International Paper Company, MeadWestvaco, and Rubicon, Ltd. Work together and found ArborGen, a new biotechnology company that
1 answer:
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Answer:
B. 5.40 percent
Explanation:
Let today's price per share be $X
Total return = [ (New value + Dividend - Old value) / Old price ] *100
Old value = $24 *540 = $12,960
Next, plug in the numbers to the formula;
0.063 = [ (540X + 117 - 12,960)/ 12,960 ]
0.063 =
multiply both sides by 12,960;
0.063 *12,960 = 540X - 12,843
816.48 = 540X - 12,843
Add 12,843 from both sides and solve for X;
816.48 + 12,843 = 540X
13,659.48 = 540X
Divide both sides by 540;
13,659.48/ 540 = X
X = 25.295
Therefore, today's price per share = $25.30
Capital gains yield= (Today's price - Original price) /Original price
Capital gains yield = (25.295 -24) / 24
=0.05396 or 5.40%
Therefore, Capital gains yield is 5.40%
Answer:
27.3%
Explanation:
rate of retun on assets:
where:
Net income: 112,000
2018 Assets: 410,000
$Assets rate of return 0.2731707317073171 = 27.32%
During 2018 each dollar of assets generate 27.32 cents of income.