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
yarga [219]
3 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]3 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]3 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%

You might be interested in
Universal Travel Inc borrowed $500,000 on November 1, 2018 and signed a twelve month note bearing interest at 6% Principal and i
horrorfan [7]

Answer:

Interest will be $5000

So option (A) will be correct option

Explanation:

We have given principal amount P = $500000

Rate of interest = 6 %

Time is November 1 to December 31

So time = 2 months = 0.1666 year

Interest is given by

Interest =\frac{principal\ amount\times rate\times time}{100}=\frac{500000\times 6\times 0.1666}{100}=$5000

So option (a) will be correct option

4 0
3 years ago
All of the following are true about time series methods EXCEPT a. they discover a pattern in historical data and project it into
motikmotik

Answer:

B. they involve the use of expert judgement do develop forecasts

Explanation:

A time series is a series of events that is spaced equally in time. It is a statistical technique used to identify a time based trend of events and them make forecast using data from the trend/time series.

Time series requires certain processes which include discovering of a pattern in the historical data, projection of the historical data into the future, assumption that the pattern will remain the same(constant) as the time goes by, etc.

In time series method, since historical data is the point of reference for making a forecast, no expert judgements is required to develop forecasts. This is because once the data of the series from the past has been taken and a trend/pattern has been identified, that becomes the basis for future forecasts.

Cheers.

8 0
3 years ago
Sheffield Corp. started the year with total assets of $220000 and total liabilities of $130000. During the year the business rec
Thepotemich [5.8K]

Answer:

Net Income for the year is $95,000.

Explanation:

The income which is calculated by deducting all the related expense from the revenue even after interest and taxes. Net Income is the amount which is available to distribute amount the stockholders, either preferred or common.

As we know

Net Income = Revenue - Expenses

Revenue = $164,000

Expenses = $69,000

Net Income = $164,000 - $69,000

Net Income = $95,000

6 0
3 years ago
Read 2 more answers
Hodgkiss Mfg., Inc., is currently operating at only 95 percent of fixed asset capacity. Current sales are $800,000. Fixed assets
Norma-Jean [14]

Answer:

$4,292,699.99

Explanation:

Calculation to determine How much in new fixed assets are required to support this growth in sales

Full capacity sales = $800,000/0.95 = $842,105.26

Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000

Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99

3 0
3 years ago
Fast Fine Foods markets some of its products to consumers looking for simple, quick meals. Fast Fine Foods also offers another l
wlad13 [49]

Answer:

<u>Market segmentation.</u>

Explanation:

Market segmentation is a process used by an organization that divides its potential customer according to tastes, needs and characteristics and similarities between customer groups, with the aim of directing the marketing strategy and product line to each customer group. identify their particularities to meet their own needs more effectively.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Wanda is organizing an Employee Appreciation Day event and is soliciting vendors to provide food and drinks. There are 638 emplo
    13·1 answer
  • Checking and rechecking work for mistakes is an example of
    7·2 answers
  • Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales b
    9·1 answer
  • Many ironworkers are also experienced in what other skills? (Select all that apply.)
    8·1 answer
  • Long Construction Company uses the percentage-of-completion method of accounting for long-term construction contracts. During 20
    7·1 answer
  • Which of the following is true of retaliation in workplaces?
    10·1 answer
  • When your bank or credit card company sends you a notification of changes in how it collects or shares data, it is sending that
    12·1 answer
  • Spring is here, and Brian and his grandfather would like to go fishing for the weekend in Vermont. Brian could either go to the
    7·1 answer
  • The practices that organizations and their managers use for identifying, creating, acquiring, developing, dispersing, and exploi
    11·1 answer
  • Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1234.00 and have not been paid
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!