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earnstyle [38]
3 years ago
15

You purchased 250 shares of a particular stock at the beginning of the year at a price of $104.32. The stock paid a dividend of

$2.34 per share, and the stock price at the end of the year was $113.65. What was your dollar return on this investment?
Business
1 answer:
Lunna [17]3 years ago
4 0

Answer:

$2917.50

Explanation:

The computation of the dollar return is shown below:

= (Stock price at the end of the year - Stock price at the beginning of the year + Dividend paid) × number of shares purchased

= ($113.65 - $104.32 +$2.34) × 250 shares

= $11.67 × 250 shares

= $2917.50

We simply added the stock price at the end of the year, dividend paid and deducted the stock price at the beginning of the year, then multiply it with the number of shares purchased so that the correct amount can come.

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Is a flat tax a proportional tax? a. Yes c. It depends on the level of income. b. No d. Only if it adds value to the products at
Tanya [424]

Answer:

a. Yes

Explanation:

A flat tax charges the same flat rate for people in certain income brackets, so the amount charged is proportional to earnings based on which bracket you fall under.

4 0
3 years ago
Suppose you just won the state lottery, and you have a choice between receiving $3,025,000 today or a 20-year annuity of $250,00
Georgia [21]

Answer:

r = 5.35%

Explanation:

Given:

  • n = 20
  • PV = -$3,025,000 (the amount you should have if you receive a lump-sum today)
  • PMT = $250,000

To find the rate of return that built into the annuity, we can use Excel with following information of the function:

=rate(nper, pmt, -PV)

<=> rate (20,250000, -3025000 )

<=> r = 5.35%

Hope it will find you well.

8 0
3 years ago
Your parents will retire in 19 years. They currently have $300,000, and they think they will need $1 million at retirement. What
Svetlanka [38]

Answer:

rate = 6.54%

Explanation:

we need to find the rate at which a capital of 300,000 becomes 1,000,000 in a period of time of 19 years.

<u>So we build the following equation:</u>

300,000 (1+r)^{19} =1,000,000

(1+r)^{19} =1,000,000 \div 300,000

r=\sqrt[19]{1,000,000 \div 300,000}-1

rate = 0.065417765 = 6.54% after rounding

This will be the rate my parent will require to generate 1,000,000 in 19 years with their current savings of 300,000.

3 0
3 years ago
A conservation organization conducted several negotiations with the government to prevent the dissemination of mercury in severa
Kryger [21]

Answer:

grassroots

Explanation:

From the question we are informed about A conservation organization conducted several negotiations with the government to prevent the dissemination of mercury in several food products. Since the negotiations with the government were unsuccessful, the organization prepared a press release and used its website, social media, and email to reach its audiences to support its cause. In this case, the term used to define the organization's approach is grassroots lobbying because it resorted to indirect tactics to achieve its goal.

Grassroots lobbying can be regarded as an approach which is separated from direct lobbying using the act or process that involves asking out general public so they can contact legislators as well as government officials partaining to any issue that is at hand, this act is different from conveying the issue or message at hand directly to the legislators.

3 0
3 years ago
What value do marketing channels bring to the customer?
Anvisha [2.4K]
Marketing channel's provide value in that they offer financing options for both the end user and the wholesaler
4 0
3 years ago
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