Hundred thousand million billion trillion quadrillion then what

You are bullish on Telecom stock. The current market price is $100 per share, and you have $15,000 of your own to invest. You bo

likoan [24]

Answer:

10%

Explanation:

Value of investment in the beginning = $30,000

Value of investment at the end = $30,000 (1 + 0.08)

= $30,000 × 1.08

= $32,400

Interest paid = $15,000 × 6%

= $900

Rate of return:

$=\frac{Value\ at\ the\ end-Value\ in\ beginning-Interest}{Total\ amount-Borrowed\ amount}\times100$

$=\frac{32,400-30,000-900}{30,000-15,000}\times 100$

$=\frac{1,500}{15,000}\times 100$

= 10%

Rate of return is 10% if the price of Telecom stock goes up by 8% during the next year.

7 0

2 years ago

Will the government extend student loan forbearance.

viva [34]

No Decision have been made

5 0

2 years ago

Steve is in charge of accounting for the purchase of equipment at Cal Works, Inc. The company has a policy that all expenditures

Svetlanka [38]

Answer: Materiality

Explanation: In simple words, materiality refers to the accounting concept which states that only those transaction should be recorded in the financial statements which are important to the stakeholders.

In other words, the transactions should be recorded in such a way that it gives some value to the stakeholders.

Therefore, in the given case, steve reported two expenditures in the fiancial statement as the amount is significant, thus,must be holding the value to stakeholders.

Hence the correct option is D.

5 0

3 years ago

You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all

grin007 [14]

Answer:

This statement falls under Classical Management Theory

Explanation:

In this case, managers want to help customers in making their choices easy and simple for them. Yes, its very much true that too many choices create ambiguity, it becomes very hard for the customers to choose from overload of choices, that's the reason Apple only came with one phone model, iPhone. Furthermore, managers want employees to help customers, therefore, they have linked their motivation directly with the incentives and commissions, which directly falls under the classical management theory, which says that employees have certain economic and physical needs which they have to meet and fulfill. Moreover, classical management theory also helps us in the areas of leadership, specialization of labor, profits, and decision making. Here managers want to streamline their operations as well, which is also another feature of management theory.

7 0

3 years ago

What is the value of a preferred stock where the dividend rate is 14% on a $100 par value? Assume the discount rate for this sto

Ulleksa [173]

Answer:

Value of preferred stock will be $140

Explanation:

We have given par value of preferred stock = $100

Dividend rate = 14 %

Discount rate on preferred stock = 12%

Preferred stock dividend $=face\ value\times dividend\ rate=100\times 0.14=14$

We have to find the value of preferred stock

Value of preferred stock $=\frac{preferred\ stock\ dividend}{discount\ rate}=\frac{14}{0.1}=140$

So value of preferred stock will be $140

8 0

2 years ago