Answer:
-0.67%
Explanation:
We are told that 30 shares of Stock are purchased for $30/share..
This gives a total value of: 30 × 30 = $900.
Now,they are sold for $900 with a commission of $6. This means the final money getting to the seller is; 900 - 6 = $894.
Thus; rate of return percentage = (894 - 900)/894) × 100% = -0.67%
- Katherine had to rush to the bank every few months to borrow more money. She didn't really talk to her banker about her financial situation because she had no trouble getting larger loans. You see, she was always on time with her payments. Katherine always took trade discounts to save money on her purchases. That is, she paid all of her bills within 10 days in order to save the 2% discount offered by her suppliers for paying so quickly.
- Katherine's products were mostly purchased on credit. They'd buy a few lamps and a pot, and Katherine would let them pay overtime. Some were extremely slow to pay her, taking six months or more.
- Katherine noticed a small drop in her business after three years. The local economy was struggling, and many people were losing their jobs. Nonetheless, Katherine's business remained steady. Katherine received a phone call from the bank one day, informing her that she was behind on her payments. She explained that she had been so preoccupied that she had missed the bills. The issue was that Katherine did not have enough money to pay the bank. She frantically called several customers for payment, but none of them could pay her. Katherine had a classic cash flow problem.
<h3>How is it possible to have high sales and high profits and run out of cash while running a business?</h3>
It is entirely possible if you have a high level of accounts receivables and inventory and a low level of accounts payables. A sale is recorded when an invoice is raised, and a shipment is delivered; this does not always imply that you received cash and that it is recorded in your accounts receivable. Similarly, if you keep a lot of inventory, a lot of your money is locked up until the inventory is sold. On the contrary, if your payment terms with your suppliers are less favorable, you will end up paying before your receivables convert to cash. As a result, high sales and profits do not always imply a strong cash position.
Learn more about profit:
brainly.com/question/13050157
#SPJ4
Answer:
$7,000 gift will be worth $19,922 after 17 years ( or 68 quarters) given the discount rate is 6.2% compounded quarterly.
Explanation:
The worth of $7,000 nowadays after 17 years is equal to its future value compounded for the time of 17 years or 68 quarters.
As the discounted rate is 6.2% compounded quarterly, we have:
Compounding period = 17 x 4 = 68; Interest rate = 6.2%/4 = 1.55%.
Apply the formula for future value to determine the value of $7,000 in 17 years as: 7,000 x (1+1.55%) ^68 = $19,922.
Thus, the answer is $19,922.
1. Effective teamwork and high productivity are good indications of positive B. productivity goals.
Because I think the best purpose of effective teamwork will be the productivity goals.
2. John is a new employee at International Widget. Having studied human relations, he's eager to understand the supervisory style employed by his immediate supervisor. Which of the following is not especially important to John's insight?
B. Whether his supervisor enjoys particular sports or hobbies
A unique set of professional skills and attributes that others associate with you is called soft skill.
Using social media, even for non-public use, complicates your courting with your business enterprise. An worker congratulating his enterprise's son on his engagement is an instance of social media complicating relationships among employees and employers.
Professional competencies are career talents and abilities used inside the place of business which can be beneficial for almost any task. professional capabilities are a combination of each hard talents activity specific responsibilities that can be educated and smooth skills transferable trends like work ethic, communique, and leadership
Learn more about professional skills here:-brainly.com/question/26355886
#SPJ4
