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]
2 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]2 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
A. drake wins $100,000 and peter wins $75,000.
emmasim [6.3K]
How about Drake just beats Peter by becoming a world-renown rapper and earning a net worth of +$60 million? 

But seriously, what's the question?
3 0
2 years ago
The local newspaper receives several complaints per day about typographic errors. Over a seven-day period, the publisher has rec
natima [27]

Answer:

c-chart

Explanation:

Since the newspaper register the number of daily errors, differentiating between different days, the publisher should use a c-chart.

The c-chart is a type of control monitors "count"-type data (number of typographic errors in a paper), it is also useful for counting the number of unconformities on each unit (each day of publishing). Therefore, the c-chart is the most recommended.

4 0
2 years ago
Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. Each
Alexxx [7]

Answer:

Sales Revenue  = 441,000

COGS  4,900 x 38 = 186,000

Gross Profit 254.800

Selling variable 4,900 x 2 = 9,800

Selling and administrative 65,200

Net Income 179,800

Explanation:

Sales

4,900 x 90

COGS

Fixed 78,000/6,000 = 13

Variables 25

Unit cost 38

4,900 x 38 = 186,200

Selling variable

4,900 x 2 = 9800

5 0
2 years ago
In the traditional advertising model, advertisers were charged using a __________ approach, which charged for the exposures to a
kkurt [141]

Answer:

The correct answers that fills the gaps are: Cost per Thousand; Cost per Click.

Explanation:

Cost per Click (CPC), Cost per Thousand Impressions (CPM) and Cost per Acquisition (CPA) are collection methods used by digital media platforms. The CPC is calculated based on the number of clicks on the ads, the CPM for impressions, and the CPA for the number of conversions.

CPM, or Cost per thousand impressions, is a metric that represents the cost generated per thousand impressions of the ad. Obviously they are not literal impressions, but the number of times that certain advertising was displayed to the public on the internet.

By choosing CPM as a form of payment, the advertiser agrees to pay the publisher of the ad a pre-determined amount for every thousand impressions. This means that the publisher receives compensation for each ad shown, having more predictability of profit.

The cost per click is a form of payment of paid advertisements in which for a number of clicks made the payment is made. That is, the advertiser pays for visitors who access the site where the ad was made for their site.

3 0
2 years ago
BellStar Communications is a new provider of 3D satellite TV service. It offers an extremely low introductory price for the firs
Black_prince [1.1K]

Answer: Option C

                       

Explanation: In simple words, penetration pricing refers to pricing strategy in which an organisation initially sets the prices of its product as to create market share and to build a customer base.

After achieving a certain amount of word of mouth and awareness in the eyes of customers, organisation increases its price for a certain marginal profit.

In the given case, Bell star is doing the same functions as explained above. Hence we can conclude that company is using market penetration.

6 0
3 years ago
Other questions:
  • Asonia Co. will pay a dividend of $4.30, $8.40, $11.25, and $13.40 per share for each of the next four years, respectively. The
    12·1 answer
  • "Recent research on emotionality produced a mouse with a nonfunctional gene for normal fear behavior." This mouse exhibits behav
    14·1 answer
  • By paraphrasing, an individual is:
    8·2 answers
  • Doug is filing singly. his net taxable income is $80,575. every week, $304 is withheld from his earnings for income tax. based o
    9·2 answers
  • When Breyers sells Oreo Cookies and Cream ice cream, Breyers purchases ground Oreo cookies for inclusion in the ice cream and pr
    8·2 answers
  • Joseph has just accepted a job as a stockbroker. He estimates his gross pay each year for the next three years is $35,000 in yea
    13·1 answer
  • Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.
    15·1 answer
  • Working with people sometimes requires special techniques – what are some for graphic designer job?
    11·1 answer
  • Which of the following statements about employment-at- will is true? ​
    8·1 answer
  • What is the difference between position management and job management.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!