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IgorLugansk [536]

3 years ago

12

You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increa

se?

1 answer:

Andrews [41]3 years ago

3 0

Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

=$30/$55 x 100

=0.545454 x 100

=54.5454%

=54.55%

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3 years ago

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In an inventory control system, the annual demand is 12,000 units, the ordering cost is GHS 30 per order and the inventory holdi

Fittoniya [83]

Answer:

Total cost per year = $1,801,860

Explanation:

Given:

Annual demand = 12,000 units

Ordering cost = $30 per order

Inventory holding cost = $3 per year

Order quantity = 1000 units

Cost per unit of the item = $150

Find:

Total cost per year

Computation:

Total cost per year = Purchase cost + Order cost + Inventory holding cost

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3 years ago

Livingston Fabrication has created the following aggregate plan for the next 5 months (see PDF): Assume that Livingston will hav

Andreyy89

Answer:

Explanation:

worker's production rate = 60/3 = 20units per hour

monthly capacity 160 x 20 = 3200 units.

capacity needed to produce 2000000 units

= 2000000/3200

= 625

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3 years ago

You have a $109 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you trade, y

motikmotik

Answer:

Return will be 1.3 % lower

Explanation:

We have given that you have a $109000 portfolio which contain 10 stocks

So number of stocks = 10

Number of times traded each stock = 5

Commission and spread pay = $30

So total expenditure = number of stocks × number of times × commission and spread per trade = 10×5×30 = $1500

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3 years ago

During its first year of operations, Fall Wine Tour earned net credit sales of $311,000. Industry experience suggests that bad

pochemuha

Answer:

The computations are shown below:

Explanation:

The journal entry is as follows

1. Bad debt expense $9,330

To Allowance for doubtful debts $9,330

(Being the bad debt expense is recorded)

The computation is shown below:

= $311,000 × 3%

= $9,330

For recording this transaction, we debited the bad debt expense as it increases the expenses account while at the same time it reduces the account receivable so the allowance would be credited

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3 years ago