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
Travka [436]
3 years ago
15

You have a ​$106 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you​ trade, y

ou pay about ​$29 in commissions and spread. You have no special​ knowledge, so you earn only the average market return of 14​% on your investments. How much lower will your total return be because of your​ trades?
Business
1 answer:
miv72 [106K]3 years ago
8 0

Answer:

My return will be 1.37% lower.

Explanation:

Total expenditure:

= Number of stocks×Number of times×Commission and spread per trade

= 10×5×$29

= $1,450

In % form:

= $1,450/$106,000

= 1.37%

My return will be 1.37% lower.

You might be interested in
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the
Papessa [141]

Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.

<h3>What are Excise taxes?</h3>
  • Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax.
  • Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.
  • State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive.
  • Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.

To learn more about Excise taxes refer to:

brainly.com/question/22358769

#SPJ4

5 0
1 year ago
On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cos
Elodia [21]

Answer:

Debit Sales Returns and Allowances $500; debit Merchandise Inventory $150; credit Accounts Receivable $500; and credit Cost of Goods Sold $150.

Explanation:

Based on the information given the required appropiate journal entry to record the return on the books of the seller, in a situation were the goods can be sold to another customer is :

Debit Sales Returns and Allowances $500

Debit Merchandise Inventory $150

Credit Accounts Receivable $500

Credit Cost of Goods Sold $150

(To record the return on the books of the seller)

6 0
3 years ago
1. Give one example of professional behavior in a salon and how a cosmetologist could
lana [24]

Answer:

Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.

3 0
3 years ago
Assume you are manager of the Outback Steakhouse, a franchised restaurant that has opened at new location in St. Louis. Describe
Irina18 [472]

Answer:

Market segmentation consists of a strategy to better identify consumers based on common characteristics, that is, divide the market into clusters, so that there is a better targeting of the company's marketing strategies.

In the case of opening an Outback Steakhouse franchise in St. Louis, the bases of segmentation and possible appropriate segmentation variables could be geographical, to better understand the region of the city and surroundings, demographic to understand the characteristics of consumers and form the target audience and behavioral to understand the habits, tastes and preferences of your potential audience, and thus gather important information from that region and align the company's strategy to meet the specific desires and needs of consumers.

7 0
3 years ago
The S&amp;P 500 has been increasing steadily over the last several months. What does this signal about how investors view future
SVEN [57.7K]

Answer: Investors believe future profits will be higher than previously expected.

Explanation:

If the S&P 500 has been rising, this means that investors are buying more shares in the companies in the index.

This means that these investors believe that the profits to come to these companies is going to be higher than expected. If the profits are expected to be the same as previously thought then there would be little increase in stock prices because the relevant increases would have already occurred.

6 0
2 years ago
Other questions:
  • ________ synergies are represented by multiple filled boxed running vertically down the market-product grid, representing an opp
    6·1 answer
  • You have an opportunity to invest in Australia at an interest rate of 8%. Moreover, you expect the Australian dollar (A$) to app
    12·1 answer
  • Jonathan is the CEO of a cell phone manufacturing company. At the company's Annual General Meeting, he made an announcement to t
    15·1 answer
  • In order to break even, your minimum selling price must be __________ your variable costs.
    14·1 answer
  • Which of the following can increase your credit card’s APR?
    12·2 answers
  • Seth invested $44,000 in Series EE savings bonds on April 1. By December 31, the published redemption value of the bonds had inc
    8·2 answers
  • What is the effective annual rate​ (EAR) of a mortgage that is advertised at 8.5​% ​(APR) over the next twenty years and paid wi
    8·1 answer
  • Suppose the demand for macaroni is inelastic, the supply of macaroni is elastic, the demand for cigarettes is inelastic, and the
    5·1 answer
  • Pop-Quiz/12 points!!
    7·1 answer
  • An economy has a monetary base of 1,000 $1 bills. calculate the money supply in scenarios a - d. then answer part e.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!