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lyudmila [28]
3 years ago
12

If Penny bought a stock for $80 dollars and could sell it 15 years later for 4 times what she originally paid, what is Penny’s r

eturn on owning this stock? (Enter your answer as a whole percentage (e.g. .35 should be entered as 35).)
Business
1 answer:
Anna11 [10]3 years ago
5 0

Answer:

10%

Explanation:

Data provided in the question

Purchase value of the stock = $80

Number of years = 15

Times = 4

So, the return on owning this stock is

= Number of times^(1 ÷ number of years) - 1

= 4^(1÷15) - 1

= 4^0.0666666667  - 1

= 1.0968249797  - 1

= 0.0968249797

= 10% round off

All other things that are mentioned in the question is not relevant. Hence, ignored it

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Which best compares and contrasts Management and Marketing?
sertanlavr [38]

Answer:

hello

takip et beni lütfen

7 0
3 years ago
On january 1, year 2, kincaid company's accounts receivable and the allowance for doubtful accounts carried balances of $31,000
Gala2k [10]

Answer:

$27,725

Explanation:

Given that,

kincaid company's accounts receivable = $31,000

Allowance for doubtful accounts at January 1 = $500

Wrote off receivables as uncollectible = $550

1% of credit sales

cash collections of receivables = $74,550

Accounts receivable:

= Accounts receivable at January 1 + Credit sales - Wrote off receivables as uncollectible - Cash collection of receivables

= $31,000 + $72,500 - $550 - $74,550

= $28,400

Accounts for Doubtful Accounts:

= Allowance for doubtful accounts at January 1 - Wrote off receivables as uncollectible + 1% of credit sales

= $500 - $550 + (0.01 × $72500)

= $500 - $550 + $725

= $675

Net realizable value of receivables:

= Accounts receivable - Accounts for Doubtful Accounts

= $28,400 - $675

= $27,725

Therefore, the net realizable value of receivables appearing on kincaid's year 2 balance sheet will amount to $27,725.

3 0
3 years ago
Barry is the branch manager of a large toy store. He has been given the responsibility to communicate with, coach, and motivate
WARRIOR [948]

Answer:

Human Skills

Explanation:

6 0
3 years ago
Identify the set of character traits under the achievement, planning, and power clusters. From each cluster, choose one characte
ValentinkaMS [17]

The set of character traits under the achievement, planning, and power clusters includes: opportunity seeking and initiatives, persistence, fulfilling commitment (commitment to work contract), taking risk (calculated), demand for efficiency and quality, goal seeking, information seeking, systematic planning and monitoring, persuasion and networking, self-confidence and independence

One character trait that in your opinion best describes me is

  • Persistence

One personal experience that demonstrates that trait was;

  • There was a time in my life, I was searching for a job. A friend of mind gave me a job that was not in my field of expertise to work on. He told me how to do it, but I was experiencing some difficulties. But when I think of how cashless I was and how I don't want to give up and disappoint the person who trust me, I put extra effort into studying more concerning the work.
  • I did a very good job of which i was commended for and so i promise myself not to give up but be more persistence in all that i hope to achieve.

For better understanding, let us explain what the Character Traits means

  • Character Trait is simply known as the mark or attribute that set apart an entrepreneur from the owner of an ordinary small business.

  • Achievement Cluster is simply made up of entrepreneurial character traits that are closely linked to the entrepreneur's desire to be an achiever in his/her field of entrepreneurship.

  • Planning Cluster is simply refered to as different characteristics of successful entrepreneurs that basically supports the character traits in the achievement cluster

From the above, we can therefore say that the answer The set of character traits under the achievement, planning, and power clusters includes: opportunity seeking and initiatives, persistence, fulfilling commitment (commitment to work contract), taking risk (calculated), demand for efficiency and quality, goal seeking, information seeking, systematic planning and monitoring, persuasion and networking, self-confidence and independence

One character trait that in your opinion best describes me is

  • Persistence

One personal experience that demonstrates that trait was:

  • There was a time in my life, I was searching for a job. A friend of mind gave me a job that was not in my field of expertise to work on. He told me how to do it, but i was experiencing some difficulties. But when I think of how cashless i was and how I don't want to give up and disappoint the person who trust me, I put extra effort into studying more concerning the work.
  • I did a very good job of which I was commended for and so I promise myself not to give up but be persistence in all I do, are correct

Learn more about character traits from:

brainly.com/question/18597344

6 0
2 years ago
A firm has a tax burden of 0.9,a leverage ratio of 1.1, an interest burden of 0.6, and a return-on-sales ratio of 13%. The firm
Afina-wow [57]

Answer:

the firm's ROE is 20%

Explanation:

The tax burden is 0.9

The interest burden is 0.6

The return on sales margin is 13%

The turnover ratio is 2.62

The leverage ratio is 1.1

Calculate the ROE

ROE = 0.9 * 0.6 * 0.13 * 2.62 * 1.1

=0.2 or 20%

4 0
3 years ago
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