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
kow [346]
2 years ago
15

You are bullish on telecom stock. the current market price is $110 per share, and you have $22,000 of your own to invest. you bo

rrow an additional $22,000 from your broker at an interest rate of 6.6% per year and invest $44,000 in the stock.
a. what will be your rate of return if the price of telecom stock goes up by 8% during the next year? (ignore the expected dividend.)
Business
1 answer:
deff fn [24]2 years ago
5 0

Answer:

9.4%

Explanation:

Initial investment=$22,000+$22,000=$44,000

number of shares bought=$44,000/$110(the investor paid $55 out of every $110)

number of shares bought=400

Increase in share in one year=$110*8%=$8.80

loan interest on each share=$55*6.6%=$3.63

rate of return=(increase in share price-loan interest)/initial amount invested

rate of return=($8.80-$3.63)/$55

rate of return=9.4%

You might be interested in
Marianne's Chocolates sell well in the U.S. at a price of $24 per pound, and she has overproduced one kind of chocolate bar. Mar
sammy [17]

Answer: Variable cost pricing

Explanation:

Marianne wants to sell in Mexico by setting the selling price in such a way that she adds the total variable cost to the markup. This way she would meet her cost and gain some level of profit.

8 0
2 years ago
You are closing the accounts you used to bill the project costs, but you still have some lingering expenses. Which best practice
Gre4nikov [31]
Project management and managing finances are often seen as two separate things. On the face of it, this makes sense. After all, projects focus on the delivery of assets and accounting on recording and interpreting financial transactions.

But, these two aspects on their own only tell half the story. The success of any project relies on project management and billing working together.
3 0
3 years ago
Albert, a developmental psychologist, conducts research on children's emotional reactions to studying math in school. Albert is
NeTakaya

Answer:

Psycho-social

Explanation:

According to my research on studies conducted by various Psychologists, I can say that based on the information provided within the question Albert is most likely concerned with the children's Psycho-social development. Psycho-social is the study of an individuals thoughts and behaviors based on his/her social interactions.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
All of the following are questions an opportunity assessment plan might answer except
Vikentia [17]

Answer:

A. How much capital do I need?

Explanation:

The question is incomplete with regards to the options.please refer below the complete question:

All of the following are questions an opportunity assessment plan might answer except:

A. How much capital do I need?

B. What market need does it fill?

C. What business skills do I have?

D. Can a patent be obtained?

5 0
3 years ago
​Treasurers, Inc., a manufacturer of gift​ articles, uses a single plantwide rate to allocate indirect costs with machine hours
d1i1m1o1n [39]

Answer:

Estimated manufacturing overhead rate=$300 per machine-hour

Explanation:

Giving the following information:

The estimated overhead costs for the year are $9,000,000.

The estimated machine hours are 30,000.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 9,000,000/30,000= $300 per machine-hour

6 0
3 years ago
Other questions:
  • Marlow Company purchased a point of sale system on January 1 for $5,800. This system has a useful life of 5 years and a salvage
    6·1 answer
  • What is the name of the economic system where the government regulates the prices and the supply of the goods?
    12·1 answer
  • Eric's Used Book Store prepares its financial statements in accordance with IFRS. Inventory was purchased for €6 million and lat
    10·1 answer
  • Since she was hired four months ago, Janelle has performed poorly on many aspects of her job. This is likely to be attributed to
    13·1 answer
  • Due to recent political and economic events, general prices of goods and services are expected to increase significantly over th
    6·1 answer
  • A marketing research project might involve analyzing ______ collected from grocery store scanners in order to produce ______ tha
    10·1 answer
  • Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of
    15·1 answer
  • True or false: if you were to learn that a bottle of gatorade increased in size from 2017 to 2018, that information would lower
    14·1 answer
  • The long run average cost curve is also called as​
    5·1 answer
  • In the month of June, a department had 19900 units in beginning work in process that were 75% complete. During June, 90200 units
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!