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REY [17]
3 years ago
6

Bob likes to buy and sell things. Assume Bob made the following transactions: he bought an antique for $300 and sold it for $500

; he bought shares of stocks for $1,000 and sold the shares for $500; and he bought a car for $9,500 and sold it for $9,800. Overall, Bob:______.A. Made a gain.B. Incurred a loss.C. Broke even.D. Earned a $200 dividend.
Business
1 answer:
Arisa [49]3 years ago
8 0

Answer:

Broke even

Explanation:

Since it is given that

The antique bought at $300 and it sold for $500 so it reflects the profit of $200 as sale price is more than the purchase price

The shares of stock bought for $1,000 and it sold for $500 that reflects the loss of $500 as purchase price is more than the sale price

Now if the car is bought for $9,500 and the car sold for $9,800 that reflects the profit of $300  as sale price is more than the purchase price

So, the total profit is $500 and the total loss is $500.

Therefore, this is a break even where there is no loss or no gain

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In most​ cases, the company is not simply seeking a sale.​ rather, it wants to engage the customer over the long haul in a​ ____
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3 years ago
Now suppose that Rowe has an argument with her husband and wants to withdraw, and what effect would it have on the LLC?
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4 0
1 year ago
A bachelors degree in which of the following areas is a good choice for an arts an communication manager?
Alenkasestr [34]
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I hope this helped :)
5 0
2 years ago
Fama’s Llamas has a WACC of 9.7 percent. The company’s cost of equity is 12 percent, and its pretax cost of debt is 7.5 percent.
Bezzdna [24]

Answer:

0.4766

Explanation:

Given:

WACC = 9.7%

Company’s cost of equity = 12%

Pretax cost of debt = 7.5%

Tax rate = 35%

Now,

WACC

=  Weight × Cost of equity + (1 - weight) × Pretax cost of debt × (1-tax rate)

or

0.097 = weight × 0.12 + ( 1 - weight ) × 0.075 × (1 - 0.35)

or

0.097 = 0.12 × weight + 0.04875 - 0.04875 × weight

or

0.04825 = 0.07125 × weight

or

weight = 0.6772

also,

weight = \frac{\textup{Equity}}{\textup{Debt + Equity}}

or

\frac{\textup{1}}{\textup{weight}}  = \frac{\textup{Debt+equity}}{\textup{Equity}}

or

\frac{1}{0.6772} = \frac{\textup{Debt}}{\textup{Equity}}  + 1

or

1.4766 = \frac{\textup{Debt}}{\textup{Equity}}  + 1

or

\frac{\textup{Debt}}{\textup{Equity}}  = 0.4766

5 0
3 years ago
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