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4 years ago

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What is the Total Cost of a stock purchase if the stock price is $12, shares purchased 100, with a 2% Broker's Fee? (Stock Price

x Shares Purchased = Stock Cost; Stock Cost x Broker's Fee = Broker's Fee; Stock Cost + Broker's Fee = Total Cost)
A. $1,224
B. $1,200

2 answers:

earnstyle [38]4 years ago

5 0

It's a so I need 20 characters hhhhhhh

Fantom [35]4 years ago

3 0

ITS “A” soooooooo yeaaaa

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Answer:

Eng grammar

Explanation:

Comma is Basically a 1 second pause after the word so when you say the above mentioned sentence then a one second pause is required after the word rain..

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3 years ago

FIFO and LIFO Costs Under Perpetual Inventory SystemThe following units of a particular item were available for sale during the

Sidana [21]

Answer:

FIFO - $22,880

LIFO - $21,120

Explanation:

The FIFO inventory system means first in, first out. It means the initial inventory is the first to be sold. The ending inventory would consist of the last purchased inventory.

Ending inventory = 52 ×$440 = $22,880.

The LIFO inventory system means last in, first out. It means the last purchased inventory are the first to be sold . The ending inventory would consist of the initial inventories.

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5 0

3 years ago

You are offered an annuity that will pay you $200,000 per year, at the end of the year, for 25 years. The first payment will arr

maksim [4K]

Answer:

I am willing to pay $1,202,235.89 for this annuity.

Explanation:

Calculate Present value of future cash flow to calculate the price for the annuity should be paid now.

Monthly receipt = PMT = $200,000

Number of years = n = 25 years

Rate of return = r = 16.25% = 0.1625

PV = PMT x [ 1- ( 1 + r )^-n )] / r

PV = $200,000 x [ 1 - ( 1 + 0.1625 )^-25 ) ] / 0.1625

PV = $200,000 x [ 1 - ( 1.1625 )^-25 )] / 0.1625

PV = $1,202,235.89

7 0

3 years ago

Porter Corporation owns all 40,000 shares of the common stock of Street, Inc. Porter has 80,000 shares of its own common stock o

damaskus [11]

Answer: 5.05 per share

Explanation:

.Porter. Street

$,000 $,000

Net income. 264. 236

Less amortization 0. 12

Less Interest. 48. 36

Total. 216. 188

*=. 216+188= 404/80000shasres

=5.05

The parents company Peter fully owns all the share of street which means it takes the whole.profit of street, The consolidation sechdule only takes cognizance of the parents company shares in calculating earning per share and the subsidiary share which is Street it's treated as an investment. The convertible shares are also not taking into consideration since they have not been convert.

6 0

3 years ago

If the contribution margin ratio is 60%, target operating income is $50,000, and the sales revenue needed to achieve the targe

muminat

Answer:

The correct answer is $430,000.

Explanation:

According to the scenario, the given data are as follows:

Contribution margin ratio = 60%

Operating income = $50,000

sales revenue = $800,000

So, we can calculate the total fixed expenses by using following formula:

Total fixed expenses = Contribution Margin - Operating income

Where, Contribution margin = Contribution margin ratio × sales

Contribution margin = .60 × $800,000 = $480,000

So, by putting the value in the formula, we get,

Total fixed expenses = $480,000 - $50,000

= $430,000

6 0

3 years ago