1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mamont248 [21]
3 years ago
8

One year ago, you purchased 300 shares of Southern Cotton at $32.60 a share. During the past year, you received a total of $280

in dividends. Today, you sold your shares for $35.80 a share. What is your total return on this investment?
Business
1 answer:
Harlamova29_29 [7]3 years ago
3 0

Answer:

Total Return on investment=12.678%≅12.68%

Explanation:

Given;

Number of Shares= 300

Purchasing price of each share=$32.60

Total Dividends= $280

Selling price of each share= $35.80

Find:

Total Return on investment=?

Solution:

Total Return on investment=\frac{(Selling\ Price-Purchase\ Price + \frac{Total\ Dividends}{Shares})}{Purchase\ Price}

Total\ Return\ on\ investment=\frac{\$35.80-\$32.60 +\frac{\$280}{300}}{\$32.60} \\

Total Return on investment=0.12678

In Percentage:

Total Return on investment=12.678%≅12.68%

You might be interested in
Describe some of the actions taken by the monsanto corporation to control the seed industry:
koban [17]
<span>Some of the actions taken by the Monsanto Corporation to control the seed industry are: Purchasing of competing seed companies. Application of patents on Monsanto seeds. Forcing farmers to purchase new seed yearly instead of re-sowing existing seed. And lobbying for legislation in seed handling that favors Monsanto's processes.</span>
4 0
3 years ago
Read 2 more answers
South Carolina is facing budget cuts. The number of employees needs to be reduced over the next three years at all state agencie
choli [55]

<u>Answer:</u> This approach is called attrition.

<u>Explanation:</u>

Attrition is the process of reducing the workforce of the company due to various reasons. Here South Carolina has lot of budget constraints which forces the state to reduce the in take of new employees. This approach can also be called as hiring freeze so that the payroll can be reduced instead of doing layoffs.

The strength of the state is reduced in order to reduce the expenses and money pay outs. When there is a deficiency in the budgets actions have to be taken accordingly to minimize the effects.

8 0
3 years ago
Southern home cookin' just paid its annual dividend of $0.65 a share. the stock has a market price of $13 and a beta of 1.12. th
Elden [556K]

Cost of Equity as per CAPM = rf +beta*(rm-rf)

rf = risk free rate = 2.5%

beta =1.12

rm-rf = market risk premium = 6.8%

Cost of equity = 2.5+ 1.12*6.8 = 10.116% = 10.12%

5 0
3 years ago
Why has the chinese economy grown so rapidly in the recent years 1 pont?
const2013 [10]
Manufacturing and Industry has significantly boosted China's economy. 
6 0
3 years ago
There are seven commonly used organizational buying criteria. one of them is __________. select one:
Nina [5.8K]
<span>Of the seven commonly used organizational buying criteria, consumer demand is very important. If the consumer wants the product and is sure to purchase the product, organizational financial goals are likely to be met as the product will quickly sell.</span>
6 0
3 years ago
Other questions:
  • Bargain Central ​Furniture, Inc. completed the following treasury stock transactions in 2016​: LOADING...​(Click the icon to vie
    12·1 answer
  • Charmingbells inc. has been running into a loss gradually, but the board of directors are reluctant to shut the company down bec
    7·2 answers
  • If total liabilities decreased by $26,185 during a period of time and owner's equity increased by $33,571 during the same period
    7·1 answer
  • Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the
    11·1 answer
  • Crane Company acquired a tract of land containing an extractable natural resource. Crane is required by its purchase contract to
    9·1 answer
  • The Patriot Act requires that telecommunications carriers and manufacturers of telecommunications equipment modify and design th
    5·1 answer
  • During year five, estimated tax payments of$225,000 were paid and debited to prepaidtaxes. There were no differences betweenfina
    14·1 answer
  • I NEED AN ANSWER REALLY QUICK Why should I take personal finance
    12·1 answer
  • The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.52 per share on its stock. The dividends are expected to grow at
    11·1 answer
  • Itemise the importance of marketing in an economy <br><br>​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!