Answer:
14.48%
Explanation:
The capital gains yield on the investment is increase in share price divided by the initial price paid to acquire the share a year ago.
The total return formula can be used to figure the price the stock was when sold as below:
total return =P1-Po+D/Po
P1 is the current price which is unknown
Po is the initial price of $67.67
total return is 18.79%
D is the dividend of $2.92
0.1879=P1-67.67+2.92/67.67
0.1879*67.67=P1-64.75
12.72=P1-64.75
P1=12.72+64.75
P1=77.47
Capital gains yield=(77.47
-67.67)/67.67=14.48%
Answer:
Please see attached explanations
Explanation:
a Incremental profit would be
= $160,000 - $100,000
= $60,000
b. The firm's break even point will increase by 27.8 units if it makes the change.
c. The new situation would have more business risk than the old one due to;
• Increase in fixed costs
• Business risk will also increase in new situations due to increase in break even point.
A smart man okay that is my answer thankyou
Answer:
The correct answers are letters "A" and "D": The entire team engaged in the preparation of the proposal Paul submitted on Wednesday; I’ll make an assumption that Lisa received the e-mail.
Explanation:
Buried verbs are actions that were converted into noun expressions typically to give more emphasis in the action performed. However, buried verbs night provide a redundant sense to the message intended to be provided. To give clear messages, the buried verb should be unburied by simplifying it without changing meaning in the whole segment. Thus:
- <em>The entire team </em><u><em>engaged in the preparation</em></u><em> of the proposal Paul submitted on Wednesday.</em>
- <em>The entire team </em><em>prepared</em><em> for the proposal Paul submitted on Wednesday.</em>
<em />
- <em>I’ll </em><u><em>make an assumption</em></u><em> that Lisa received the e-mail.</em>
- <em>I'll </em><em>assume</em><em> Lisa received the e-mail.</em>
Answer:
$1,438,950
Explanation:
Racine Furnishings Company
Multiple-Step Income Statement for the year ended March 31, 2019
Sales revenue $6,581,950
Less cost of goods sold ($3,860,900)
Gross profit $2,721,050
Expenses
Selling Expenses (724,300 )
Administrative Expenses (547,300)
Income from operation 1,449,450
Other expenses
Interest Expense ( 10,500)
Net income $1,438,950
