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IceJOKER [234]
4 years ago
9

You purchased 290 shares of a particular stock at the beginning of the year at a price of $75.53. The stock paid a dividend of $

1.05 per share, and the stock price at the end of the year was $82.04. What was your dollar return on this investment
Business
1 answer:
Blizzard [7]4 years ago
4 0

Answer:

$2,132.40

Explanation:

Dollar return also known as Return on Investment (ROI) is the return realized on a investment over a period of time

The Formula is = (End value-Beginning value+Dividend) * Unit Purchased

Dollar return= (82.04 - 75.53 + 1.05) *290

Dollar return = 7.56 * 290

Dollar return = $2,132.40

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Ivanshal [37]

Explanation:

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7 0
3 years ago
Suppose the black market shrinks because firms shift to the formal sector, but production remains the same. GDP
nikdorinn [45]

Answer: will increase but this will not affect living standards

Explanation:

GDP is sometimes called an incomplete measure because there are certain measures that it does not include such as the black market.

If firms in the black market shift to the formal sector, they will now be included in GDP which means that GDP will increase.

The living standards of people in the country will probably not change however because the firms involved were simply shifting sectors and are not said to be more or less prosperous as a result. Assuming they remained the same, nothing changes for living standards.

4 0
3 years ago
The point where P1 and Q1 intersects represents the
Lena [83]
Good evening, Benedettoanna24!

The point where P1 and Q1 intersects represent the equilibrium (Q) price, a price that represents the same amount of supply and demand in the market of that product.

I hope this answer has satisfied your needs, and if you have anymore questions, feel free to ask. Have a good night!
5 0
4 years ago
What contribution does the retail sector make to the UK economy ?
Rama09 [41]

Answer:

The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy. 14% of all UK investment made by large non financial-sector firms is made by large retailers. Retailers purchase around £180bn worth of goods for resale, supporting £47bn of output from other sectors.

8 0
3 years ago
Read 2 more answers
Consider Derek's budget information: materials to be used totals $65,100; direct labor totals $198,700; factory overhead totals
egoroff_w [7]

Answer:

cost of goods manufactured= $653,500

Explanation:

Giving the following information:

Consider Derek's budget information: materials to be used totals $65,100; direct labor totals $198,700; factory overhead totals $393,700; work in process inventory January 1, $188,500; and work in progress inventory on December 31, $192,500.

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5 0
4 years ago
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