All categories

3 years ago

Five years of realized returns for BLM are given in the following table.

Business

1 answer:

Anastasy [175]3 years ago

5 0

Answer:

The correct answer is 6.35%.

Explanation:

According to the scenario, the given data are as follows:

Stock return for 2012 = 6.25%

Stock return for 2013 = 4.25%

Stock return for 2014 = 7.50%

Stock return for 2015 = 10.50%

Stock return for 2016 = 3.25%

Number of years = 5

So, we can calculate the average return by using following formula:

Average return = Sum of all stock return ÷ Number of years

= (6.25% + 4.25% + 7.50% + 10.50% + 3.25%) ÷ 5

= 31.75% ÷ 5

= 6.35%

You might be interested in

Which of the following is not one of the factors to consider in determining whether a business entity meets the definition of a

alexgriva [62]

2. It engages in business activities from which it may earn revenues and incur expenses.

3 0

3 years ago

Tim Company had sales of $30,000, increase in accounts payable of $5,000, decrease in accounts receivable of $1,000, increase in

ipn [44]

Answer:

$31,000

Explanation:

decrease in accounts receivable = $1,000

Sales = $30,000

Cash collected from customers = Sales plus decrease in accounts receivables

= $30,000 + $1000

= $31,000

The decrease in account receivables represents the collection of cash from a customer. If sales amount to $30,000, all must have been collected in cash hence no amount was outstanding to increase receivables. Hence the addition of the two items gives the cash collected from customers.

5 0

3 years ago

Refer to the following selected financial information from our company. Compute the company's profit margin for Year 2.

Marianna [84]

Answer:

a. 14.1%

Explanation:

Year 2

Net Profit Margin = Earnings Before Tax / Sales × 100

= $ 67,250 / $478,500 × 100

= 14.05 or 14.1 %

3 0

3 years ago

A bowling alley charges each person $2 to rent shoes and $3 per game. Which function represents The rate of change of the functi

scZoUnD [109]

Answer:

The function is, y = 2 + 3x

The rate of change of the function is 3.

The y-intercept of the function is 2.

Explanation:

Given,

For each person,

The cost of renting shoes = $ 2,

Additional cost per game = $ 3,

Thus, the total charges for x games, ( say y ) = rent + additional cost for x games

⇒ y = 2 + 3x

Which is the required function,

∵ y = 2 + 3x is a line,

We know that,

The rate of change for a line y = mx + c is m.

Thus, the rate of change of the function is 3.

Now, for y-intercept,

x = 0,

y = 2 + 3(0) = 2

So, y-intercept of the function is 2.

6 0

3 years ago

A(n) __________ is money set aside by formal action for a specific use.

lora16 [44]

A) appropriation <span>is money set aside by formal action for a specific use. appropriation casework bill constituent</span>

8 0

3 years ago