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
oee [108]
3 years ago
12

Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? (

Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)Price per Share Shares Outstanding Beginning of Year End of YearKirk, Inc. 35,000 $ 63 $ 69 Picard Co. 32,500 113 122
Business
1 answer:
tatuchka [14]3 years ago
8 0

Answer:

8.54%

Explanation:

Current Index value:

= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value

= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100

= 108.54

Return in percent:

= ( 108.54 - 100 ) ÷ 100

= 8.54%

Therefore, the value-weighted return for the index is 8.54%.

You might be interested in
In the month of July (31 days), a company had an available balance in their deposit account of $4,126,000 and service charges of
anygoal [31]

The amount that the company owe the bank in hard dollar fees, after adjustment for earnings credit is:$1081.

<h3>Amount owe after adjustment</h3>

Using this formula

Amount owe=Service charges-(Deposit balance×(1-Reserve requirement)×ECR× Number of days/Number of days in a year)

Let plug in the formula

Amount owe = 2500 - (4126000× (1-.10)×0.45%×31/365)

Amount owe = 2500 - (4126000×.90×0.45%×31/365)

Amount owe=2500-1,419

Amount owe =$1081

Therefore the amount that the company owe the bank in hard dollar fees, after adjustment for earnings credit is:$1081.

Learn more about Amount owe after adjustment here:brainly.com/question/27489236

#SPJ1

8 0
1 year ago
Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,338. FICA tax for S
deff fn [24]

Answer:

$1,057.86

Explanation:

Payroll taxes include:

  • Social security tax withholdings 6.2% (on the first $132,900 of wages paid) = 6.2% x $8,338 = $516.96
  • Medicare tax withholding 1.45% = 1.45% x $8,338 = $120.90
  • Federal unemployment taxes (FUTA)  0.6%  = $7,000 x 0.6% = $42
  • State unemployment taxes (SUTA) 5.4% = $7,000 x 5.4% = $378

total payroll taxes = $1,057.86

4 0
3 years ago
Crumbie, a cereal company, not only provides nutritional information on the packaging box of its products but also goes a step a
omeli [17]

The answer is: Consumerism

Consumerism refers to a view that encourage the purchase of goods and services. Companies can contribute to consumerism during their marketing campaign. During the campaign, they would do many things to make their products seems desirable , which would encourage the consumers to buy their products.

7 0
2 years ago
5. Firms can measure the success of a new product, by asking three questions. Which of the following is NOT one of these questio
KatRina [158]

Answer:

The correct answer is the third option: Is the product already offered by competing firms?

Explanation:

To begin with, if the a company is looking forward to measure the success of a new product by asking three fundamental questions then the most important ones are those that implicates the satisfaction of the consumers and of the managers that work in the financial area due to the fact that they are the ones who make all the calculates and decide in what to invest, therefore that the success of the product will be achieved if it satisfies the technical requirements of the clients, if it is consider viable and valuable and if the sales were good enough to satify the producer's financial requirements.

6 0
3 years ago
Read 2 more answers
What is a dashboard? What are the elements? and how is it useful for<br> managers?
zmey [24]
These dashboards help teams keep track of the progress and success of company-wide metrics and enable management to make data-driven decisions on future business goals. Management dashboards may include graphs, images, tables, numeric data, and data from case studies, or a combination of these elements.
6 0
2 years ago
Read 2 more answers
Other questions:
  • For a portfolio of 40 randomly selected stocks, which of the following is most likely to be true? a. The beta of the portfolio i
    15·1 answer
  • Lisa sells kitchen furniture through her website. While her sales are stable, she's concerned that they're not keeping pace with
    15·2 answers
  • Retained earnings, $400,000 Treasury stock—common, $20,000 Paid-in capital in excess of par value—common, $55,000 Treasury stock
    15·1 answer
  • Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. According to Keyne
    13·1 answer
  • Positively-framed marketing messages are generally more persausive than negatively-framed marketing messages.
    6·1 answer
  • If real GDP is $150 billion, full employment GDP is $600 billion, and the marginal propensity to consume is 0.8, then Congress s
    12·1 answer
  • What is global standardization strategy​
    13·1 answer
  • Suppose sales increase by 20 percent next month. Calculate the effect that increase will have on her profit. (Round your interme
    13·1 answer
  • Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT INPUT 49,200 cages Production time 630
    10·1 answer
  • An uber ride is considered a ________ because of its intangible nature.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!