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chubhunter [2.5K]
3 years ago
14

Calculating Total Return. Tammy Jackson purchased 100 shares of All-American Manufacturing Company stock at $31.50 a share. One

year later, she sold the stock for $38 a share. She paid her broker a $28 commission when she purchased the stock and a $42 commission when she sold it. During the 12 months she owned the stock, she received $160 in dividends. Calculate Tammy’s total return on this investment. (Obj. 1)
Business
1 answer:
Mandarinka [93]3 years ago
4 0

Answer:

$20.50

Explanation:

She paid: $31.50+ $28= $59.50

Return: $38+ $42= $80

So, $80- $59.50= $20.50

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A car dealership spends $140,000 on cars to stock their lot. After a day of sales, they earn a total revenue of $300,000. What i
r-ruslan [8.4K]

Answer:

$160,000

Explanation:

Calculation of the car dealership's profit

Using this formula

Profit= Total revenue- Amount Spend

Where,

Total revenue=$300,000

Amount Spend=$140,000

Let plug in the formula

Profit =300,000-140,000

Profit =160,000

Therefore the car dealership's profit will be $160,000

5 0
3 years ago
Which is the difference between static storage systems and dynamic storage systems
arlik [135]

Answer:

In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.

3 0
3 years ago
Consider a portfolio comprised of four risky securities. Assume the economy has three states with varying probabilities of occur
olga nikolaevna [1]

Answer:

B. The portfolio expected rate of return must be the same for each economic state.

Explanation:

Variance formula = sum of (probability x (r - mean)^2)

r= expected return

if the expected return would be same for each economic state then the mean would equal to expected return which ultimately will give variance zero ( as r-mean would be 0).

Hence the correct option is B. The portfolio expected rate of return must be the same for each economic state.

8 0
3 years ago
A contingent liability is an obligation that should be: Question 2 options: A) Recorded in the accounts and classified in a cont
tester [92]

Answer:

D) Recorded in the accounts if the amount may be reasonably estimated and it is probable that the future event creating the obligation will occur

Explanation:

This is the best answer to the question

6 0
3 years ago
Aeryn Soon is a potential investor of Hippy Dippy Inc.’s preferred stock, which is currently selling for $475 per share. Hippy D
Ksju [112]

Answer:

Yes she should purchase this preferred stock.

Explanation:

Return on investment as a percentage = return/capital invested * 100

For Aeryn to decide whether she should purchase this preferred stock, its return on investment should be higher than or equal to 8%. The return on investment of this preferred stock is $40/$475 * 100 = 8.42%, which is higher than her required return therefore she should purchase the preferred stock.

5 0
3 years ago
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