Based on the number of shares you bought and the dividend per share, the total dividend income you received was $452.40.
<h3>How much dividend income was received?</h3>
The stock was held for 7 months and there are 2 quarters in a space of seven months so two dividends were received.
The amount received is:
= Number of share x Number of quarters x dividend per quarter
= 580 x 2 x 0.39
= $452.40
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Answer:
The maximum utility is 16 utils
Explanation:
To maximize the utility we must choose the items that gave most utils.
Each item cost $1 and we have $4 to spend.
1 slice of pizza: 5 utils
2 slice of pizza: 4 utils
3 slice of pizza: 3 utils
1 soda: 4 utils
2 soda: 3 utils
3 soda: 2 utils
If we display them in a decrease order and we choose the first four rows.
1 slice of pizza: 5 utils (1 dollar)
2 slice of pizza: 4 utils (1 dollar)
1 soda: 4 utils (1 dollar)
3 slice of pizza: 3 utils (1 dollar)
2 soda: 3 utils
3 soda: 2 utils
Highlighted are the ones we must get to get the maximum utility.
The maximum utility is 5 utils +4 utils+4 utils+3 utils= 16 utils
Answer:
Option D is correct
Expected rate of return = 18.6%
Explanation:
The expected rate of return is the proportion of average investment that is earned as income . It is calculated as follows:
Rate of return on investment = average return / Average investment
Average investment = (Initial cost + salvage value)/ 2
Average investment = 89,000 +14,000/ 2= 51500
Net income = $9,600
Expected rate of return = 9,600/51,500× 100
= 18.6%
The answer is Communication
<span>A higher interest rate and/or a higher balance will result in higher interest earned.</span>
