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Neporo4naja [7]
3 years ago
14

Javier worked 50 hours last week. He earns $9 and hour. How much did he earned before taxes? (gross pay)

Business
1 answer:
Naddik [55]3 years ago
3 0

Answer:

=$450

Explanation:

Javier pay per hour is $9.

Hours worked  in the week : 50

Gross pay will be hours worked multiplied by hourly rate

=50 x $9

=$450

Gross pay = $450

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You have $100,000 to invest in either Stock D, Stock F, or a risk-free asset. You must invest all of your money. Your goal is to
sergiy2304 [10]

Answer:

You will invest <u>$18,000</u> in Stock F.

Explanation:

This can be calculated using the portfolio return formula as follows:

PR = (wD * rD) + (wF * rF) + (wR * rR) ............................ (1)

Where;

PR = Portfolio expected return = 10.7%, or 0.107

wD = Weight of the amount invested in Stock D = Amount invested in Stock D / Total amount invested = $50,000 / $100,000 = 0.50

rD = Expected Return from Stock D = 14.2%, or 0.142

wF = Weight of the amount invested in Stock F = Amount invested in Stock F / Total amount invested = ?

rF = Expected Return from StocK F = 10.1%, or 0.101

wR = Weight of the amount invested in risk free = 1 - wD - wF = 1 - 0.50 - wF = 0.50 - wF

rR = Expected Return from Risk free = 5.6%, or 0.056

Substitute all the values into equation (1), we have:

0.107 = (0.50 * 0.142) + (wF * 0.101) + ((0.50 - wF) * 0.056)

0.107 = 0.071 + (wF * 0.101) + ((0.50 * 0.056) - (wF * 0.056))

0.107 - 0.071 = (wF * 0.101) + 0.028 - (wF * 0.056)

0.036 - 0.028 = (wF * 0.101) - (wF * 0.056)

0.008 = wF(0.101 - 0.056)

0.008 = wF0.045

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Since,

wF = Amount invested in Stock F / Total amount invested

We then substitute and solve for Amount invested in Stock F as follows:

0.18 = Amount invested in Stock F / $100,000

Amount invested in Stock F = 0.18 * $100,000 = $18,000

Therefore, you will invest <u>$18,000</u> in Stock F.

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3 years ago
An agent receives an offer of $350,000 on a property that she has listed for $355,000. When she is about to present the offer to
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Answer:

b. present both offers at the same time

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An agent should be Palin and explicit with his principal and in this sense should present all relevant details that would affect the principal on agreement made. In the above case, the agent must present all offers to the principal regardless of whether they seem unfavourable to the principal/seller and also in a timely manner. It does not matter therefore if the offers don't look good and that the seller is likely to reject it so long as the agent gives all information concerning all offers.

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3. The Johnson Company will pay an annual dividend of $2.05 next year. The company has increased its dividend by 3.5% a year for
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A share of this stock be worth$ 21.88 four years from now

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Amount of annual dividend that will be paid the next year = $ 2.05

increase in dividend by 3.5% = \frac{100+3.5}{100} = increase by a factor of 1.035

Since there is a 14% return, overall increase in dividend = \frac{1.035}{0.14 - 0.035} = 9.857

<em>Note:</em>

<em>0.035 was obtained from </em>\frac{3.5}{100}<em>= 0.035 (dividend increase)</em>

<em>0.14 was obtained from </em>\frac{1.4}{100}<em> = 0.14 (percentage return required)</em>

over the next 20 years his new value of dividend will be

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Converting to a percentage,

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