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
Alla [95]
3 years ago
11

A stock is selling today for $40 per share. At the end of the year, it pays a dividend of $2 per share and sells for $44. a. Wha

t is the total rate of return on the stock?
Business
1 answer:
morpeh [17]3 years ago
3 0

Answer:

The total rate of return on the stock is 14%.

Explanation:

The sources of income from a stock are dividends and increase in its value. Therefore, the total rate of return on stock is calculated by dividing the addition of appreciation in the of the stock and dividends paid by the original stock price.

Therefore, the total rate of return on the stock can be calculated using the following formula:

Total rate of return = [(P1 - Po) + D] / Po .......................... (1)

Where;

P1 = Ending stock price = $44

Po = Initial stock price = $40

D = Dividend paid = $2

Substituting the values into equation (1), we have:

Total rate of return = [(44 - 40) + 2] / 44

Total rate of return = [4 + 2] / 44

Total rate of return = 6 / 44

Total rate of return = 0.14, or 14%

You might be interested in
_____ refers to the systematic process of regulating a company's activities to make them consistent with the expectations establ
lukranit [14]

Answer:

Organisational control refers to the systematic process of regulating a company's activities to make them consistent with the expectations established in plans, targets, and standards of performance

Explanation:

Organisational control involves the process of influencing the members of an organisation to work in line with the achievement of the objectives of the organisation.  organisational control when properly designed is capable of  improving the organisation's  performance because it will allow the organisation to effectively execute its strategies.

 Organisation control involves setting standards, measuring performance and ensuring that performance conforms with standards and if need be make corrections.

3 0
3 years ago
Required information Exercise 6-9A Record transactions using a perpetual system (LO6-5) Skip to question [The following informat
Korolek [52]

Answer:

Littleton Books

Journal Entries:

May 2 Debit Inventory $3,300

          Credit Accounts Payable (Readers Wholesale) $3,300

To record the purchase of books on account, terms, 1/10, n/30.

May 3 Debit Freight-in $200

          Credit Cash Account $200

To record the payment of freight costs for books purchased from Readers.

May 5 Debit Accounts Payable (Readers Wholesale) $400

          Credit Inventory $400

To record the return of books.

May 10 Debit Accounts Payable (Readers Wholesale) $2,900

            Credit Cash Discount Received $29

            Credit Cash Account $2,871

To record the settlement of account.

May 30 Debit Accounts Receivable $4,000

            Credit Sales Revenue $4,000

To record the sale of books on account.

May 30 Debit Cost of goods sold $2,900

            Credit Inventory $2,900

To record the cost of goods sold.

Explanation:

The journal entries in Littleton Books' accounting records show the accounts to be debited and credited as they occur on a daily basis.

6 0
2 years ago
Molly is a 27-year-old female who looks years older than her actual age. she lives a high-risk lifestyle that includes regular u
xxTIMURxx [149]
Hey there,

Answer:

Secondary Ageing

Hope this helps :D

<em>~Top</em>
7 0
3 years ago
Ensuring that all the right people, equipment, and materials arrive on time is especially challenging when using which layout? M
Mila [183]

Answer: Fixed-position layouts

Explanation: Fixed-position layouts are employed to assemble large, bulky, or fragile products to safely and effectively transferred them to a particular site for completion. E.g Assembling of an airplane. furthermore, personnel, supplies, and equipment are brought to the location where the product will be assembled. In involves ensuring that all the right people, equipment, and materials arrive on time and this is a challenging tasks when using fixed-position layouts.

6 0
2 years ago
Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection Costs April 906 $ 16,3
-Dominant- [34]

Answer:

$7,816.9943

Explanation:

Using the high-low method;variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)

= $16,700 - $15,850 / 951 - 860

= $850 / 91

= $9.340659340659341

= $9.3407

Hence, total fixed cost = $16,700 - ($9.3407*951) = $16,700 - $8,883.0057 = $7,816.9943

7 0
2 years ago
Other questions:
  • A sporting goods store discounts every item in its store based on the original price of the item. An item is discounted: 10% if
    7·1 answer
  • Nate, a production worker in a doll manufacturing plant, recently changed positions on the manufacturing line from painting the
    10·1 answer
  • Under what circumstance might you receive a tax fund from the IRS
    13·1 answer
  • The minimum level of exercise required to achieve some health benefits is termed ________
    5·1 answer
  • Treetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 13, 2017. It sells the wood to Buildit and
    5·1 answer
  • You find that you have significatantly overcharged one of your clients. The error was discoverd by you when you recieved payment
    14·1 answer
  • Walter is the manager of sales operations at Woode Industries. He has to define the sales goals for the forthcoming financial ye
    14·1 answer
  • Auto insurance is needed primarily because of __________. (points : 2)
    11·1 answer
  • What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-h
    14·1 answer
  • John paid $60,000 to replace the roof on a warehouse he used in his business. In addition, he spent $12,500 to demolish and remo
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!