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
natta225 [31]
3 years ago
5

Kevin owns one share of Acme, Inc. stock. He purchased the stock three years ago for $29. The stock is currently trading for $29

.50 per share. The stock has paid the following dividends over the past three years. o Year 1: $1.50 o Year 2: $2.00 o Year 3: $2.50 What is the compounded rate of return (IRR) that Kevin has earned on this investment
Business
1 answer:
kogti [31]3 years ago
6 0

Answer:

Find below the multiple choices:

5.6%.

6.6%.

10.1%.

7.35%

The last option ,7.35% is correct

Explanation:

The excel IRR formula can be very useful in determining the IRR for the investment in stock, the formula is stated thus:

=IRR(values)

the values in the case are the cash flows (inflows and outflows) arranged from the earliest to the latest as shown in the attached spreadsheet.

Download xlsx
You might be interested in
If you are using your factors of production at 100% efficiency, you will be A. on the curve B. at the top of the curve C. at the
STALIN [3.7K]

Answer: A. On the curve.

Explanation:

Production possibilities curve (PPC) is simply a graphical representation that is used to show different combinations of two goods which a particular economy can produce when the economy uses the resources it has efficiently.

Points on the curve shows that the resources in an economy are efficiently used, points on the interior of the curve shows that the resources are used inefficiently while the points that are beyond the curve shows are referred to as unattainable.

Therefore, if you are using your factors of production at 100% efficiency, you will be on the curve.

The answer is A.

5 0
3 years ago
:
Rasek [7]
Hi the correct answer would be C hope this helps you!
Good luck!
3 0
3 years ago
Read 2 more answers
Tentacle Television Antenna Company provided the following manufacturing costs for the month of June. Direct labor cost Direct m
Temka [501]

Answer:

C. $65,800

Explanation:

Fixed csot: those which do not change for a relevant range with the production output. They aer constant.

Factory insurance                  21,000        

Factory insurance                  13,000

Factory manager's salary     10,800

Janitor's salary                        5,000

Property taxes:                 <u>      16,000  </u>

    Total Fixed Cost:             65,800

The direct materials and direct labor are variable cost as they drop to zero if no unit is produced.

Same goes with packaging cost, if no unit is produced then, no packagin is needed.

6 0
3 years ago
Cox Electric makes electronic components and has estimated the following for a new design of one of its products:
vfiekz [6]

Answer:

a) attached below

b) P( profit ) = TR(q) - TC(q)

c) attached below

d) -$5000 ( loss )

Explanation:

Given data:

Fixed Cost = $10,000

Material cost per unit = $0.15

Labor cost per unit = $0.10

Revenue per unit = $0.65

<u>a) Influence diagram to calculate profit </u>

attached below

<u>b) derive a mathematical model for calculating profit.</u>

VC = variable cost per unit , LC = per unit labor cost , MC = per unit marginal cost, TC = Total cost of manufacturing , FC = Fixed cost, q = quantity, TR = Total revenue, R = revenue per unit

VC = LC + MC

TC (q) = FC + ( VC * q )

TR (q) = R * q

P( profit ) = TR(q) - TC(q) ------------ ( 1 )

c)  attached below

<u>d) If Cox Electrics makes 12,000 units of the new product </u>

The resulting profit = -$5000

q = 12

P = TR ( q ) - TC ( q )

  = ( R * q ) - ( Fc + ( Vc * q ) )

  = ( 0.65 * 12000 ) - ( 10,000 + ( 0.25 * 12000 )

  = -$5200

3 0
3 years ago
A nurse is caring for a client with dehydration at the health care facility. the client is receiving glucose intravenously. what
Bond [772]
A gauze pad or bandaid
3 0
3 years ago
Read 2 more answers
Other questions:
  • Paleoanthropologists would have a greater interest in ____
    14·2 answers
  • Maria purchased 100 shares of JAX stock for $30 per share and sold this same stock one year later for $29 per share. She paid co
    10·1 answer
  • Wildhorse Beverage Company reported the following items in the most recent year. Net income $43,400 Dividends paid 5,210 Increas
    13·1 answer
  • How do you know which unit of a conversion factor must be in the denominator?
    13·1 answer
  • Why do you think researchers sometimes find a positive relationship between the unemployment rate and college enrollment rates?
    14·1 answer
  • Which country use tax brackets as part of their tax system?
    9·1 answer
  • Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,800 of dir
    10·1 answer
  • Homogeneous oligopoly exists where a small number of firms are ______.
    6·1 answer
  • The number and characteristics of sellers and buyers are known as _____.
    12·1 answer
  • What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!