Answer:
Return on the investment = 10.8%
Explanation:
<em>The return on a stock is the sum of the capital gains(loss) plus the dividends earned.</em>
<em>Capital gain is the difference between he value of the stocks when sold and the cost of the shares when purchased.</em>
Total shareholders Return =
(Capital gain/ loss + dividend )/purchase price × 100
So we can apply this to the formula:
Dividend = 1.8 × 340= $612
Capital gain = (83.54-77.03)× 340 =$ 2213.4
Cost of shares = 340 × 77.03= $26,190.2
% return = (612 + 2213.4)/ 26,190.2 × 100
= 10.8%
Answer:
No impairment loss would be reported
Explanation:
The computation is shown below;
Impairment loss = carrying value - recoverable amount
Where,
The recoverable amount would be the higher amount of fair market value and value in use
So the recoverable amount would be $2,545,000
Now the impairment loss is
= $2,500,000 - $2,545,000
= -$45,000
Since the impairment loss comes in negative so no impairment would be recorded
Answer: a. I, II, and III only
Explanation:
The exercise price refers to the amount that the person who buys the call option will get to buy the underlying stock at. If this price is high, the profit from buying the stock at maturity will be less so the value of the listed call option reduces.
As the contract approaches maturity, the value will decrease because it will be less volatile as it approaches maturity.
The purpose of buying a call option is so that a profit can be made if the underlying stock increases in value. If the stock decreases in value, the allure of the call option decreases so therefore will the value.
The sun being out causes children to come outside and “escape from their homes” to enjoy the sun. without the sun (rain or cloudy weather), children will most likely stay inside
Answer:
b . reship or store the goods for the seller.
Explanation:
Usually when a buyer rejects goods, in this case, Oh! Wow! Markets, Inc., it is their duty to notify the seller Poultry Processing Corporation of their reason for the rejection of non--perishable canned turkey, wait for instructions from Poultry Processing Corporation and then provide them with detailed list of defects.
Unfortunately, Poultry Processing Corporation is yet to send instructions on what to do to Oh! Wow! Markets, Inc.. If the good were perishable Oh! Wow! Markets, Inc. would have sold them and demand indemnity from Poultry Processing Corporation.
But since the goods are non-perishable, Oh! Wow! Markets, Inc is only left with two options, which are reship the shipment of canned turkey to Poultry Processing Corporation or store the shipment of canned turkey pending when Poultry Processing Corporation finally sends instructions on what to do.