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MArishka [77]
2 years ago
6

You purchased 1,000 shares of stock in Natural Chicken Wings, Inc., at a price of $43.37 per share. Since you purchased the stoc

k, you have received dividends of $.95 per share. Today, you sold your stock at a price of $46.62 per share. What was your total percentage return on this investment?
Business
1 answer:
leonid [27]2 years ago
4 0

Answer:

9.68%

Explanation:

Percent Return on Investment is calculated as Net Profit / Cost of Investment x 100

Net Profit= $46,620 (1,000 x $46.62 per share) + $950 (1,000 x $.95 per share) - $43,370 (1,000 x $43.37 per share) = $4,200

Cost of Investment= $43,370 (1,000 x $43.37 per share)

Percent Return on Investment=  $4,200 / $43,370 x 100 = 9.68%

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Assume that a lessor applies the five criteria to a lease involving equipment and determines that a lease should be classified a
Vaselesa [24]

Answer:

Debit to Lease receivable for the sum of the cash payments over the term of the lease.

Explanation:

Lease payments are classified as an asset receivable to the lessor in the future. Hence we debit lease receivable.

4 0
3 years ago
Calculate Payroll
musickatia [10]

Answer:

A.1830

B.$1397.75

Explanation:

A.Gross pay

Formula for Gross pay

Gross pay = regular pay + overtime pay

= (40*30)+(14*30*1.5)

=1200+630

= $1830

Part B

B.Net pay

Formula for Net pay

Net pay = gross pay – social security tax – medicare tax – federal income tax

= 1830-(1830*6.0%)-(1830*1.5%)-295

=1830-109.8-27.45-295

= $1397.75

7 0
3 years ago
Your boss has asked you to calculate the profitability ratios of Cold Goose Metal Works, Inc. and make comments on its second-ye
Alinara [238K]

Answer:

Gross Margin % 59.2% 53.8%

 compares gross profit to sales revenue  

 

Ne income Margin 32.0% 28.9%

 compares net income to sales revenue  

 

ROA return on assets 10.8% 12.3%

net earnings relative to the company’s total assets.  

 

ROE return on equity 32.5% 23.1%

net income relative to stockholders’ equity,  

Explanation:

Net Sales                                                         3,810,000 3,000,000

Operating costs less depreciation/amortization 1,365,000 1,267,500

Depreciation and amortization                            190,500 120,000

Total Operating Costs                                        1,555,500 1,387,500

Operating Income (or EBIT)                               2,254,500 1,612,500

Less: Interest                                                           225,450 169,313

Earnings before taxes (EBT)                               2,029,050 1,443,187

Less: Taxes (40%)                                                   821,620 577,275

Net Income                                                           1,217,430 865,912

 

assets 11,277,600 7,050,000

Equity 3,750,000 3,750,000

 

Gross Margin % 59.2% 53.8%

 compares gross profit to sales revenue  

 

Ne income Margin 32.0% 28.9%

 compares net income to sales revenue  

 

ROA return on assets 10.8% 12.3%

net earnings relative to the company’s total assets.  

 

ROE return on equity 32.5% 23.1%

net income relative to stockholders’ equity,  

8 0
3 years ago
6. The split-level home is a variation of the
grigory [225]

Answer:

O C. Victorian house.

4 0
3 years ago
Read 2 more answers
Let $S$ be the set of complex numbers of the form $a + bi,$ where $a$ and $b$ are integers. We say that $z \in S$ is a unit if t
lakkis [162]

Answer:

Number of units possible in S are 4.

Explanation:

Given <em>S</em> is a set of complex number of the form a+bi where <em>a</em> and <em>b</em> are integers.

z\in S is a unit if w\in z exists such that zw=1.

To find:

Number of units possible = ?

Solution:

Given that:

zw = 1

Taking modulus both sides:

|zw| = |1|

Using the property that modulus of product of two complex numbers is equal to their individual modulus multiplied.

i.e.

|z_1z_2|=|z_1|.|z_2|

So,

|zw| = |1|\\\Rightarrow |zw| =|z|.|w| =1\\\Rightarrow |z|=\dfrac{1}{|w|}......... (1)

Let z=a+bi

Then modulus of z is   |z| = \sqrt{a^2+b^2}

Given that a and b are <em>integers</em>, so the equation (1) can be true only when |z| = |w| =1 (Reciprocal of 1 is 1). Modulus can be equal only when one of the following is satisfied:

(a = 1, b = 0) ,  (a = -1, b = 0), (a = 0, b = 1) OR (a = 0, b = -1)

So, the possible complex numbers can be:

1.\ 1 + 0i = 1\\2.\ -1 + 0i = -1\\3.\ 0+ 1i = i\\4.\ 0 -1i = -i

Hence, number of units possible in S are 4.

6 0
3 years ago
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