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suter [353]
3 years ago
10

A year ago, you purchased 300 shares of Stellar Wood Products, Inc. stock at a price of $8.62 per share. The stock pays an annua

l dividend of $0.10 per share. Today, you sold all of your shares for $4.80 per share. What is your total dollar return on this investment? A. -$382 B. -$1,372 C. -$1,528 D. -$1,116 E. -$1,360
Business
1 answer:
Galina-37 [17]3 years ago
3 0

Answer:

D. -$1,116

Explanation:

Total amount of purchase = number of shares * price per share

= 300 * $8.62

= $2,586

Total dividends received = number of shares * dividend per share

= 300* $0.10

= $30

Total proceeds from sale of shares = number of shares sold  * price per share

= 300* $4.80

= $1,440

Total dollar return = (Total proceeds from sale of shares + Total dividends received - amount of purchase)

= $1,440 + $30 - $2,586

= -1,116

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The UK economic climate is important for POD Point. It is considering two options to reduce the impact of falling UK consumer in
vivado [14]

The answer should be 1. Focus on selling to foreign countries.

This is because the article stated that the POD business had a lot more awareness on foreign sales production. They had tons of customers with 20% of their profit coming from Norway, and the rate keeps rising by year 3.

Foreign selling creates product awarness with more people being able to buy the product if overseas, making more profit from more people buying. If it were just sold in the U.S, for example, then not as many people could buy the cars, but foreign production can reach out to MANY more people.


5 0
3 years ago
CCP is an acronym for<br> and
alexandr402 [8]

Answer:

CUBIC CLOSE PACKING

Explanation:

it is known to be the densest possible packings of equal spheres. Simple cubic packing consists of placing spheres centered on integer coordinates in Cartesian space

8 0
3 years ago
Caruso, inc. has an inventory turnover rate of 8 times. if its cost of goods sold is $150,000, then
Blababa [14]
Inventory turnover rate = 8 times
Cost of goods sold = $150,000
Then the average inventory of company is $18,750.
This is how we calculate this;
Cost of goods sold / inventory turnover rate =
$150,000 / 8 = $18,750.
5 0
3 years ago
2.
SOVA2 [1]
You did not type a problem so I cannot help.
6 0
3 years ago
On October 28, 2021, a company committed to a plan to sell a division that qualified as a component of the entity according to G
german

Answer:

The company report as loss on discontinued operations in its 2021 income statement is $1,990,000

Explanation:

The computation of the loss on discontinued operations is shown below:

= Division loss from operations  

= $1,990,000

As no impairment loss is there because there is a gain as fair value is more than the book value.  

For calculating the loss on discontinued operations, the gain should not be considered. So, only Division loss from operations is relevant and hence taken in the computation part

The gain would be

= $3,630,000 - $3,000,000

= $630,000

3 0
3 years ago
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