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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.

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Barb works in a local factory. She receives 92 cents for each of the first 100 units she produces and $1.01 for each unit over 1
sergij07 [2.7K]

Answer:

The correct answer to the following question is $112.20.

Explanation:

Given information -

Barb receives 92 cents for the first 100 units

And if she produces more than 100 units , then she would receive $1.01 for each of the additional unit she produces

Therefore the amount she earns up to 100 units - .92 x 100

= $92

The amount she earns on the additional units - $1.01 x 20

= $20.20

The total amount she earns = $92 + $20.20

= $112.20

4 0
3 years ago
What is an advantage of permanent life insurance policy
jolli1 [7]

The advantage is the fact that there would not be much issue if one gets an illness anytime in life.

Explanation:

Often, insurance companies do not give insurance to the people who are already in old age or have some serious ailments.

This is because they understand the cost in keeping that insurance is more than that they would be able to recover.

This can be done away with if the person takes lifelong insurance.

Then the company will have to pay for the expenses that come any time in the life of the person no matter any time until they live.

5 0
3 years ago
Carlos needs to combine words in a First Name and a Last Name column. Which of the following functions should he use
pantera1 [17]

Answer:

with space: =A2&" "&B2

without space: =CONCATENATE(A2,B2)

Explanation:

When using Microsoft Excel the function that you would want to use would be the following

=A2&" "&B2

In this function, you will be combining the text in cell A2 and B2 with a space in the middle, you can change to the cells that you want and simply add &" "& in between them to combine them with a space.

If you simply want to combine the words with no space in between them you can use the concantenate function which combines words in two cells into one but without space.

=CONCATENATE(A2,B2)

4 0
3 years ago
Williford Enterprises has purchased common stock from several companies and has classified them as long-term investments. If the
Tomtit [17]

The way they will record the dividends if they use the fair value method vs. the equity method is A. They will report dividends as income under the fair value method but as a reduction in the investment under the equity method.

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

This refers to the shares of a company that denotes a certain ownership percentage for each buyer of the stock.

Hence, we can see that Williford Enterprises has purchased common stock from several companies and has classified them as long-term investments and option A best shows how they would record the dividends.

Read more about the fair value method here:

brainly.com/question/17370892

#SPJ1

5 0
2 years ago
2. How are school rules similar to state and federal laws? What woud the typical American high school be like if there were no r
jenyasd209 [6]
School rules and government rules are very similar, some similarity are no steeling and drugs and an average high school with no rules would be chaotic. 
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