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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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2 years ago
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Ally Bank has more than $95 billion in customer deposits but has no brick-and-mortar locations. The bank provides high levels of
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These illustrations highlight the influence of competitive elements as a component of the external environment.

<h3>Is competition a part of the external environment?</h3>

By definition, the external environment includes all external forces and influences that have an impact on how businesses operate. Competitive, political, technological, and economic issues are included in the business environment variables.

<h3>What does external competition entail?</h3>

A business competes and operates in a dynamic external system known as a competitive environment. The marketplace in which you compete will be more competitive the more vendors there are of a given good or service.

<h3>Which elements influence the competitive environment?</h3>

From a microeconomics perspective, there are five fundamental variables that might affect competition: the characteristics of the product, the number of sellers, entrance barriers, the accessibility of information, and location.

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2 years ago
Blossom Furniture Company started construction of a combination office and warehouse building for its own use at an estimated co
motikmotik

Answer:

weighted average rate: 11.14%

capitalize interest (avoidable interest) 421,270.24‬ dollars

Explanation:

construction related loan:

4,400,000 12%  =     528,000

general use:

3,080,000 10%  =    308,000

<u>2,200,000</u> 11%  =   <u>  242,000</u>

9,680,000  1,078,000

weighted-average rate: 1,078,000 / 9,680,000 = 0.111363636 = 11.14%

capitalize interest:

weighted-average amount of accumulated expenditures x w/a rate:

3,781,600 x 11.14% = 421,270.24‬

6 0
3 years ago
Ten years ago, a smoothle at Kay's Smoothies cost $1.25. Today it costs $2.00. In order to attribute this price increase of smoo
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Answer:

OD. The price of other products would need to have increased.

Explanation:

Inflation is defined as the decline of the purchasing power of a particular currency over a period of time. Which means that if a product cost $1 last two years and now costs $2 now, and its effect is also felt among other commodities, then inflation is confirmed as it is not limited to a particular product.

Therefore, if ten years ago, a smoothie at Kay's Smoothies cost $1.25 and today it costs $2.00, in order to attribute this price increase of smoothies at Kay's to inflation, the price of other products would need to have increased.

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3 years ago
Marina, Inc., acquires 1 million shares of its own $1 par value common stock at $70 per share. It later resells the 1 million sh
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Answer:

c. credit to Additional Paid-in Capital

Explanation:

The journal entry to record the difference is shown below:

Cash A/c Dr $75 million

      To Treasury stock A/c $70 million    (1 million shares × $70 per share)

      To Additional paid in capital - in excess of par $5 million

(Being the issuance of treasury stocks is reported and the amount remaining is credited to the additional paid-in capital account)

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3 years ago
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