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mojhsa [17]
3 years ago
12

You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the y

ear was $59.46. What was the total return for the year
Business
1 answer:
kotykmax [81]3 years ago
4 0

Answer:

Total return = 14.94%

Explanation:

Options are <em>"14.17% , 13.40% , 14.94%, 11.43%, 3.50%"</em>

End price = $59.46

Beginning price = $53.36

Dividend = $1.87

Total return = (End price - Beginning price + Dividends) / Beginning price

Total return = ($59.46 - $53.36 + $1.87) / $53.36

Total return = $7.97 / $53.36

Total return = 0.1493628185907046

Total return = 14.94%

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Accounts Receivable has a balance of $ 4 comma 000$4,000​, and the Allowance for Bad Debts has a credit balance of $ 450$450. Th
Darya [45]

Answer:

What is the net realizable value of Accounts Receivable after a $ 140$140 account receivable is written​ off? is $3550

Explanation:

Account receivable 4000      

Allowance bad debts 450      

       

       

Net realizable =(400-140)-(450-140)

       

                 =3860-310

                          =3550    

5 0
3 years ago
Perfect Clean, Inc. provides housekeeping services. The following financial data have been provided.
ioda

Answer:

A) $38,650; 48.31%

Explanation:

The computation of the contribution margin and the contribution margin ratio is shown below:

Contribution margin = Service Revenue - Cleaning Supplies Used - wages expense

= $80,000 - $22,000 - $19,350

= $38,650

The variable cost is Cleaning Supplies Used + wages expense

And, the contribution margin ratio equals to

= (Contribution margin ÷ sales) × 100

= ($38,650 ÷ $80,000)  × 100

= 48.31%

7 0
3 years ago
Valuing Trading Securities at Fair Value On January 1, Valuation Allowance for Trading Investments had a zero balance. On Decemb
Artist 52 [7]

Answer:

Dr. Trading securities                                    $4,800  

Cr. Unrealized gain on trading securities    $4,800

Explanation:

Trading securities are recorded reported on the fair market value. The gain or loss arise from the increase or decrease in the value of trading securities. There is a gain if the price of trading security increases and loss when the price of the trading security decreases. Unrealized gains are reported in the separate section of stockholders equity.

Gain on Trading securities = Fair value of security portfolio - Cost of security portfolio = $46,300 - $41,500 = $4,800  

6 0
3 years ago
Scenario: Terrill and Natalia want to buy a home valued at $150,000. The property tax in their community is 1 percent of the pro
wariber [46]

1,500 is the answer ......

7 0
3 years ago
Read 2 more answers
WILL GIVE BRAINLIEST!!
anyanavicka [17]

Answer:

Explanation:

Of free enterprise

7 0
3 years ago
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