1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
algol [13]
3 years ago
13

Brandon bought 100 shares of stock for $15.00 per share on 70% margin. Assume Brandon holds the stock for one year and that his

interest costs will be $45 over the holding period. Gerry also received dividends amounting to $0.30 per share. Ignoring commissions, what is his percentage return on invested capital if he sells the stock for $34 a share
Business
1 answer:
pav-90 [236]3 years ago
8 0

Answer:

179.52%

Explanation:

The computation of the percentage return is shown below:

Amount invested is

= 15 × 100 × 70%

= $1,050

Now

Total return is

= (100 × $0.3) + 100 × ($34 - $15) - $45

= $1,885

Return on invested capital is

= $1,885 ÷ $1,050

= 179.52%

You might be interested in
What is the main reason that improved human relations skills may improve your grades?
Oksi-84 [34.3K]
New skills in self-honesty will help your study habits.
4 0
3 years ago
Solomon has a balance of $4,000 on his credit card account, which has a minimum payment requirement of 4 percent. What is the mi
Allushta [10]

Answer:

$1,000

Explanation:

8 0
3 years ago
Read 2 more answers
HELP PLEASE.
Verizon [17]
D notify the creditor and see if it can be changed and /or modified
6 0
3 years ago
Read 2 more answers
In path-goal theory, the main components are ______, ______, and ________.
andre [41]
<span>Leader style, follower characteristics, work setting </span>Leader style, follower characteristics, and work setting.
In path goal theory, an organization will set its leadership style according to what best fit the employees and the work environment  where they operate in order to increase employees' motivation
8 0
3 years ago
In an hour, Henry can wash 20 windows or clean 2 bath tubs. In an hour, Rose can wash 30 windows or clean one bath tub. If their
marysya [2.9K]

If their father Dave allows them to trade chores to achieve gains from trade then "Henry will clean bath tubs; Rose will wash the windows".

<u>Option: C</u>

<u>Explanation:</u>

In this scenario Henry is washing 20 windows or 2 bath tabs in an hour, which showcase his average washing of 10 windows over 1 bath tab in half hour. While here Rose is washing 30 windows or 1 bath tab in an hour by giving average of 15 windows over half bath tab in half hour, which is less than Henry's average of washing.

Thus on considering the above average of work performed by Henry and Rose in equal amount of given time for work, Henry is more prominent to be specialized in cleaning bath tubs while Rose will more expert in washing windows because she is cleaning more windows than Henry in same on hour of time.

6 0
3 years ago
Other questions:
  • Micro Advantage issued a $5,250,000 par value, 15-year bond a year ago at 94 (i.e., 94% of par value) with a stated rate of 10%.
    9·1 answer
  • The government decided to reduce taxes on fast-food to increase revenue. The government assumes that fast-food products have a.
    11·1 answer
  • ________ leaders inspire followers to transcend their self-interests for the good of the organization and can have an extraordin
    13·1 answer
  • During 2016 Green Thumb Company introduced a new line of garden shears that carry a two-year warranty against defects. Experienc
    11·1 answer
  • Without technological advancement, how can a nation achieve economic growth
    13·2 answers
  • The market for laundry detergents in a country has several​ players, each with a slightly differentiated product. Squeaky Clean​
    10·1 answer
  • Product recall is an example of: Select one: a. prevention costs b. appraisal costs c. internal failure costs d. external failur
    12·1 answer
  • On January 1, 2012, Fei Corp. issued a 3-year, 5% coupon, $100,000 face value bond. The bond was priced at an effective interest
    15·1 answer
  • A Giffen good is a good for which : _________
    10·1 answer
  • John hamilton borrowed $500,000 from stone creek bank to open a new restaurant called sauce-it-up. John transferred $450,000 of
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!