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
NeX [460]
3 years ago
8

If Penny bought a stock for $80 dollars and could sell it 15 years later for 4 times what she originally paid, what is Penny’s r

eturn on owning this stock? (Enter your answer as a whole percentage (e.g. .35 should be entered as 35).)
Business
1 answer:
snow_lady [41]3 years ago
6 0

Answer:

10%

Explanation:

Data provided in the question

Purchase value of the stock = $80

Number of years = 15

Times = 4

So, the return on owning this stock is

= Number of times^(1 ÷ number of years) - 1

= 4^(1÷15) - 1

= 4^0.0666666667  - 1

= 1.0968249797  - 1

= 0.0968249797

= 10% round off

All other things that are mentioned in the question is not relevant. Hence, ignored it

You might be interested in
The activities that must be completed prior to the start of an activity in question are called the immediate ________ of the act
marta [7]

Answer:

events

Explanation:

it is an emergency situations that needs to be answered quickly

3 0
2 years ago
For what type of financial aid can you apply through the FAFSA?
Delvig [45]

Answer:

You use it to apply for Federal student financial aid, such as grants, loans, and work-study.

Explanation:

Hope it helps and have a good day

8 0
3 years ago
Read 2 more answers
Is there a trade-off between standardization and innovation? how are the two related in most companies?
Dmitry_Shevchenko [17]
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
5 0
3 years ago
Match the following functions with their descriptions.
drek231 [11]

Answer:

A. ERP

B. RFID

C. Barcodes

D. E-business

E. EDI

Explanation:

Here is the complete question :

Match the following functions with their descriptions.

(E-Business, EDI, Bar Codes, ERP, RFID)

A. It allows companies to organize and share information

B. It provides instantaneous tracking by containing identifying information

C. It provides complete visibility of product location

D. Provides access to global markets, suppliers and distribution channels

E. It enables exchange of documents in a standard format

Enterprise resource planning (ERP) is a software used to organise a business core processes

Electronic Data Interchange (EDI) is used to exchange business documents in a standardised format electronically

Types of EDI

  1. Direct EDI
  2. EDI via value added networks (VANs)
  3. Web EDI
  4. Mobile EDI

Advantages of EDI

  1. It increases business efficiency
  2. It reduces operating costs

Disadvantages of EDI

  1. Initial setup cost is usually quite high

Radio-frequency identification (RFID) is used to identify and track tags that are attached to items

Barcodes are used as a means of identification of a product. They can identify the country a product is manufactured.

Electronic business (E-business) has accelerated the rate of global integration. It has increased the access to global markets, suppliers and distribution channels.

6 0
3 years ago
If a seller facing excess demand is unable to raise the price of the good due to a price ceiling, a likely result will be:
Anuta_ua [19.1K]

A likely result will be a decrease in the quality of a product.

The fee ceiling is a state of affairs while the price charged is greater than or less than the equilibrium fee decided with the aid of market forces of demand and deliver. It's been found that higher price ceilings are useless. price ceiling has been discovered to be of extraordinary importance within the residence rent marketplace.

A price ceiling is a legal maximum rate that one will pay for some good or carrier. A government imposes rate ceilings as a good way to preserve the price of some necessary precise or services low-cost. as an example, in 2005 at some stage after Hurricane Katrina, the price of bottled water expanded above $five according to the gallon.

A rate ceiling continues a fee from growing above a sure level (the “ceiling”), even as a fee ground continues a rate from falling underneath a given degree (the “ground”). This phase uses the call for and delivers a framework to research price ceilings. the following section discusses rate flooring.

Learn more about the price ceiling here brainly.com/question/1448982

#SPJ4

3 0
2 years ago
Other questions:
  • Metlock Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at
    11·1 answer
  • Calculate owner equity in a business having 35,000 of assets and 10,000 of liabilities
    8·1 answer
  • For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for st
    9·1 answer
  • In the diluted earnings per share computation, the treasury stock method is used for options and warrants to reflect assumed rea
    14·1 answer
  • A __________ is a group of customers who love their brand so much that they like to connect with other customers who think like
    15·1 answer
  • Which Finance Career Pathways involve money, assets, or liabilities? Check all that apply.
    11·2 answers
  • A stock you own earned: $200, $500, $100, and $700 over the last four years. What was the mean annual gain in value over the fou
    7·1 answer
  • In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and
    10·1 answer
  • Among ________, women and men shop on the Internet with equal frequency, and men tend to spend more per purchase transaction tha
    10·1 answer
  • Kira, the general manager of a travel agency, believes that her workers are responsible and capable, and that they can be truste
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!