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luda_lava [24]
3 years ago
9

Three years ago, James Matheson bought 300 shares of a mutual fund for $23 a share. During the three-year period, he received to

tal income dividends of 0.70 per share. He also received total capital gain distributions of $0.80 per share during the three-year period. At the end of three years, he sold his shares for $26 a share. What was his total return for this investment
Business
2 answers:
pochemuha3 years ago
7 0

Answer:

1350

Explanation:

(300 x 0.70) + (300 x 0.80) + (300 x 26)

= 210+240+7800

=8250

8250- (300 x 23)

8250-6900 = $1350

Therefore his total return for this investment is 1350

Vesnalui [34]3 years ago
7 0

Answer:

$1,350

Explanation:

his total returns per share = (sales price - purchase price) + dividends received + capital gains distributions received = ($26 - $23) + $0.70 + $0.80 = $4.50 per share

total returns of the investment = total number of shares x total returns per share = 300 shares x $4.50 per share = $1,350

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Answer:

The profit maximizing output for a monopolist is the output level where marginal cost is equal to marignal revenue.

Explanation:

Price  Q Demanded Marginal Revenue Marginal Cost

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4 0
2 years ago
The government of Ugania had been extending huge amounts of loans to the business enterprises in the country. However, the borro
coldgirl [10]

Answer:

b) economic

Explanation:

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Despite that the government of Ugania has been trying to stimulate its economy extending huge amounts of loans to the business enterprises in the country, the failure to generate the profits necessary to repay their debts by borrowers likely due to be that the business enterprises in Ugania are most likely to facing economic risk.

7 0
3 years ago
United Contractors Inc. holds a lien on Vista Estates real property. This property can be sold to satisfy the debt if, before th
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Answer:

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