Answer:
Dollar profit/loss= $4.6
Holding period of return = 9.68%
Explanation:
Janet bought a share of stock for $47.50
Dividend paid is $0.72
The stock was sold later at $51.38
The first step is to calculate the dollar profit/loss
= stock after a year - cost of stock + dividend paid
= $51.38 - $47.50- $0.72
= $4.6
The holding period return can be calculated as follows
= dollar profit/loss ÷ purchasing price of stock
= 4.6/47.50
= 0.0968×100
= 9.68 %
Answer:
15 years
Explanation:
Use the FV formula to calculate the total duration;
Future value ; FV= 52,421
Present value; PV = 19,000
Interest rate ; r = 7% of 0.07 as a decimal
Total duration ; t = ?
Divide both sides by 19,000;
Introduce logarithm on both sides;
㏑2.759 = t㏑1.07
Divide both sides by ㏑1.07 to solve for t;
㏑2.759 / ㏑1.07 = t
t = 14.9998
Therefore, it will take 15 years
Oscar Pistorius, the sports personality, faced a situation of a murder case that negatively exploited by the media. Oscar Pistorius is a South African sprint runner who competed in Paralympic events. He was convicted as a murderer for the murder case of his girlfriend, Reeva. There were many frenzied media that distract the trial process.
Since, the options have not been given the question is incomplete. The complete question is as follows:
Bill and Ralph both work as cashiers for fast food restaurants. They are paid minimum wage. They are attending a black-tie party in an upper-class neighborhood. They drove there from the same part of town and they don't know each other. While they feel out of place there, they feel an understanding with one another. From what we know, what best explains why
a. Ethnicity and race
b. Region
c. Socioeconomic status
Answer: c. Socioeconomic status
Explanation:
Socioeconomic status can be defined as social standing of a person in society. It is based on education, occupation, and income that a person has. The comparison of socioeconomic status may raise inequalities in the society.
Bill and Rslph can be related to each based on the same socioeconomic status. They are paid with minimum wage thus their socioeconomic status is low. They have an upper class neighborhood which is also creating a great difference in comparison with the neighborhood socioeconomic status.
Due to low economic and social help they feel out of place and they are on the same situations thus they can understand one another.
Answer:
Option (a) is correct.
Explanation:
Sunk cost refers to a cost that is already incurred and cannot be recovered. It cannot be changed from any future decision.
Given that,
Original cost of the equipment = $500,000
Accumulated depreciation = $460,000
Sunk cost in this situation:
= Original cost of the equipment - Accumulated depreciation
= $500,000 - $460,000
= $40,000