Maria takes home $6900 per month. What is the maximum amount she can

your client began purchasing shares of the gro mutual fund two years ago. she has followed a dollar cost averaging approach by i

Tems11 [23]

The client's average cost per share of GRO is $40.61

<h3>What is the cost per share of stock?</h3>

The most recent price at which a stock has traded is known as the "share price," or market price per share of stock. When the price a buyer is prepared to pay for a stock meets the price a seller is willing to accept for a stock, it happens as a result of market forces. Divide the total cost of the acquisition by the number of shares purchased to arrive at the average price per share.

Given:

Net asset value of fund(X) Number of shares purchased(Y) X×Y

$ 44.44 45 $1,999.80

$ 38.46 52 $1,999.92

$ 33.90 59 $2,000.10

$ 48.78 41 $1,999.98

Total 197 $7,999.80

Client's average cost per share $ 40.61

Average cost per share = 7999.80/197 = $40.61

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5 0

1 year ago

Hielta Oy, a Finnish company, processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp pro

bonufazy [111]

Answer:

the equivalent units of production for materials = 352,616 units,

the equivalent units of production for for labor and overhead (conversion) = 339,304 units

Explanation:

First Determine the physical units that were Completed and Transferred out

<em>Units Completed and Transferred = Units in Opening Work In Process + Units Started During the Year - Units in Closing Work In Process</em>

= 80,400 + 301,400 - 51,200

= 330,600

Calculation of Equivalent Units of Production for

1. Materials

Units Completed and Transferred ( 330,600 × 100%) = 330,600

Units in Closing Work In Process ( 51,200 × 43%) = 22,016

Total Equivalent Units of Production for Materials = 352,616

2. Labor and Overhead

Units Completed and Transferred ( 330,600 × 100%) = 330,600

Units in Closing Work In Process ( 51,200 × 17%) = 8,704

Total Equivalent Units of Production for Conversion = 339,304

3 0

3 years ago

Non price competition price leadership and cartels are models in the ____ market structure(s)

Degger [83]

<span>These are monopoly market structures. This is where the person or company selling items does not face competition and is the only person or company selling the items with no competitor that has a close substitute. This is an imperfect kind of competition.</span>

5 0

3 years ago

A worker is paid $9.80 per hour, with time and a half for any hours over 40 per week. If he works 44 hours in a week, what will

olasank [31]

Answer:

No of hours worked = 44 hours

Pay per hour = $9.80

Pay for overtime = 9.80/2 = $4.60

Overtime hours = 4

Total Pay = (40 × 9.8) + (4 × 4.6)

= 392 + 18.4 = $ 410.4

Gross pay = $392

3 0

3 years ago

Driving at slower speeds than traffic flow _____________ .

blagie [28]

Definitely both B and C

7 0

3 years ago