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yarga [219]
2 years ago
7

You purchased a share of stock for $29. One year later you received $2.40 as dividend and sold the share for $28. Your holding-p

eriod return was _________.
Business
2 answers:
bekas [8.4K]2 years ago
5 0

Answer:

4.83%

Explanation:

Given that

Income = 28

End of period value = 2.40

Original value = 29

Recall that

HPR = ((Income + (end of period value - original value)) / original value) × 100

Therefore,

HPR = 28 + (2.40 - 29)/29 × 100

= (28 + ( - 26.6) / 29) × 100

= (1.4 / 29) × 100

= 0.04827 × 100

= 4. 83%

mart [117]2 years ago
4 0

Answer:

4.83%

Explanation:

Given that

Income = 28

End of period value = 2.40

Original value = 29

Holding period return is calculated as  Income + (end of period value - original value)) ÷ original value) × 100

Hence to calculate the Holding period value

= 28 + (2.40 - 29)/29 × 100

= (28 + ( - 26.6) / 29) × 100

= (1.4 / 29) × 100

= 0.04827 × 100

= 4. 83%

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A physical count of merchandise inventory on November 30 reveals that there are 82 units on hand. Assuming that the specific ide
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After computing the cost of inventory that was sold, The Cost of Goods sold is given as $1,334.30.

<h3 /><h3>The calculations related to the exercise are as follows:</h3>

From the information provided (see full question attached),

Inventory at hand as at November 1:

  • there are 29 Units of Inventory at the cost of $5.90 dollars each.

Purchases:

  • 118 units are purchased at $6.30 dollars each;
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If at the end of the period there are 25 units each form the purchases above and 7 from the existing inventory as at Nov. 1st, then the cost of goods sold is:


((29-7) X 5.9) +((118-25) x 6.3) + ((59-25) x 6.15) + ((88-25) x 6.5))

= $1,334.30

Learn more about Inventory at:
brainly.com/question/24868116

5 0
2 years ago
When a supplies internal service fund records a billing to the general fund, the journal entry in the internal service fund will
g100num [7]
It would be a spider pig 
5 0
3 years ago
A matrix organization for project management has a distinct advantage because:A) Dual hierarchies mean two bosses.B) A significa
Zanzabum

Answer:

D) Project importance is enhanced by setting authority equal to that of functional departments.

Explanation:

A matrix organization is characterized by, multiple command system and overlapping of command, control and behavioral pattern.

Here, temporary project groups are created so as to handle short term projects. Personnel are drawn from functional department and their activities are controlled and coordinated by a project manager.

Once a project is completed, the structure is disbanded and the personnel return to their original departments i.e functional department.

During the project duration, a person is responsible and reports to two bosses, one being the project manager and secondly to the functional boss. Thus, under such a structure exists dual reporting.

Under matrix structure for project management, the project manager is not allowed to use resources exclusively for the project i.e like in project management. Rather, such a manager is required to share resources with the organization.

8 0
3 years ago
Century Real Estate’s primary broker is John Kerr. John is licensed as the broker of that company and he is licensed as a broker
fomenos

Answer:

The broker is doing two different jobs; so it is okay to have two different licenses.

Explanation:

In this case, since the broker is doing two different jobs then it is okay for him to have two different licenses. In a hypothetical case that the individual Broker was doing the same job role for two different companies then that would be considered a form of conflict of interest and may cause problems with both firms in the future. Since this is not the case, then he should not have any problem.

3 0
3 years ago
The situation where the quantity supplied of a good is greater than the quantity demanded at
aliina [53]

Answer:

Excess supply

Explanation:

Demand is the quantity required or requested by buyers while supply is the quantity of a good that a producer is able to supply to the buyer.

When demand is equal to supply there is equilibrium and no excess in demand or supply.

However when the amount supplied exceeds the demand for a product there will be excess product in the market. This is called excess supply.

Conversely when the quantity demanded is more than that supplied it is excess demand

8 0
2 years ago
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