What two task does a public affairs officer do?

Jason purchased ABC stock at $40 per share and DEF stock at $35 per share on the same day in 2015. Exactly 6 months later, the A

Pachacha [2.7K]

Answer:

C) ABC 5% and DEF 5.7%

Explanation:

Data provided in the question:

Purchasing Cost of Stock ABC purchased = $40 per share

Purchasing Cost of Stock DEF purchased = $35 per share

Time = 6 months

Selling price of share of ABC = $42 per share

Selling price of DEF share = $36

Dividend paid to the DEF = $0.5 each quarter i.e $0.5 twice in 6 months

Thus,

Total dividend paid to DEF = $0.5 × 2

= $1

Now,

For ABC

Total return = Selling price - Purchasing Cost

= $42 - $40

= $2 per share

thus,

Holding period return = [ Total return ÷ Purchasing cost ] × 100%

= [ $2 ÷ $40 ] × 100%

= 5%

For DEF

Total return = Selling price + Dividend received - Purchasing Cost

= $36 + $1 - $35

= $2 per share

thus,

Holding period return = [ Total return ÷ Purchasing cost ] × 100%

= [ $2 ÷ $35 ] × 100%

= 5.7%

Hence,

option C) ABC 5% and DEF 5.7%.

7 0

3 years ago

For each item listed below, indicate in the space to the right whether the item would be considered a product cost or a period c

Katena32 [7]

Answer:

1. Factory supervisory salaries Production Cost Factory Overhead

2. Sales commissions Period Cost Selling expense

3. Income tax expense Period Cost tax expense

4. Indirect materials used Production Cost Factory Overhead

5. Indirect labor Production Cost Factory Overhead

6. Office salaries expense Period Cost Administrative expense

7. Property taxes on factory building Production Cost Factory Overhead

8. Sales manager's salary Period Cost Selling expense

9. Factory wages expense Production Cost Direct Labor

10. Direct materials used Production Cost Direct Materials

Explanation:

A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets

Period cost goes straight to expense account

While

Production Cost do capitalizes through Inventory and later recognize as cost of goods sold.

3 0

3 years ago

Use the DuPont system and the following data to find return on equity.(Do not round intermediate calculations. Round your answer

hjlf

Answer:Return on Equity= 37.1%

Explanation:

According to the DuPont Analysis System,

Return on Equity = Leverage Ratio x Net profit margin x Total asset turnover

Return on Equity = 2.8 x 5.3% x 2.5

Return on Equity=0.371

Return on Equity= 37.1%

6 0

3 years ago

Alena hopes that a good outline will accomplish Which of the following for her

natka813 [3]

Answer:

D. Help her distinguish between main topics and subtopics.

Explanation:

During a presentation, a good outline helps to list out the main points of the presentation in an orderly and easily understood manner.

For Alena, during her presentation, she would hope that a good outline would help her to distinguish between the main topic and subtopics.

8 0

3 years ago

Using the continuous compounding equation, if someone invested $5,000 at an interest rate of 3.5%, and someone else invested $5,

UNO [17]

Answer:

Therefore after 16.26 unit of time, both accounts have same balance.

The both account have $8,834.43.

Explanation:

Formula for continuous compounding :

$P(t)=P_0e^{rt}$

P(t)= value after t time

$P_0$ = Initial principal

r= rate of interest annually

t=length of time.

Given that, someone invested $5,000 at an interest 3.5% and another one invested $5,250 at an interest 3.2% .

Let after t year the both accounts have same balance.

For the first case,

P= $5,000, r=3.5%=0.035

$P(t)=5000e^{0.035t}$

For the second case,

P= $5,250, r=3.5%=0.032

$P(t)=5250e^{0.032t}$

According to the problem,

$5000e^{0.035t}=5250e^{0.032t}$

$\Rightarrow \frac{e^{0.035t}}{e^{0.032t}}=\frac{5250}{5000}$

$\Rightarrow e^{0.035t-0.032t}=\frac{21}{20}$

$\Rightarrow e^{0.003t}=\frac{21}{20}$

Taking ln both sides

$\Rightarrow lne^{0.003t}=ln(\frac{21}{20})$

$\Rightarrow 0.003t}=ln(\frac{21}{20})$

$\Rightarrow t}=\frac{ln(\frac{21}{20})}{0.003}$

$\Rightarrow t= 16.26$

Therefore after 16.26 unit of time, both accounts have same balance.

The account balance on that time is

$P(16.26)=5000e^{0.035\times 16.26}$

=$8,834.43

The both account have $8,834.43.

7 0

3 years ago