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
Korolek [52]
3 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]3 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%.

You might be interested in
What is morale?
Verdich [7]

C. the attitude of the people working at a company

7 0
3 years ago
At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied.
nika2105 [10]

Answer:

$2.25 per unit

Explanation:

The computation of the cost per equivalent is shown below:

= Total conversion cost ÷ total units completed

where,

Total conversion cost is

= Beginning work in process conversion cost + cost of conversion added

= $20,250 + 271,125

= 291,375

And, the number of units is

= Units completed + work in process ending inventory units × completion percentage

= 115,700 units + 23,000 units × 60%

= 115,700 + 13,800

= 129,500 units

So, the cost per equivalent unit for conversion cost is

= $291,375 ÷ 129,500 units

= $2.25 per unit

4 0
3 years ago
Which type of small store carries a limited line of high-turnover convenience goods and makes most of its revenues from cigarett
Romashka-Z-Leto [24]
C) convenience de others don’t make most of its revenues from those items
6 0
3 years ago
Quarry Mining Inc. and Riverside Vineyards agree to resolve a dispute in arbitration. The arbitrator meets with Quarry’s represe
Molodets [167]

Answer:

The correct answer is letter "D": set aside any award.

Explanation:

Arbitrators are individuals without the range of judges that are called in disputes to resolve a matter before taking it to court. Similar to trials, each party involved in the dispute present their defense in front of the arbitrator who promotes the mutual agreement between the two parties but, if that does not happen, the arbitrator provides a resolution that tends to be definite.

<em>Arbitrators must be impartial. Thus, if the arbitrator meets with one of the parties and, eventually, the decision of that case favors that party, the court can take away any reward provided until an investigation is conducted.</em>

4 0
3 years ago
Zappos, an online shoe company, knows shoes are typically a(n) ________ good, with consumers often spending time comparing alter
Leona [35]

Answer:

shopping

Explanation:

Shopping products are the ones that customers tend to compare in order to buy them considering different characteristics like price, style and quality. Because of this, customers take some time before deciding what to purchase and shoes can be considered a shopping good as consumers will make comparisons before deciding which one to buy.

8 0
3 years ago
Other questions:
  • Budd, the purchasing agent for Lake Hardware Wholesalers, has a relative who owns a retail hardware store. Budd arranged for har
    7·1 answer
  • Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
    7·1 answer
  • 10 pts and who ever ansers fisrt is brainleist
    8·2 answers
  • "Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quan
    8·1 answer
  • In which case do investors buy stock in expectation of higher profits
    12·2 answers
  • The ________ holds that an individual should never do anything that is not honest, open, and truthful and that he or she would n
    8·1 answer
  • Use AD/AS model to explain how Canadian economy saw 4% Real GDP with very little inflation. Select one: a. Canada's Aggregate de
    10·1 answer
  • The Bloom Company issued stock for $51,500 cash on January 20, 2011. During 2011, the company recorded revenue on account of $18
    11·1 answer
  • Rossdale Co. stock currently sells for $69.35 per share and has a beta of .90. The market risk premium is 7.30 percent and the r
    7·1 answer
  • Maria is a recruiter with a bachelor's degree in business administration. She is well respected among her peers for her professi
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!