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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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Equipment was purchased for $68,000 on January 1, 2013. Freight charges amounted to $2,800 and there was a cost of $8,000 for bu
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a. $26,720

Explanation:

Before computing the accumulated depreciation, first we have to compute the original cost of the equipment, after that the depreciation expense. The calculation is shown below:

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5 0
3 years ago
Which fast food chain did forrest and leroy raffel start in 1964?
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They started Arby's. Thank you for coming to brainly and I hope I was able to answer your question.

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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as ed
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The number of books that will be produced such that the costs from the two methods be the same is 4668 units.

From the complete question, the total cost of the first equation will be:

= 8.25x + 65054

The total cost for the second equation will be:

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Then, we'll equate both equations together and this will be:

8.25x + 65054 = 19.50x + 12539

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The correct answer is <em>The child will experince decreased muscular and neurologic functioning until death occurs</em>.

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Tay-Sachs disease is a rare degenerative disease that affects the brain and central nervous system and is hereditary, autosomal recessive (more common in descendants of Hebrews).

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