Answer:
The return on investment was 9.38%
Explanation:
Data provided in the question:
Amount invested in dividend stock = $60
Dividend received = $0.63
Amount for which dividend was sold = $65
Now,
The total return from the dividend
= (Selling cost + Dividend received ) - Amount invested
= $65 + $0.63 - $60
= $5.63
Therefore,
The return on investment = [ (Total return ) ÷ Amount invested ] × 100%
=
× 100%
= 9.38%
Hence,
the return on investment was 9.38%
<span>The goal of giving the debtor a fresh start is accomplished through</span><span> releasing debtors from personal liability for specific debts and protecting them from collection efforts.</span>
Answer:
The correct answer is C
Explanation:
Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.
In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.
Therefore, the one which is not the function of money is that it has the operations in the open market.
Answer:
(C) the intended use of a product.
Explanation:
Implied as the term means that it is obvious, further guarantee means that the guarantee is obvious.
Now, this is because of the use of the product, as for example there is an equipment called heater, which is generally sold in winters, as it warms the room.
Now it is implied that the heater shall at-least be in proper condition and shall work without any failure for one season of winters.
The correct answer is,
Statement C