls help to keep the "soft center" from becoming an easy target when the perimeter fails.</span>
7 0
3 years ago
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