Answer:
Option 1
Explanation:
The computation is shown below:
For option 1
Dividend received in 6 month is
= $0.25 × 2
= $0.50
Now
Profit from the sale of stock is
= sale price - purchase price
= $24 - $20 i
= $4
So,
Net proceed received from stock is
= dividend + profit from the sale
= $0.50 + $4
= $4.50
Now
Holding period return for 6 months is
= (Net proceed received ÷ purchase price) ×100
= ($4.50 ÷ $20) × 100
= 22.5 %
So,
Annualized holding period return is
= 22.5% × 2
= 45%
For Option 2
Dividend received in 1 year is
= $0.50 × 4
= $2
Profit from sale of stock is
= $30 - $27
= $3
Net proceeds from stock is
= $2 + $3
= $5
So,
Annualized holding period return is
= ($5 ÷ $27) × 100
= 18.52%.
As we can see that option 1 contains higher return so it would be selected
Answer: The equalization rate for the municipality is 45%.
Explanation:
Given that,
Total market value of a municipality = $25,000,000
Total assessed value of a municipality = $11,250,000
Therefore,
Equalization rate for the municipality =
= 
= 0.45
= 45%
Hence, the equalization rate for the municipality is 45%.
Answer:
Spread
Explanation:
Spread is the difference between bid and ask price quoted by dealer to purchase and sell a security.
Spread is the excess amount which is asked by the dealer for a security over the bid amount at which he is willing to buy the security.
Answer:
A
Explanation:
Did she eat it first?, Did she get sick?
Answer:
Accounts Receivables 1000 debit
Sales Revenues 1000 credit
--to record sale--
COGS 600 debit
Inventory 600 credit
--to record COGS of the previous sale--
Sales Returns 155 debit
Accounts Receivables 155 credit
--to record returned goods--
Inventory 155 debit
COGS 155 credit
--to record goods in good state returning to inventory--
Explanation:
The sale will be reocrded normally then, the return will have two impacts:
first it will decrease the amount of the receivables and make the net sames decrease therefore we will decrease net sales
Last, for the inventory as the godo are in good form and could be resale we record the reception of those good and reverse that portion of COGS sold
