Answer:
2.58%
Explanation:
holding period return (HPR) = [(ending value - initial value) + dividends received] / initial value
- initial value of Petter's portfolio = (100 x $62.85) + (100 x $121.15) = $18,400
- ending value = (100 x $59.80) + (100 x $127.35) = $18,715
- dividends received = 100 x $1.60 = $160
HPR = [($18,715 - $18,400) + $160] / $18,400 = $475 / $18,400 = 0.0258 = 2.58%
Answer:
a.The rate of inflation
Explanation:
Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI
The rate of inflation would be most impacted to the purchasing power of people income
Therefore the option a is correct
Answer:
A) is used to determine minimum legal capital balances at issuance
Explanation:
The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock. The Par Value of common stock is derived by Par value per share * No. of Issued Shares.
Answer:
C) $370,000
Explanation:
sales expressed in thousands of $
Month total sales collected in collected in collected
current m. 70% next m. 25% 2 m. 5%
Jan. 600 420
Feb. 700 490 150
Mar. 500 350 175 30
Apr. 300 <u>210</u> <u>125</u> <u>35</u>
May 75 25
June 15
total cash collection in April = $210,000 + $125,000 + $35,000 = $370,000
Answer:
cost of goods manufactured= $246,000
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 29,000 + 69,000 + 99,000 + 73,000 - 24,000
cost of goods manufactured= $246,000
