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zimovet [89]
3 years ago
12

Leo purchased a stock for $47.10 a share, received a $1.74 dividend per share and sold the shares for $50.10 a share. During the

time he owned the stock, inflation averaged 3.1 percent. What is his approximate real rate of return on this investment?A. 6.30%B. 6.96%C. 7.18%D. 9.69%E. 10.06%
Business
1 answer:
kondaur [170]3 years ago
4 0

Answer:

6.96%

Explanation:

Find nominal expected return;

Nominal expected return =  [(Dividend + New Price -Old Price) /Old price]*100

= [ (1.74 +50.10 - 47.10) / 47.10 ]*100

= (4.74 / 47.10)* 100

= 0.100637 *100

=10.0637%

Real rate of return = Nominal return - inflation rate

Inflation rate = 3.1%

Real rate of return = 10.0637% - 3.1%

= 6.96%

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Venus Inc., a manufacturer of canned meat, tried to market its canned beef products in India. Since cows are considered sacred i
Dafna11 [192]

Answer:

cultural

Explanation:

Based on the scenario being described it can be said that this  indicates that Venus Inc. did not understand the cultural environment in India. A cultural environment are the different beliefs, practices, behaviors, and norms that exist in a society. Cows being sacred is a belief in Indian culture, and the lack of this knowledge is what caused the marketing strategy to fail.

4 0
2 years ago
Read 2 more answers
Amanda, the sales manager at an e-commerce fashion site, decides the annual, monthly, and weekly targets of all the salespersons
enot [183]

Answer:

The correct answer is B: Planning.

Explanation:

Planning is a key fundamental management function. It is deciding beforehand how are you going to achieve the objectives previously determined. Planning is deciding what needs to be done, when, who and how.

In this case, Amanda set the targets of the salesperson in order to achieve the organizational goals. By planning the sales required, she believes it will take her a step closer to the goals of the period.

4 0
3 years ago
for each of the following, indicate whether you would quote from the original e-mail in your response. (select all that apply) t
Makovka662 [10]

The options where it is most appropriate to quote from the original email are;

Option A - To make changes to a distributed meeting agenda;

Option B - To suggest changes to the new proposed office budget

Option C - To confirm participation on a new project.

<h3>Why is it important to quote from an original email?</h3>

Quoting or citing or replying to an original email helps to ensure the following:

  • That the text being sent as a reply is considered within the context of the original one
  • To provide room for reinforcing previously sent communication
  • To allow for comparison of related text
  • To allow corrections to a referenced idea
  • To allow reference to an original thought or idea.

<h3>What is a quote?</h3>

To quote means to reference anything as proof. Quote may also be used as a verb and a noun. To quote something or someone means to repeat exactly what they said or to recite exactly what is written in a book.

Learn more about electronic communication:
brainly.com/question/20731943
#SPJ1

Full Question:

For each of the following, indicate whether you would quote from the original e-mail in your response. (Select all that apply)

A) To make changes to a distributed meeting agenda

B) To suggest changes to the new proposed office budget

C) To confirm your participation on a new project

D) To start a new discussion about getting extra resources for a project

7 0
1 year ago
Highly Suspect Corp. has current liabilities of $450,000, a quick ratio of .89, inventory turnover of 6.5, and a current ratio o
nikitadnepr [17]

Answer:

See below

Explanation:

First , we will compute current ratio

Current ratio = Current asset / Current liabilities

1.25 = Current ratio / $415,000

Current asset = $415,000 × 1.25

Current assets = $518,759

Next is to calculate quick ratio

Quick ratio = Current asset - Inventory / Current liabilities

0.79 = $518,750 - Inventory / $415,000

0.79 × $415,000 = $518,750 - Inventory

$327,850 = $518,750 - Inventory

Inventory = $518,750 - $327,850

Inventory = $190,900

Inventory turnover = Cost of goods sold / Inventory

9.5 = Cost of goods sold / $190,900

Cost of goods sold = 9.5 × $190,900

Cost of goods sold = $1,813,550

3 0
3 years ago
Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the
irinina [24]
It would be 1600 because the 20 percent keeps the bank from loaning the rest
3 0
3 years ago
Read 2 more answers
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