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oee [108]
2 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]2 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%.

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If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are:
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Answer:

Recognized as revenues in the debt service fund.

Explanation:

Debt Service fund is a term that is used to describes a form of cash reserve utilized in the payment of interest and principal on specific kinds of debt for a given period. For example, bond premiums are commonly imposed by state law to be moved to debt service funds.

Hence, If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are: Recognized as revenues in the debt service fund.

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Explanation:

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What's price in economics
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the amount of money that has to be paid to acquire a given product.

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What are the best and worst parts of working in international business?
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Suppose there are only two producers of aircraft in the world, AirCraft in the United States and AirEurope in the European Union
Jlenok [28]

Answer:

1. AirEurope should produce if it wants to maximize its profit.

2.  False

Explanation:

New payoffs after subsidy:

Aircraft/ AirEurope               Produce     Not Produce

Produce                                 -3 , <u>6</u>              75 , 0

Not Produce                          0 , 74              0 , 0

With a $9 million subsidy, regardless of whether Aircraft produces or not, AirEurope should<u> produce</u> if it wants to maximize its profit.

The statement is false (Aircraft would earn a negative payoff if it enters).

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