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frutty [35]
3 years ago
12

Thomas Partner purchased shares of Bad Wolf Industries on the open January 2 at $116.26 per share. He earned a dividend of $0.41

in March. Thomas kept his dividend in cash - he did not reinvest it. Bad Wolf Industries closed at January: $119.90 February: $123.58 March: $122.08 The total time-weighted rate of return for the calendar quarter is:__________
Business
1 answer:
Hunter-Best [27]3 years ago
3 0

Answer:

time weighted rate of return: 5.36%

Explanation:

We have to calculate the holding rate of return for each month and then mutiply them together:

<u>January:</u>

(119.90 - 116.26)/116.26 = 0.031309135

<u>February:</u>

(123.58-119.9)/119.9 = 0.030692244

<u>March:</u>

(0.41 + 122.08-123.58)/123.58 =  - 0.0088194

(1 + Jan) (1 + Feb) (1 + March) = 1.053587547

now we subtract one to get the wanted rate:

time weighted rate of return: 5.36%

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Answer:

oligopoly

Explanation:

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Using an end-of-period spreadsheet, the flow of accounting information moves from the a.financial statements to the adjusted tri
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C. adjusted trial balance to the financial statements.

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3 0
3 years ago
Aldi, Lidl, Dollar General, and Family Dollar are examples of ________, as they carry a more restricted merchandise mix than dis
liq [111]

Answer:

The correct answer to the following question is Extreme value stores .

Explanation:

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Jubilee's Bakery is budgeting cash for 2017. The cash balance at December 31, 2016, was $6,000. Jubilee's Bakery budgets 2017 ca
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3 years ago
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