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
Advocard [28]
3 years ago
10

Suppose a stock had an initial price of $57 per share, paid a dividend of $1.1 per share during the year, and had an ending shar

e price of $63. Compute the percentage total return.
Business
1 answer:
kolbaska11 [484]3 years ago
6 0

Answer:

12.46%

Explanation:

Data provided

Dividend income = $1.1

Ending share per price = $63

Initial price = $57

The computation of the percentage total return is shown below:-

Total return = (Dividend income + (Ending share per price - Initial price)) ÷ Initial price

= ($1.1 + ($63 - $57)) ÷ 57

= ($1.1 + $6) ÷ 57

= $7.1 ÷ 57

= 0.12456

or 12.46%

You might be interested in
g Given the information below: ASSETS LIABILITIES Cash and cash equivalents $10,000 Current debts for the year $15,000 Other liq
artcher [175]

Answer:

The solvency ratio is closest to: B. 33%.

Explanation:

<em>The solvency ratio = After tax Net Operating Income ÷ Total Debt</em>

Thus,

The solvency ratio = $75,000 ÷ ($15,000 + $200,000)

                               = 35.88%

Therefore this is closest to B. 33%.

6 0
3 years ago
When Eleanor went to Letty's department store, she noticed that the price that rang up when she was billing was much higher than
Sunny_sXe [5.5K]

Answer: stability

             

Explanation: In simple words ,The probability that the origin of the attribution would change over a duration of time is called attribution. For instance, if a person decides to get such a big promotion, they might equate it to a lack of skill.

This suggests uncertainty, as the person must improve their skills and obtain an education in order to ultimately influence the outcome. It is not a sustainable situation, but one that can be modified by behavioral change.

Thus, from the above we can conclude that the correct option is D.

5 0
3 years ago
The debt owed by a business to an outside individual or organization is called its?
worty [1.4K]

The debt owed by a business is called liabilities. Liabilities are obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like  products, services.

Liabilities on balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties etc. Assets can be contrasted with liabilities. Assets are items business own or owe money to, whereas liabilities are debts or other obligations.

Short-term financial commitments of a business that are due in a year or within its typical operational cycle are known as current liabilities.

To learn more about  liabilities, click here

brainly.com/question/27843625

#SPJ4

7 0
1 year ago
Sox Corporation purchased a 30% interest in Hack Corporation for $1,525,000 on January 1, 2021. On November 1, 2021, Hack declar
Serjik [45]

Answer:

$1,200,000

Explanation:

SOX Corporation purchased a 30% interest for $1,525,000

On November 1, 2021, Hack declared and paid $1,100,000 million in dividends

Hence, Carrying value = $1,525,000 - 30%($1,100,000)

Carrying value = $1,525,000 - $330,000

Carrying value = $1,195,000

Net loss given during the year reported by Hack is $4,000,000

Hence, Net Loss of SOX is $4,000,000 * 30%

Net Loss = $1,200,000

Therefore, the net loss to be recognized in the Income statement is $1,200,000

3 0
3 years ago
During 2020, Desert Company introduced a new product carrying a two-year warranty against defects. The estimated warranty costs
tankabanditka [31]

Answer:

                 Estimated Warranty Liability December 31, 2020

                                                 Debit                                                 Credit

                                                                  Beginning balance          $0

Actual Warranty Expenditure $12,000    Estimated total cost of    $48,000

                                                                  Warranty $800,000*6%

Ending Balance                      $36,000

                                                $48,000                                             $48,000

                Estimated Warranty Liability December 31, 2020

                                                 Debit                                                 Credit

2021  Servicing Expense       $35,000    Beginning balance        $36,000

Ending Balance                      $61,000     Estimated total cost of  $60,000

                                                                  Warranty $1,000,000*6%

                                                $96,000                                             $96,000

So, the company should report an estimated warranty liability of $61,000 at Dec 31, 2021

3 0
2 years ago
Other questions:
  • Suppose that all 75 employees of a company received a raise of $150 per month? How would this affect the mean salary of all empl
    15·1 answer
  • The marion's clothing has a gross profit of $700,000 and $240,000 in depreciation expense. the preston's pants also has $700,000
    14·1 answer
  • Gilbert inc. generated sales revenues of $1,000,000 in the year 2015. its cost of goods sold amounted to $400,000. calculate gil
    8·1 answer
  • Multiple Product Performance Report Storage Products manufactures two models of DVD storage cases: regular and deluxe. Presented
    10·1 answer
  • Gamapro, a company that manufactures gaming devices, has launched a new gaming console along with a new set of games for the new
    6·1 answer
  • Texas Inc. has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock ou
    13·1 answer
  • It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to
    13·1 answer
  • Which of the following is a characteristic of a task-oriented leader? staying accountable for assigning work ensuring everyone r
    11·1 answer
  • Possible misstatements that may occur during the cash receipts process result from cash receipts being received, but not recorde
    5·1 answer
  • The crisis experienced in the workplace.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!