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Assoli18 [71]
2 years ago
13

To expand her portfolio, Piper recently purchased 400 shares of common stock in the Rail Car Manufacturing Company, a manufactur

ing firm in Nevada. The current market price of RCM’s common stock is $19.45 per share. Piper’s total wealth from her investment in Rail Car Manufacturing Company is ___.
Business
1 answer:
victus00 [196]2 years ago
6 0

Answer:

=$7,780

Explanation:

Calculating Piper's total wealth from her investment

Piper purchase of Common Stock = 400 Shares

The market price of Rail Car Manufacturing Company= $19.45

The total wealth from her investment

= 400 shares x $19.45

=$7,780

The wealth from investment is usually calculated as the value of the shares bought in the company based on the current market price of that shares at the time they were bought.  

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Examine transnet in terms of the characteristics of a monopoly
lukranit [14]
Transnet is South African transportation sector company. This company included freight, logistic, and rail transportation in its business. For a decade, the Transnet Company have enjoyed the monopoly market in fright, logistic, and rail transportation in South Africa. because they control every rail in South Africa back then.
6 0
2 years ago
Earnings per share (EPS)
Marta_Voda [28]

Answer:

The correct answer is letter "D": Is useful in comparing earnings performance for the same company over time.

Explanation:

Earnings Per Share or EPS is a measure of the income of one given company. EPS is determined by subtracting dividends from the company's profit and dividing the amount by the number of outstanding shares. Higher EPS are convenient for institutions since it implies the revenue is being higher which is likely to attract more investors.

8 0
3 years ago
Bryant Company has a factory machine with a book value of $93,100 and a remaining useful life of 5 years. It can be sold for $27
NISA [10]

Answer:

The old machine should be replaced.

Explanation:

Note: See the attached excel file for the the analysis showing whether the old machine should be retained or replaced.

From the attached excel file, the following calculation are made:

Variable Manufacturing cost of Retain = Initial Variable Manufacturing cost * remaining useful life of old machine = $592,600 * 5 = $2,963,000

Variable Manufacturing cost of Replace = New Variable Manufacturing cost * Remaining useful life of new machine = $505,500 * 5 = $2,527,500

From the attached excel, it can be observed that the total cost of Retain is $32,200 higher than the total cost of Replace. This therefore implies that the old machine should be replaced.

Download xlsx
6 0
3 years ago
BruceCo competes in the premium coffee market in the San Francisco area. The biggest competitor, Starbucks controls 48% of the m
kicyunya [14]

Answer:

market share

Explanation:

The market share of a product or business is the portion of the total market that it controls. Market share is usually measured as a percentage of the total market's sales. To calculate market share you need to divide your product's total sales by the market's total sales.

In this case, for every $100 sold by the total coffee market in San Francisco, BruceCo sells $1.

5 0
3 years ago
Assume that an investor purchased a put option on BP with an exercise price of $1.900 for $0.0215 per unit. There are 31,250 uni
vladimir1956 [14]

Answer:

a. $203.125

Explanation:

Calculation to determine the net profit/loss on this option to the investor

Net profit/loss=((1.900 - 1.885) - 0.0215)(31,250)

Net profit/loss=(0.015-0.0215)*31,250

Net profit/loss=0.0065*31,250

Net profit/loss=$203.125

Therefore the net profit/loss on this option to the investor will be $203.125

8 0
3 years ago
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