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san4es73 [151]
3 years ago
11

Six months ago, you purchased 100 shares of stock in Arepa Corp. at a price of $43.89 per share. Arepas stock pays a quarterly d

ividend of $.10 a share. Today, you sold all of your holdings for $45.13 per share. What is the total amount of your capital gains on this investment
Business
1 answer:
velikii [3]3 years ago
4 0

Answer:

The total amount of your capital gains on this investment is $124

Explanation:

Capital Gain / loss is the difference between the selling and purchasing prices. Capital gain arises when sales price of an asset is more than purchase price. Capital loss arises when sales price of an asset is less than purchase price.

Total Purchase value = 100 x $43.89 = $4,389

Selling price = 100 x $45.13 = $4,513

Capital Gain = $4,513 - $4,389 = $124

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According to  conventional wisdom regarding asset allocation by age, you should hold a proportion of stocks equal to 100 minus your age. Therefore, if you are 40 years old, 60% of your portfolio should consist of equity. Criteria might be better changed to 110 minus your age or 120 minus your age because life expectancy increasing.

By deducting your present age from 100, you can utilize  rule of thumb to determine your asset allocation. It implies that as you get older, you should shift away from equity funds and toward debt funds and fixed income assets in your asset allocation.

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1 year ago
Countries which export more than they import (i.e., which have a surplus in their balance of trade) still will have a $0 balance
horrorfan [7]
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Ways which business can overcome competition in the market environment​
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3 0
2 years ago
A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost TTT, in dol
andriy [413]

Answer: 2,200 units.

Explanation:

The complete exercise is:

T = 5c + 12 f

A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?

Given the following equation:

T = 5c + 12 f

You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.

Based on the information given in the exercise, you can identify that, in this case:

T=47,000\\\\f=3,000

Then, knowing those values, you need to substitute them into the given equation:

47,000 = 5c + 12(3,000)

And finally, you must solve for "c" in order to calculate the number of units that  were shipped to the closer location.

You get that this is:

47,000 = 5c + 12(3,000)\\\\47,000-36,000 = 5c\\\\11,000=5c\\\\\frac{11,000}{5}\\\\c=2,200

3 0
3 years ago
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Answer:

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