Answer and Explanation:
Average return = (Closing Price + Dividend - Opening Price) / Opening Price
For 1st year:
0 Return
For 2nd year:
($48.41 + $0.69 - $43.43) / $43.43 = 0.130
For 3rd year
($57.33 + $0.72 - $48.41) / $48.41 = 0.199
For 4th year:
($45.41 + $0.80 - $57.33) / $57.33 = -0.194
For 5th year
($52.33 + $0.85 - $45.41) / $45.41 = 0.171
For 6th year
($61.41 + $0.93 - $52.33) / $52.33 = 0.191
Arithmetic Return = Sum of all return / Total number of return
= [0.130 + 0.199 + (-0.194) + 0.171 + 0.191] / 5
Arithmetic Return = 9.96%
![Geometric Return = [(1+r1)(1+r2)(1+r3)(1+r4)(1+r5)] ^ {(1/5)}-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B%281%2Br1%29%281%2Br2%29%281%2Br3%29%281%2Br4%29%281%2Br5%29%5D%20%5E%20%7B%281%2F5%29%7D-1)
![Geometric Return = [1.52445]^{(1/5) }-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B1.52445%5D%5E%7B%281%2F5%29%20%7D-1)
Geometric Return = 1.0880 - 1
Geometric Return = 0.0880 = 8.80%
Answer: See explanation
Explanation:
The general journal entries necessary to adjust the interest accounts at December 31 will be:
1. December 31:
Debit: Interest Expenses = $8,000 × 9% × 51/ 360 = $102
Credit: Interest payable = $102
(To accrue interest expenses for the note issued on November 10).
2. December 31:
Debit: Interest Expenses = $12,000 × 10% ×30/360 = $120
Credit: Interest payable = $120
(To accrue interest expenses for the note issued on December 1)
3. December 31:
Debit: Interest Expenses = $12,000 × 10% × 11/360 = $36.67
Credit: Interest payable = $36.67
(To accrue interest expenses for the note issued on December 20).
Canceling a contract for a technicality when market prices are falling is considered a perfectly acceptable and ethical practice. An escalator clause provides for an increase, as well as a decrease, in price if costs change.
The market price rate is the modern-day fee at which an asset or provider can be sold or offered. The marketplace rate of an asset or provider is decided with the aid of the forces of delivery and demand. The fee at which the quantity provided equals the amount demanded is the marketplace charge.
A market charge is a charge triumphing on a specific day or a particular time. it is the end result of marketplace call for and delivery. regular charge, then again, is the end result of a lengthy length call for and lengthy length delivery. marketplace expenses are based upon the interplay of call for and delivery. An equilibrium price is a balance of demand and supply factors.
To take a marketplace charge instance, allow's count on an inventory has bid prices as much as $24.99 and ask prices at $25.01 and above. whilst an investor places a marketplace order to shop for it's going to execute at $25.01. This becomes the marketplace charge and bids will want to transport up to complete the following exchange.
Learn more about market prices here: brainly.com/question/1490249
#SPJ4
I believe it’s false
when interest rates are low, the economy grows and inflation increases. Conversely, when interest rates are high, the economy slows and inflation decreases.
Answer:
Direct material used= $4,900
Explanation:
Giving the following information:
Beginning raw materials inventory $ 3,900
Raw materials purchases 5,400
Ending raw materials inventory 4,400
<u>To calculate the direct material used, we need to use the following formula:</u>
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 3.900 + 5,400 - 4,400
Direct material used= $4,900
