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zvonat [6]
3 years ago
9

Sue purchased a stock for $25 a share, held it for one year, received a $1.34 dividend, and sold the stock for $26.45. What nomi

nal rate of return did she earn
Business
1 answer:
o-na [289]3 years ago
5 0

Answer:

11.16%

Explanation:

Calculation for What nominal rate of return did she earn

Nominal rate of return= ($26.45 + 1.34 − 25) / $25

Nominal rate of return= 0.1116*100

Nominal rate of return=11.16%

Therefore the nominal rate of return that she earn is 11.16%

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What decisions does the business cycle help businesses make? check all that apply
Tasya [4]
<span>the answers is 2,4,5,6</span>
7 0
3 years ago
Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto
Maru [420]

Answer:

$12,600

Explanation:

Particulars                                                              Amount

a. Issue common stock for cash                            $40,000

b. Purchase building and land with cash,            -$25,000

c. Provide services to customers on account       $6,000

d. Pay utilities on building                                      -$500

e. Collect $4,000 on account from customers     $4,000

f. Pay employee salaries                                        -$8,000

g. Pay dividends to stockholders                          -<u>$3,900</u>

   Net Cash Flow                                                    <u>$12,600</u>

7 0
3 years ago
A firm currently has a debt-equity ratio of 1/2. The debt, which is virtually riskless, pays an interest rate of 6%. The expecte
Svetradugi [14.3K]

Answer:

Expected return on equity is 11.33%

Explanation:

Using Weighted Average Cost Capital without tax formula, overall rate of return is given by the formula:

WACC=(Ke*E/V)+(Kd*D/V)

Kd is the cost of debt at 6%

Ke is the cost of equity at 12%

D/E=1/2 which means debt is 1 and equity is 2

D/V=debt/debt+equity=1/1+2=1/3

E/V=equity/debt+equity=2/1+2=2/3

WACC=(12%*2/3)+(6%*1/3)

WACC=10%

If the firm reduces debt-equity ratio to 1/3,1 is for debt 3 is for equity

D/V=debt/debt+equity=1/1+3=1/4

E/V=equity/debt+equity=3/1+3=3/4

WACC=10%

10%=(Ke*3/4)+(6%*1/4)

10%=(Ke*3/4)+1.5%

10%-1.5%=Ke*3/4

8.5%=Ke*3/4

8.5%=3Ke/4

8.5%*4=3 Ke

34%=3 Ke

Ke=34%/3

Ke=11.33%

4 0
3 years ago
Robert, the president of the labor union of a company, speaks to the management of the company about the requirement for an extr
vodomira [7]

Answer:

Taft-Hartley Act

Explanation:

Taft-Hartley Act is also known as the labour management relations act of 1947 and it restricts the activities and powers of labour unions. It stops unions for engaging in unfair labour practices such as jurisdictional strike, wild strike, political strike, secondary boycotts, and monetary donations to political campaigns.

Robert has violated the Taft-Hartley act by creating a fictional role in the company in order to get his cousin a job.

8 0
3 years ago
Plywood, while not the most pleasing wood to look at, has become an incredibly important building material in house construction
weqwewe [10]

Answer: Option (A)

Explanation:

Plywood is referred to as an element that is produced from several thin layers of the wood coatings which are tightly bonded together. It is mostly describd as an engineered ply i.e. wood derived from group of the manufactured boards that tends to mostly encompasses of the M.D. i.e. the medium-density fibreboard and also the particle board.

7 0
3 years ago
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