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
Dmitry [639]
3 years ago
8

Chiko bought 75 shares of stock at $19.58 per share. She recelved total dividends of $73.42 during the year. At the end of the y

ear, her stock was valued at $22.14 per share. What was her ROI? (Round percentages to one decimal place.)​
Business
1 answer:
spayn [35]3 years ago
4 0

Answer:

Return on investment = 18.07% (Approx.)

Explanation:

Given:

NUmber of share = 75 shares at $19.58 per share

Amount of dividend received = $73.42

Stock value at end = $22.14 per share

Find:

Return on investment

Computation:

Purchase price = 75 x 19.58

Purchase price = $1,468.5

Final value  + Dividend = 75(22.14) + 73.42

Final value  + Dividend = $1,733.92

Profit = $1,733.92 - $1,468.5

Profit = $265.42

Return on investment = [Profit / Initial value]100

Return on investment = [265.42 / 1,468.5]100

Return on investment = 18.07% (Approx.)

You might be interested in
What is the term used to describe an organization in which positions are awarded based on one's ability and skill?
kykrilka [37]
The term you're looking for is meritocracy.
7 0
3 years ago
A music teacher asked her students to set a really hard goal, such as increasing their practice time by 10 hours per week, which
PilotLPTM [1.2K]
The answer is Stretch Goal.  It is also called a Stretch Target, it is <span>a high and difficult level of success that a student must achieve if they are to be considered to be doing their job in a satisfactory way.  Practicing 10 hours a week would cause the students to reach beyond what they think is possible.</span>
5 0
3 years ago
If the absence of an agreement to the contrary in partnership, what are the all partners entitled?
Ne4ueva [31]

Answer:

d) All of above​

Explanation:

A partnership agreement provides guidelines on how two or more partners will manage their partnership business. It is the contract that dictates each partner's roles,  profit and loss sharing formula, and personal liability of each in case of insolvency.

In the absence of a partnership agreement, the law prescribes that partners share profits and losses equally. All partners assume equal rights to responsibilities and liabilities.

6 0
2 years ago
Organizations cannot be successful if they do not pay attention to the forces in their external environment
aliya0001 [1]

Answer:

True

Explanation:

If the managers fails to pay attention, the organization cannot be successful

4 0
3 years ago
For each of the goods, classify them according to whether they are rivalrous, nonrivalrous, excludable or nonexcludable. Rivalro
sergij07 [2.7K]

Answer:

A)A sports team t-shirt:(Rivalrous and Excludable)

B)The air we breath (Nonrivalrous and nonexcludable)

C)Atlantic Bluefin Tuna in the Mediterranean Sea:(Rivalrous and nonexcludable)

D)A toll road in normal traffic:(Nonrivalrous and excludable)

Explanation:

Excludable goods can be regarded as goods whereby there is possibility of preventing consumers that has not paid for that good from accessing it.

Rivalrous goods are types of goods that can only be occupied by a person

there is competition created for their consumption.

Non-excludable goods can be regarded as public goods they are one

which are commonly available within a society for all people. These goods cannot be excluded from certain person.

Non-rivalrous goods can be regarded as public goods whereby the supply of that goods is not affected by consumption of people.

6 0
2 years ago
Other questions:
  • As it turns out, Brian and Sondra's good fortune with the restaurant has caused their competitors to lose business. In fact, Caj
    5·1 answer
  • The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of its fiscal y
    13·1 answer
  • Cash flows from operations may not be sufficient for a firm to keep up with growth-related financing needs, or the firm may not
    9·1 answer
  • O’Brien Brewery and Delgado Vintage Wines both decided to write off a specific customer’s uncollectible account as a bad debt ex
    7·1 answer
  • Jane learned that, although she and June were both hired as part-time salesclerks at the same time and have similar backgrounds,
    6·1 answer
  • The following refers classification of space except
    11·1 answer
  • What would sell more (both stores are just now opening.): a "in-trend" jewelry store or a Simplistic lip gloss shop?
    12·1 answer
  • If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?
    11·1 answer
  • Creating a chant that rhymes to remember information is a memorization technique.
    14·1 answer
  • Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for 50 per unit. Varia
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!