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AURORKA [14]
3 years ago
14

A stock that sold for $22 at the beginning of the year was sell- ing for $24 at the end of the year. If the stock paid a dividen

d of $.50 per share, what is the simple interest rate on an investment in this stock?
Business
1 answer:
MrRa [10]3 years ago
7 0

Answer:

11.36%

Explanation:

Given:

Selling cost of the stock at the beginning of the year = $22

Selling cost of the stock at the End of the year = $24

Dividends received = $0.50 per share

Thus,

The actual amount received at the end of the year

= Selling cost of the stock at the End of the year + Dividends received

= $24 + $0.50

= $24.50

thus,

the interest received = $24.50 - $22 = $2.50

therefore, the rate of interest = \frac{\textup{Interest}}{\textup{Initial amount}}\times100

or

the rate of interest = \frac{2.50}{22}\times100

or

the rate of interest = 11.36%

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evablogger [386]

Answer:

The correct answer is letter "A" and "D": Focusing on the concerns of the audience; Being purposeful.

Explanation:

While writing business reports, it is important to be concise and short. The message provided must go<em> straight to the purpose</em> of writing the report. Statistical data should be considered without making it the center of the report -unless necessary- because the objective is always capturing the <em>audience's attention</em> with simple but meaningful facts.

6 0
4 years ago
Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,410 units
svlad2 [7]

Answer:

Production= 60,740

Explanation:

Giving the following information:

Sales= 59,700

Beginning inventory= 6,410

Desired Ending inventory= 7,450

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Production= sales + desired ending inventory - beginning inventory

Production=  59,700 + 7,450 - 6,410

Production= 60,740

3 0
3 years ago
A company has $1,500,000 in current assets and $500,000 in current liabilities. The company's current inventory level is $250,00
GalinKa [24]

Answer:

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3 0
3 years ago
The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a
Citrus2011 [14]

Given Information:

The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $2 million. If it would cost $1 million to finish development and make the product, should you go ahead and do so? What is the most that you should pay to complete the development?

Answer:

Yes, because the total loss would then be $3 million rather than $5 million. The most you should pay to complete the development would be $2 million.

Explanation:

Every product or service that is marketed or is related against, and competitive with, a product or service created or produced by Fiserv or manufactured or distributed. Competitive Product or Service

In the end demand for the product declines due to the exhaustion of supply and economies and new technologies and shifts in the preferences of the customer.

The projected benefit generated by the new product must be offset by the profits from expenses in the project appraisal.

5 0
3 years ago
What type of communication has replaced many other types of communication over the years
ludmilkaskok [199]

Answer:

Texting has replaced many types of communication

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3 years ago
Read 2 more answers
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