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jonny [76]
3 years ago
14

You just sold 700 shares of Alcove stock at a price of $34.08 a share. Last year you paid $39.20 a share to buy this stock. You

received dividends totaling $1.04 per share. What is your total capital gain on this investment
Business
1 answer:
Nesterboy [21]3 years ago
3 0

Answer:

The correct answer is 3584 (Loss).

Explanation:

According tot he scenario, the given data are as follows:

Purchase value = $39.20

Sale value = $34.08

Total share = 700 share

So, we can calculate the total gain by using following formula:

Total gain = (Sale value - Purchase value) × Total share

= ( $34.08 - $39.20) × 700

= -3584 ( Negative shows Loss)

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The U.S. unemployment rate moves up and down as the economy moves in and out of recessions. But over time, the unemployment rate
crimeas [40]

Answer:

c.4%

Explanation:

Based on the information provided within the question it can be said that the unemployment rate fluctuates but over time, always returns to a range of around 4%. Throughout history in the United States of America the unemployment rate has gone up and down with the times but always returns to normal. This normality is usually 3.9% with the lowest lately having been 3.6% in September of 2019.

7 0
3 years ago
Mr. and Mrs. Jones had an extensive flood in their basement. They incurred casualty losses of $20,000. Their insurance company r
andreev551 [17]

Answer:

<u>True</u>

Explanation:

According to the IRS tax guidelines in such a case the unreimbursed amount is deductible as an itemized deduction from tax returns.

What this implies for Mr. and Mrs. Jones is that the $12,000 unreimbursed amount would be deducted from their tax return. <u>Thus, reducing the amount of taxes to be paid by them.</u>

4 0
3 years ago
What are the two risk components that determine a firm's cost of equity?
Yanka [14]

Traditionally, the formulas used to express a firm's cost of equity are the dividend capitalization model and the capital asset pricing model (CAPM).

Explanation:

Generally, two risk components determine a firm's cost of equity. The first is the systematic risk associated with the broader equity market. All firms are exposed to this risk, and it cannot be mitigated through diversification.

The second risk component is the unsystematic risk associated with the firm in question. This risk, often reflected as beta, a measure of the stock's volatility in relation to the volatility of the broader market, can be mitigated via diversification.

5 0
3 years ago
Which of these should you consider while communicating in a diverse workplace?
Ivahew [28]

Answer:

A. Culture

Explanation:

Culture is very important and is reflective of how people communicate and etc. For example, the big business setting in China differs from America, so you would want to know how to be respectful of their culture. In China, when giving and receiving business cards, you have to accept it with two hands, not one hand. Failure to do so will cause you to look rude!

I hope this helps clear things up!

6 0
3 years ago
More companies are posting job advertisements on industry specific sites, because the applicants are usually more qualified.
aleksley [76]

Answer: True

Explanation: Industry specific sites are usually used by candidates that have  of expertise in specific industry sectors, For example- any candidate having higher skill set in IT sector might visit such a sight.

These sights brings the win win situation in the market as the candidate gets the job in which he or she is best at and the industry gets the experts for every job it has.

Thus, the above statement is true.

8 0
3 years ago
Read 2 more answers
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