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eimsori [14]
3 years ago
5

A stock that sold for ​$ per share at the beginning of the year was selling for ​$ at the end of the year. If the stock paid a d

ividend of ​$ per​ share, what is the simple interest rate on the investment in this​ stock? Consider the interest to be the increase in value plus the dividend.
Business
1 answer:
Anestetic [448]3 years ago
7 0

Answer:

137.77%

Explanation:

obviously the numbers are missing, so I looked for a similar question:

"A stock that sold for ​$26 per share at the beginning of the year was selling for ​$52 at the end of the year. If the stock paid a dividend of ​$9.82 per​ share, what is the simple interest rate on the investment in this​ stock? Consider the interest to be the increase in value plus the dividend."

  • total interest received (your gain) = (year end market value - purchase price) + dividends received = ($52 - $26) + $9.82 = $35.82
  • initial investment (purchase price) = $26

simple interest rate of return on investment = total interest received / initial investment = $35.82 / $26 = 1.3777 or 137.77%

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jasenka [17]

Answer:

1) Athena and Aries

2)Tamil/Sanskrit

3) Plato and Euclid

4) Solar energy Wind energy

5)Ruby, emerald

6)Python, Rattlesnake

7)8)9)i have no idea

Explanation:

6 0
2 years ago
Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1. Givens Brick Company signs a $600,000, 8%, 9-month
zheka24 [161]

Answer:

The journal entry which is to be reported on January 1 is shown below:

Explanation:

The journal entry which is to be reported on January 1 for the issuance is as:

On January 1

Cash A/c............................Dr  $600,000

    Notes Payable A/c..........Cr  $600,000

Being the issuance as well as proceeds of the note is recorded

On January 1, the company issues as well as proceeds the note, so, the cash account is debited as the cash is increasing and any increase in asset is debited. Therefore, the cash account is debited. And the note will become payable, which lead to increase in liability and any increase in liability is credited. So, the notes payable is credited

3 0
2 years ago
PLEASE HELP ME????
zalisa [80]
B is the answer a teenage requires between 7 to 8 hours sleep
6 0
3 years ago
Read 2 more answers
Internal resources, such as the legal department, training department, information technology department, tend to be under-utili
bixtya [17]

Answer:

b. All of the answers are correct.

Explanation:

Death Spiral is a situation when a company's goods or services produced are declining and fixed cost is same. The company will be exposed to a burden of fixed cost if its output is reduced.  

In this question the various departments of a company are underutilized. The fixed price allocated to each department will be same hence creating a burden on a company's funds. Managers may decide to reduce the services they use to reduce the cost of their department. The internal pricing system will start recovering the sunk cost of company. Managers will also consider purchasing services internally or externally whichever is cost effective. All of the statements are correct there b is correct option.

7 0
3 years ago
You were hired as a consultant to Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equ
taurus [48]

Answer:

8.15 %

Explanation:

Weighted Average Cost of Capital (WACC) is the business Cost of permanent sources of finance pooled together. It shows the risk of the business and is used to evaluate projects.

WACC = Cost of Equity x Weight of Equity + Cost of Preferred Stock x Weight of Preferred Stock + Cost of Debt x Weight of Debt

<u>Remember to use the After tax cost of debt :</u>

After tax cost of debt = Interest x ( 1 - tax rate)

                                    = 6.50% x (1 - 0.40)

                                    = 3.90 %

therefore,

WACC = 11.25% x 55% + 6.00% x 10% +  3.90 % x 35%

            = 8.15 %

Thus,

Quigley's WACC is closest to 8.15 %.

3 0
3 years ago
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