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
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%

You might be interested in
Once a company has located several vendors, the next step in the purchasing process is to
jarptica [38.1K]

Answer:

D

Explanation:

4 0
3 years ago
Read 2 more answers
What quickbooks task stores information about customers, vendors, employees, services, and more?
Rufina [12.5K]

List QuickBooks task stores information about customers, vendors, employees, services, and more.

vendors:

  • A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
  • A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
  • A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.

Learn more about vendors here brainly.com/question/24852211

#SPJ4

8 0
1 year ago
Closely held corporations sell shares of stock to the public. <br> True <br> False
aev [14]
The answer to the question is false
4 0
3 years ago
Read 2 more answers
Under absorption costing a company had the following per unit costs when 10,000 units were produced. Direct labor $ 2 Direct mat
Rudiy27

Answer: Total product cost per unit if 12,500 units = $13.

Explanation:

Given that,

Direct labor = $2

Direct material = $3

Variable overhead = $4

Total variable cost = $9

Fixed overhead ($50,000/10,000 units) = $5

Total product cost per unit = $14

Fixed Overhead at 12500 units = \frac{50000}{12500} = $4

∴  Total product cost per unit if 12,500 units = Total variable cost per unit + Fixed Overhead at 12500 units

= 9 + 4

= $13

6 0
3 years ago
Which of the following is NOT a characteristics of good application?
slavikrds [6]

Answer:

C. completed quickly

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • Because advertising is often designed to add ________ value to a product or brand, it plays a more important communications role
    11·1 answer
  • Peachtree company borrows $30,000 from the local bank at 7% interest. the term of the note is five years and the annual payments
    5·1 answer
  • The following information relates to Novak Corp. for the year 2022. Retained earnings, January 1, 2022 $58,560 Advertising expen
    9·1 answer
  • Which of these scenarios is a case of misuse of workplace resources?
    8·2 answers
  • Why does an excise tax on gasoline exist? Check all that apply.
    7·1 answer
  • Pumpkin Inc. sold $500 in pumpkins to a customer on account on January 1. On January 11, Pumpkin collected the cash from that cu
    10·1 answer
  • CHRISTIE IS THINKING ABOUT GETTING A TERM LIFE insurance policy. She currently makes $75,000 a year. Her husband, Chip, is a sta
    8·1 answer
  • What type of business sells to the end consumer
    6·1 answer
  • On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimat
    10·1 answer
  • Explain the term economic activity
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!