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
Rama09 [41]
3 years ago
5

A customer is dollar cost averaging by investing $400 per month into a mutual fund. Over 4 months, the customer has made purchas

es at $13 per share, $10 per share, $8 per share, and $9 per share. By using this method, the customer has an average cost per share that is how much lower than the average price per share?
Business
1 answer:
Nostrana [21]3 years ago
6 0

Answer:

$0.32 per share

Explanation:

For computing the lower price per share first we have to find out the average cost per share which is shown below:

1 $400 ÷ $13 = 30.769

2 $400 ÷ $10 = 40.000

3 $400 ÷ $8 = 50.000

4 $400 ÷ $9 = 44.444

$1,600  = 165.213 shares

Average cost per share = Total cost ÷ total number of shares  

                                       = $1,600 ÷ $165.213 shares

                                       = $9.68 per share

And, the average price per share is

= ($13 + $10 + $8 + $9) ÷ 4

= $10 per share

So, the lower value is

= $10 per share - $9.68 per share

= $0.32 per share

You might be interested in
If the price of gasoline increases, most likely, ceteris paribus, the result will
avanturin [10]

Answer:

A

Explanation:

4 0
3 years ago
Read 2 more answers
In earned value management, a baseline includes ____ (wbs tasks), time (start and finish estimates for each task), and cost info
shusha [124]

Answer:

The correct answer is:  scope.

Explanation:

Earned Value Management (<em>EVM</em>) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are <em>scope, time, </em>and <em>cost information</em>. The scoping process implies a Work Breakdown Structure (<em>WBS</em>) where the initial plan is broken into micro levels for better analysis.

3 0
3 years ago
does mcdonald's franshicd have the same menu as McDonald’s? Like if deal happened with McDonald’s will the franchise serve the s
givi [52]

Answer:

Yes, the menu served at any McDonald's franchise will be exactly what you'd find in any other McDonald's outlet, franchise or not.

Explanation:

When businesses such as fast-food companies want to expand, one of the strategies available to them is the use of a Franchise method.

This involves permitting another company or individual to use its brand, intellectual properties, business system, and any other rights or properties of the parent company to trade in exchange for an initial fee as well as royalties whose sum is agreed by both parties.

The original company is usually called the franchisor and the new entrant the franchisee.

For this type of strategy to work, the franchisor must already have a strong brand, a tested business operating system that works and one that is easily replicable or scalable.

A franchise is not a franchise if it's services or operations differ from that of the parent company. So, whether it is the Franchisor or the Franchisee, the system, products, and services must look and feel the same everywhere one goes.

Cheers

5 0
2 years ago
Suppose that an increase in production costs decreases the supply of wheat, such that less wheat is supplied at each price level
Elan Coil [88]
<h2>Answer</h2>

Increases

<h3>Explanation</h3>

When an increase in the production cost is experienced, there are high chances that the supply will be affected significantly. With increased costs, in this scenario, less wheat is supplied, rending the wheat supply curve to shift inwards. An inward shift of the wheat supply curve will result in decreased supply and since less supply has to met more demand, so price will rise, thus an increased equilibrium price is attained.

4 0
3 years ago
Gus is always making sexual jokes at work. many employees find the jokes funny, but shelley, gus's executive assistant, is uncom
notsponge [240]

The answer is<u> "hostile environment created by supervisors".</u>


Hostile work environment harassment is when harassment makes the work environment insufferable on the grounds that consistent sexual or sex based action or remark meddles with a worker's capacity to do his or her activity, threatening workplace lewd behavior has happened. This kind of harassment can be conferred by collaborators or chiefs since it doesn't require any expert to make such an environment.

6 0
3 years ago
Other questions:
  • Which of the following factors increases pressures for cost reductions? a. Meaningful differentiation between products b. Reduce
    13·1 answer
  • __________ often assist companies and employees with ethical issues by formally addressing contributions to government officials
    6·1 answer
  • If actual output exceeds potential output, the economy: Multiple Choice is experiencing an inflationary gap. is in neither a sho
    10·1 answer
  • Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month
    7·1 answer
  • ABC opened for business on January 1, 2018, and paid for two insurance policies effective that date. The liability policy was $5
    7·1 answer
  • True or false? When creating buyer personas, consider creating a different persona based on job function. Grouping buyer persona
    7·1 answer
  • Suppose an economic boom causes incomes to increase and, at the same time, drives up wages for the sales representatives who wor
    14·1 answer
  • What does it mean for a research topic to be amenable to scientific study using a qualitative approach?
    8·1 answer
  • RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
    8·1 answer
  • Anyone wants my number for 84 points
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!