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Lera25 [3.4K]
2 years ago
14

Curtis purchased stock with an initial share price of $140, and sold it when the share price was $119. While he owned the stock,

he earned $10 in dividends. What was his total percentage return on the investment?
Business
1 answer:
kondaur [170]2 years ago
4 0

Answer:

i think it is 31 i hope this helps brainlist pls

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3 years ago
A company purchased a plant asset for $53,000. It has a salvage value of $3,000 and annual depreciation expense of $5,000. It ca
marshall27 [118]

Answer:

The remaining useful life of the asset is = 10 - 3 = 7 years

Explanation:

The straight line method of depreciation charges a constant depreciation expense through out the useful life of the asset. The formula for depreciation expense under this method is,

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Plugging in the values for depreciation expense per year, cost and salvage value, we can calculate the total expected life of the asset.

5000 = (53000 - 3000) / estimated useful life of the asset

estimated useful life of the asset = 50000 / 5000

estimated useful life of the asset = 10 years

As the accumulated depreciation  balance is of 15000, the depreciation for 15000/5000 = 3years has been charged.

The remaining useful life of the asset is = 10 - 3 = 7 years

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3 years ago
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Explanation:

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On December 1, Year 3 Walton Company paid $3,600 cash for office space to be used during the coming year. This event is_________
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