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Gekata [30.6K]
3 years ago
15

You purchased 100 shares of stock for $5 per share. After holding the stock for 8 years and not receiving any dividends, you sel

l the stock for $42 per share. What are the holding period and annual return on this investment?
Business
1 answer:
REY [17]3 years ago
7 0
Holding period = 8 years 
ROI / year = (42 - 5)/8 = 4,62 $ a year
(not sure)
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On February 28, Katherine wrote a check number 1021 to Hoopers Market for $189.43. Her beginning balance was $584.77. Calculate
8_murik_8 [283]

Answer:

Her new balance is $395.34

Explanation:

You take the starting balance of $584.77 and subtract it by the amount spent which was $189.43. Which gives you $395.34

3 0
3 years ago
In the context of market segmentation, unlike global citizens, global dreamers:
Zarrin [17]

Answer:

a. May not be able to afford, but nevertheless admire, global brands.

Explanation:

Let's analize all the statements for separate.

A.Global dreamers favour the global brands. Unlike global citizens can't afford them, but still admire them.

B. Refers to Antiglobals

C. Refers to global agnostics

D. Is against some global brands, can be seen as soft global agnostic.

5 0
3 years ago
Help with this please,,..
JulsSmile [24]
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4 0
3 years ago
Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $100,000 in sales during the seco
nydimaria [60]

Answer:

c) $20,000.

Explanation:

The computation of the estimated ending inventory is shown below:

We know that

Cost of goods sold = Beginning inventory + purchase made - ending inventory

And, the

Sales - gross profit = Cost of goods sold

$100,000 - $100,000 × 30% = Cost of goods sold

So, cost of goods sold would be

= $100,000 - $30,000

= $70,000

Now the ending inventory would be

$70,000 = $18,000 + $72,000 - ending inventory

$70,000 = $90,000  - ending inventory

So, the ending inventory would be

= $90,000 - $70,000

= $20,000

5 0
3 years ago
Your client, Brooke, decides to start saving for her son's college tuition. Her son was born today and will go to college at age
oksian1 [2.3K]

Answer:

The present value of the total amount that Brooke needs to have saved at the beginning of her son's first year of college is 31.959,13

Explanation:

Tuition Fees after inflation at

Year 18 = 15000* ( 1+6.5%)18 = 46599.8157

Year 19 = 15000* ( 1+6.5%)19 = 49628.8037

Year 20 = 15000* ( 1+6.5%)20 =  52854.6759

Year 21 = 15000* ( 1+6.5%)21 =  56290.2299

Since discount rate = 10%

So discount factor = 1+r = 1+10% = 1.1

Since fees are paid at beginning of period hence

Present Value of Fees = Fees (year 18)/1.1^18 +Fees at Year 19/1.1^19 +Fees at Year 20/1.1^20 + Fees at year 21/1.1^21 = 46599.8157/1.1^18 +  49628.8037/1.1^19 +  52854.6759/1,1^20 + 56290.2299^21 = 31959.13

3 0
4 years ago
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