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Korolek [52]
4 years ago
14

George Wilson purchased Bright Light Industries common stock for $47.50 on January 31, 2016. The firm paid dividends of $1.10 du

ring the last 12 months. George sold the stock today (January 30, 2017) for $54.00. What is George’s holding period return?
Business
1 answer:
Alona [7]4 years ago
6 0

Answer:

George’s holding period return is 16%.

Explanation:

holding period return = (End value-Beginning value + Dividends)/Beginning value  

                                     = (54 - 47.5 + 1.1)/47.5

                                     = 16%

Therefore, George’s holding period return is 16%.

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At the start of the month, Oak Inc. had 58,000 units of beginning work in process that were 65% complete. Over the course of the
KIM [24]

According to these figures, Oak has more equivalent units of production for materials and fewer equivalent units of production for conversion costs than Maple.

Explanation:

The equivalent production unit is an indication of a manufacturer's work on the produced units, which are partially finished at the close of the accounting period. In addition the completely loaded units and the partially filled units are entirely fitted out.

The number of partially completed units x percentage of completion = equivalent units of production.

Oak : 58,000 x 65% = 37,700

Oak  Equivalent units of production = 37,700

Maple: 61,200 x 60% = 36,600

Maple  Equivalent units of production =  36,600

So, Oak has more equivalent units of production for materials and fewer equivalent units of production for conversion costs than Maple.

8 0
4 years ago
A young investment manager tells his client that the probability of making a positive return with his suggested portfolio is 80%
lorasvet [3.4K]

Answer:

9.5%

Explanation:

we solve for the z value using

z = barX - μ/σ

= 0-0.08/σ

= p(x>0) = 0.80

1-0.80 = 0.20

0-0.08/σ = 0.20

using the z calculator we find the z score using a p value of 0.20

= -0.842

0-0.08/σ = -0.842

-0.08 = -0.842σ

Divide through by -0.842

0.08/0.842 = σ

0.095 = σ

The risk measured by the standard deviation at 80%= 9.5%

Thank you

3 0
4 years ago
From the following list, identify those that are likely to serve as source documents. (You may select more than one answer. Sing
boyakko [2]

Answer:

The Source Documents include:

Sales ticket  

Telephone bill

Invoice from supplier  

Bank statement

Explanation:

Source documents are the original documents through which business transactions are initiated.  They include receipts, bills, invoices, statements, checks, etc. They usually document or initiate a transaction. Any time a business spends or receives money or enters into a contract with another party, a source document is created. Source documents form an integral part of the accounting and bookkeeping process, and auditors need them to trace records to the underlying transactions.

7 0
3 years ago
What information should be included in a 60 second interview commercial?
Kipish [7]

In a 60 second interview commercial you should include your strengths and qualifications that are most suited to the position you are pursuing. You should also use positive language and positive body language and behaviors. Personal information on the other hand should be avoided.

7 0
3 years ago
Falling economic indicators typically signal ________ in the economy. inflation inflation depression depression expansion expans
Softa [21]

Falling economic indicators typically signal recession in the economy.

This is further explained below.

<h3>What are economic indicators?</h3>

Generally,  A statistic that pertains to an economic activity might be referred to as an economic indicator.

Indicators of the economy make it possible to conduct analyses of past performance and make projections about future performance.

The examination of different phases of company activity is one use of economic indicators.

In conclusion, Typically, a recession in the economy is indicated when economic indices start to fall.

Read more about economic indicators

brainly.com/question/20264817

#SPJ1

3 0
2 years ago
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