1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
DEFINE visible trade and invisible trade​
Andreyy89

Answer:

visible trade in economics, exchange of physically tangible goods between country involving import and export it is distinguished from invisible trade

6 0
3 years ago
Which of the following is NOT a reason to invest your money?
Katen [24]
A. <span>It's safer just to keep it at home in a secure place.

This is a reason to NOT invest. The others are all reasons TO invest. </span>
8 0
3 years ago
Quantity Discount: Consider a quantity discount problem where the yearly demand for the product is 1,286 units, the ordering cos
Nataly [62]

Answer:

EOQ = 72 units

Explanation:

Annual demand D = 1,286 units

Ordering cost S = $47

Holding percentage I = 35%

So, 0 - 199 units, the unit cost is $66

EOQ = \sqrt{2DS/PI}

EOQ = \sqrt{(2 * 1286 * 47)/(66*0.35)}

EOQ = \sqrt{5233.07}

EOQ = 72.33998613

EOQ = 72 units

3 0
3 years ago
1. Give one example of professional behavior in a salon and how a cosmetologist could
lana [24]

Answer:

Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.

3 0
3 years ago
Gannon Company acquired 10,000 shares of its own common stock at $20 per share on February 5, 2014, and sold 5,000 of these shar
DiKsa [7]

Answer:

The credit entry for the issue of 5000 shares is:

Cr Treasury stock                                       $100,000

Cr Paid-in capital from treasury stock          $35,000

Explanation:

The par value of the common stock issue($20 per share) is credited to treasury stock account, while the excess of issue price of $27 over the par value of $20, $7 per share is credited to paid-in capital from treasury stock

The full double entries for the issue of 5000 shares is as follows:

Dr Cash ($27*5000)                                                 $135,000.00  

Cr Treasury stock($20*5000)                                                          $100,000

Cr Paid-in capital from treasury stock($7*5000)                                $35,000

Under International Financial Reporting Standards, the credit entries would be that par value is credited to equity share capital and the excess credited to share premium account.

                                 

3 0
3 years ago
Other questions:
  • Item 8Item 8 Rick’s Cafe is a new restaurant in town. It has Rick, (the owner), five waitstaff, two cooks, a busboy, and a hoste
    15·1 answer
  • Your financial institution can’t help you if there is a mistake on your bank account statement ?
    5·2 answers
  • Universal Containers has a custom object to maintain Job information with a private sharing model. The Delivery group is distrib
    15·1 answer
  • Brianna is the top-performing cheerleader and captain of the cheer team. Which of the following statements would result in the a
    5·1 answer
  • Target posts signs in its stores and posts ___________on products or displays to help consumers gather information or discounts.
    6·1 answer
  • Two ways for a company to guarantee quality of a product are quality control and quality ___________.
    6·1 answer
  • People with computer skills and strong backgrounds in mathematics and science will have key tools to succeed in the new global e
    10·2 answers
  • Agency relationships can exist outside an employer-employee relationship, and thus agency law has a broader reach than employmen
    5·1 answer
  • (Advanced analysis) Answer the question on the basis of the following information for a mixed open economy. The letters Y, Ca, I
    15·1 answer
  • A manufacturer has an estimated practical capacity of 90,000 machine hours, and each unit requires two machine hours. The follow
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!