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n200080 [17]
3 years ago
7

You purchased 1,600 shares of Barrett Golf Corp. stock at a price of $36.70 per share. While you owned the stock,you received di

vidends totaling$.75 per share. Today, you sold your stock at a price of $40.83 per share. What was your total dollar return on the investment
Business
1 answer:
Anarel [89]3 years ago
5 0

Answer: $7808

Explanation:

From the question, 1600 shares of Barrett Golf Corp were purchased stock at a price of $36.70 per share. While owning the stock, dividend totaling $.75 per share was received. Today, the stock was sold at a price of $40.83 per share. The total dollar return on the investment will be:

Dollar return = Number of shares × (Sale price + Dividend - Purchase price)

= 1600 × (40.83 + 0.75 - 36.70)

= 1600 × (41.58 - 36.70)

= 1600 × 4.88

= $7808

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Marguerite had been asked by her manager to write a summary of a seminar she had attended. Marguerite’s summary explained that t
Alja [10]

Answer:

language barriers

Explanation:

Since in the question,  it is mentioned that there is excessive use of jargon which results in difficulty to understand what the speaker wants to communicate and due to which it becomes harder to her to follow his presentation.

Here jargon means unique words which unable to understand by the group of people

Therefore this is a language barrier during the seminar

5 0
3 years ago
Bramble Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $59
shusha [124]

Answer and Explanation

Given:

Accounts receivable balance = $598,000

Percentage of receivables that are uncollectible = 5% or 0.05

Uncollectible receivables = 0.05 × 598,000 = $29,900

Adjusting journal entry to record bad debt expense is:

Particulars                                          Debit              Credit

Bad debts expense                            XXXXX

     Allowance for doubtful debts                               XXXXX

(Being bad debts incurred)

Noe, Allowance for doubtful debts has a credit balance of $4,800.

Bad debt incurred = 29,900 - 4,800 = $25,100

So adjusting entry :

Particulars                                          Debit              Credit

Bad debts expense                            $25,100

     Allowance for doubtful debts                             $25,100

(Being bad debts incurred)

7 0
3 years ago
Which of these describes the costs and benefits of getting a mortgage?
lianna [129]

Answer:

B

Explanation:

Mortgages prevent government regulation of property but involve higher taxes

6 0
2 years ago
True or false: if hubert's fire engines were a competitive firm instead and $80,000 were the market price for an engine, decreas
Amanda [17]

FALSE

because hubert being a competitive firm, if it decreases the price of engine, demand increases and thus production increases. Therefore revenue also increases.

7 0
3 years ago
Among the important characteristics of market efficiency is (are) that: I. There are no arbitrage opportunities. II. Security pr
algol [13]

Answer:

D

Explanation:

Among the important characteristics of market efficiency is (are) that:

1. There are no arbitrage opportunities;

2. Security prices react quickly to new information; and

3. Active trading strategies will not consistently outperform passive strategies.

4 0
3 years ago
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