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gtnhenbr [62]
3 years ago
13

Consider that you own the following position at the beginning of the year: 200 shares of US Bancorp at $29.89 per share, 300 sha

res of Micron Technology at $13.31 per share, and 250 shares of Hilton Hotels at $24.11 per share. During the year, US Bancorp and Hilton Hotels both paid a dividend of $1.39 and $0.16, respectively. At the end of the year, the stock prices of US Bancorp, Micron, and Hilton Hotels were $36.19, $13.12, and $34.90, respectively. What are the dollar and percentage return of the stocks and the return of the portfolio
Business
1 answer:
Fynjy0 [20]3 years ago
8 0

Answer:

Dollar return of US Bancorp = $7.69

Explanation:

A Dollar return of US Bancorp = $36.19 - $29.89 + $1.39 = $7.69

Total Dollar return of US Bancorp = $7.69 * 200 = $1,538

Percentage return of US Bancorp percentage return = ($7.69/$29.89) * 100 = 25.72%

B Dollar loss of Hilton Hotels = $13.12 - $13.31 = - $0.19

Total Dollar loss of Hilton Hotels = - $0.19 * 300 = - $57.00

Percentage loss of Hilton Hotels = (-$0.19/$13.31) * 100 = 1.43%

C Dollar return of Hilton Hotels = $34.90 - $24.11 + $0.16 = $10.95

Total Dollar return of Hilton Hotels = $10.95 * 250 = $2,737.50

Percentage return of Hilton Hotels = ($10.95/$24.11) * 100 = 45.42%

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Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit= $38

Unit variable expenses= $14

Total fixed expenses= $42,000

Actual sales for June= 3000 units.

First, we need to calculate the break-even point in dollar using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 42,000/ [(38 - 14)/38]

Break-even point (dollars)= $66,500

Now, we can calculate the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= (3,000*38 - 66,500)

Margin of safety= (114,000 - 66,500)

Margin of safety= $47,500

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E

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Describe key services that the financial system provides to savers. Question 17 options: Economies of scale of information Risk
jeka57 [31]

The answer is all of the above.

Risk sharing, liquidity, and knowledge are the three main services that the financial system offers to both savers and borrowers.

First, people seek steady returns on their holdings.

Investors often maintain a portfolio, or collection of assets, that offers generally consistent returns (diversification).

Risk is a measure of how unpredictable the return on an asset is.

Liquidity is a measure of an asset's ease of movement to be transformed into cash.

In financial markets, the information contains facts about borrowers and expectations of returns on financial assets.

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1 year ago
Ashley opened an all-you-can-eat buffet restaurant. the price per-person was based on what ashley believed an average restaurant
Rudiy27
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3 years ago
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A stock that sold for ​$ per share at the beginning of the year was selling for ​$ at the end of the year. If the stock paid a d
Anestetic [448]

Answer:

137.77%

Explanation:

obviously the numbers are missing, so I looked for a similar question:

"A stock that sold for ​$26 per share at the beginning of the year was selling for ​$52 at the end of the year. If the stock paid a dividend of ​$9.82 per​ share, what is the simple interest rate on the investment in this​ stock? Consider the interest to be the increase in value plus the dividend."

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