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
Vladimir79 [104]
3 years ago
15

You purchased 500 shares in a mutual fund for $32 NAV. You elected the dividend reinvestment plan and had all dividend and capit

al gains distributions reinvested in additional shares. You just closed your account and sold 550 shares for $48 NAV. What was your total return on this investment?
Business
1 answer:
zloy xaker [14]3 years ago
8 0

Answer:

Return on investment = 50%

Explanation:

Return on Investment is the proportion of investment cost  that an investor earns as as return in dollar

For a mutual fund= total return in dollar/investment cost

                             = (48-32)× 500/(500× 32)  × 100

                            =50%

<em>Note that the gains in dollar is the difference between the selling price at the end and the selling price at the beginnin</em>g.

You might be interested in
The price of a stock today is $100. next year, the stock price will be either $120 or $90. the risk-free rate is 3% per year. wh
fredd [130]
A. The put option price is $4.00
5 0
3 years ago
The knowledge and skill that enable workers to be productive is called a) human capital b) talent capital c) human supply d) tal
Natalka [10]
Looks like the answer is A) human capital
5 0
3 years ago
Why does a country want steady economic growth?
boyakko [2]

Answer:

MORE| JOBS RISES THE MORE INCOMES.

PLZ MARK BRAINLIEST HAVE A GOOD NIGHT.

Explanation:

7 0
4 years ago
Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars).
Shalnov [3]

Answer:

The answer is

1. -$96 million

2. 0.52:1

Explanation:

1. Working capital = total current assets - total current liabilities

Current assets:

Cash. $ 31.9 million

Accounts receivable $21.0 million

Inventory $28.1 million

Other current assets. $23.0 milllion

Total current assets $104.0 million

And current liabilities is$200.0 million

Therefore, working capital is:

$104 - $200

= -$96 million

2. Current ratio = current assets/current liabilities

$104 million / 200 miliion

=0.52:1

3 0
3 years ago
Tại một doanh nghiệp đóng và sửa chữa tàu, sản phẩm thuộc đối tượng chịu thuế GTGT, tính thuế GTGT theo PP khấu trừ. Doanh nghiệ
Arada [10]
Translation

At a shipbuilding and repair company, products are subject to VAT, and VAT is calculated according to the withholding PP. Enterprises import welding rods directly from Kim Tin Co., Ltd.

In the period, there are documents as follows: Deduction of opening balance: KT421 - 2.5 welding rod: 400kg x 19,000 VND/kg Welding rod KT421 - 3.0: 1,200kg x 19,000 VND/kg Welding rod KT6013 - 4.0 : 500kg x 18,800 VND/kg Welding rod GL48 -5.0: 700kg x 20,000 VND/kg

* During the period, there were arising economic transactions as follows:
1. Buying KT421 - 2.52 welding rod .000 kg stocked, unit price excluding VAT% 19,500 VND/kg, unpaid. The cost of loading and unloading is 100 VND/kg, paid in cash.
2. Welding rod KT6013 - 4.0 1,500 kg imported, unit price excluding VAT 10% 19,300 VND/kg, cost before warehousing is 100 VND/kg, not yet paid to seller and loader.
3. Welding rod GL48 -5.0 500 kg in stock, unit price excluding VAT 10% 21,000 VND/kg, unpaid. Shipping cost is 500 VND/kg, paid in cash for the Supplier.
4. Export 1,600kg KT421 - 2.5 welding rod, 500kg KT6013 - 4.0 welding rod for SG125 shipbuilding
5. KT421 - 3.0 welding rod for SG130 shipbuilding is 500 kg; 50 kg used for repair workshop.
8 0
3 years ago
Other questions:
  • A nationwide fast food restaurant is considering adding an innovative new item to its menu. it introduces the item at a few care
    11·1 answer
  • You place half your wealth into tivo stock and the other half into intel bonds. tivo stock's beta = 1.2 and intel bonds' beta is
    12·1 answer
  • During the​ year, EcoWash Corporation has $ 310 comma 000 in​ revenues, $ 95 comma 000 in​ expenses, and $ 6 comma 000 in divide
    7·1 answer
  • Which is the best measurement to use to determine who might have the absolute advantage?
    5·1 answer
  • Abey​ Kuruvilla, of Parkside​ Plumbing, uses 1,220 of a certain spare part that costs ​$26 for each​ order, with an annual holdi
    6·1 answer
  • The Discount on Bonds Payable account is: A. A liability. B. A contra liability. C. A contra expense. D. An expense. E. A contra
    12·1 answer
  • Harrison Inc. applies overhead based on machine hours. Harrison reports the following for the year just ended: Budgeted overhead
    13·1 answer
  • What is the difference between real and nominal gross domestic product. A. Nominal GDP for a given year is measured in dollars o
    9·1 answer
  • Based on Roberts and Schlenker​ (forthcoming), the corn demand elasticity is ε =0.3​, and the supply elasticity is eη= 0.15. Acc
    15·1 answer
  • Which form do independent contractors receive from clients to verify income
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!