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DiKsa [7]
3 years ago
5

At the beginning of the year, your neighbor bought 250 shares of Nu-Tek Corporation and paid $104.32 per share. The share price

at the end of the year was $193.65. During the year, your neighbor received a dividend payment from Nu-Tek of $2.34 per share. What was your neighbor's dollar return on this investment? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Vesna [10]3 years ago
8 0

Answer:

Return on investment= 87.87 %

Explanation:

Dollar return on investment is the sum  of the capital gains and the dividend received all expressed as a percentage of the cost of the investment.

Total  cost = 250×104.32=26,080

Total capital  gain = (193.65- 104.32)× 250 = 22,332.5

Dividend = $2.34 per share×250 = 585

Dollar return on Investment = (585 +22,332.5) /26080 × 100

               = 87.87 %

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​coca-cola is superior to its competitors in its distribution of products. this is an example of​ _____ competency.
hichkok12 [17]

The fact that Coca-Cola is superior to its competitors in its distribution of products is an example of​ distinctive competency. Coca Cola as a company has practices, technical skills, technologies and resources that increase its competitiveness with comparison to other companies.  Distinctive competencies are the competencies that differentiates the brand from competitors.

3 0
2 years ago
On September 1, 2021, Southwest Airlines borrows $39.3 million, of which $6.6 million is due next year. Show how Southwest Airli
Pavlova-9 [17]

Answer:

Balance sheet

Current liability:

Current portion of long term debt = $6,600,000

Long term liability:

Notes payable = ($39,300,000 - $6,600,000)

                        = $32,700,000

Therefore,

Total liabilities = Current liabilities + Long term liabilities

                        = $6,600,000 + $32,700,000

                        = $39,300,000

4 0
3 years ago
Marquis company uses a weighted-average perpetual inventory system. august 2, 13 units were purchased at $4 per unit. august 18,
suter [353]

Answer:

250

Explanation:

total cost= unit cost x units

there are different unit costs every day shown apart from august 29, i used the latest date of 6 dollars per unit instead.

13 x 4 + 18 x 6 + 15 x 6 = 250

5 0
3 years ago
A credit card company advertises an APR of 15.3% compounded daily. What is the effective interest rate? Round your answer to two
Yuliya22 [10]

Answer: 16.53%

Explanation:

Given the following :

Annual percentage rate(r) = 15. 3% = 0.153

n = number of compounding periods in a year

p = number of compounding periods rate is required for

Number of days in a year = 365 = n

p = 365

Effective interest rate (E) is given as :

E = [( 1 + (r / n) )^p] - 1

E = [(1 + (0.153 / 365)) ^365] - 1

E = [ (1 + 0.0004191) ^365] - 1

E = [1.0004191^365] - 1

E = 1.1652876 - 1

E = 0.1652876

Effective Interest rate = (0.1652876 × 100)%

Effective interest rate = 16.53%

4 0
3 years ago
The dependence of America on gasoline and diesel-powered vehicles has had both negative and positive effects. A positive effect
spayn [35]

Answer:

Unanticipated effect.

Explanation:

The concept of unanticipated effect can be defined as those consequences that are unitended or unanticipated in affect of certain actions taken by people-or government. The term was coined by Robert K. Merton.

When the government make certain decisions, they may produce certain consequences or effects that were not intended or intentional.

<u>In the given case, the dependence of America on gasoline and diesel-powered vehicles have both negative and positive effects. These effects are not intended but are produced as a consequence of the actions of the government.</u>

Thus the correct answer is unanticipated effect.

4 0
3 years ago
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