In the state of FL you'll be assessed 4 points.
Answer:
19.07%
Explanation:
The computation of the total compound return over the 3 years is shown below:
= (1 + investment percentage earned in first year) × (1 + investment percentage earned in second year) × (1 + investment percentage loss in second year)
= (1 + 0.35) × (1 + 0.40) × (1 - 0.37)
= 1.35 × 1.40 × 0.63
= 1.1907
= 19.07%
Answer:
Explanation:
Beginning capital balance(Sam) $58000
+ Currnt year income ( $40000 / 2 = $20000) $20000
[Devide by 2 because they share income]
- Sam's withdrawal ($15000)
Sam's capital balance = 58000+20000-15000 = $63000
Answer: $7,500
Explanation:
In calculating the Incremental income we will add the amount of variable Manufacturing costs Rory Company will save as well as the income they will get from selling the old machine and then subtract the cost price of the new machine.
Starting off we will calculate the amount of savings they will make by using the new machine,
= $12,000 x 5 years
= $60,000
Calculating the Incremental income therefore we have,
= 60,000 + 60,000(from selling old machine) - 112,500 (cost of new machine)
= $7,500
The incremental income of buying the new machine is $7,500.
If you need any clarification do comment.
Answer:
$1,692
Explanation:
Data provided in the question:
Number of shares purchased = 100
Cost of stock = $30 per share
Commission = $29
Selling price per share = $45
Commission for selling = $29
Earned dividends = $2.50 per share
Now,
Total Return
= Number of Shares × (Sale Price - cost + Total dividends) - Total Commissions
or
Total Return = 100 × ($45 - $30 + $2.50) - (2 × $29)
or
Total Return = $1750 - $58
or
Total Return = $1,692
