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alexdok [17]
3 years ago
14

Sergey bought two shares of a stock at $22 each in early January 2018. At the end of a year he earned $2 dividend on each one. B

y year-end 2018 the price had risen to $22.50. In early January (after the holidays) he bought another share at that price. At year-end 2019 the price was $22.80 and the dividend of $2 a share was again paid out. What was the dollar weighted return on his investment?
Business
1 answer:
Ipatiy [6.2K]3 years ago
6 0

Answer: 10.79%

Explanation:

Based on the information given, the return in year 1 will be:

= (22.5 + 2)/21 - 1

= 1.1136 - 1

= 0.1136

= 11.36%

The return in year 2 will be:

= (22.8 + 2)/22.5 - 1

= 1.1022 - 1

= 0.1022

= 10.22%

Therefore weighted return will be:

= (11.36% + 10.22%)/2

= 21.58%/2

= 10.79%

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Then, using his brother's name and dealing with seller records, he resold the computer systems to ache for $2, three hundred. this form of scheme is called a(n):d) Turnaround sale

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A business enterprise or a man or woman who sells a terrific or a carrier is a supplier. companies may promote to different companies, or they may be outlets that promote immediately to purchasers. An instance of a seller is a company that gives the stock to boutique apparel shops. Key takeaways. A vendor is a person or business that purchases goods and services from distributors and resells those gadgets to purchasers or different businesses. The 5 varieties of vendors are manufacturers, wholesalers, outlets, carrier and preservation vendors, impartial carriers, and alternate display representatives.

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6 0
1 year ago
Donovan manages a warehouse with over 1,000 associates performing a variety of tasks. After walking through the building talking
Vitek1552 [10]

Answer: by instructing his teams to create mission statements with clearly defined goals

Explanation:

These are the options:

A. by dismantling the teams so he can make one goal for the entire facility

B. by instructing his teams to create mission statements with clearly defined goals

C. by making all employees trade jobs for several weeks so they have more in common

D. by increasing the dependence of the teams on each other so all tasks share common goals

E. by giving each worker a set amount of time to find out what their goals should be or face discipline

From the question, we will realize that Donovan learned that just few of the workers in the company share any sense of common goals within teams as there was He notes disparity in what the workers were doing and the goals to be accomplished.

Based on the above scenario, he should instruct his team to create mission statement that has clearly defined goals. The mission statement will show the reason for the existence of the organization, the goal of the organization, the kind of product or service rendered etc. This will help the workers know what is expected from all of them and work towards it.

7 0
3 years ago
Assume a project has normal cash flows. according to the accept/reject rules, the project should be accepted if the?
True [87]

Assume a project has normal cash flows. According to the accept/reject rules, the project should be accepted if the: IRR exceeds the required return.

Internal rate of return (IRR) is a metric used in financial analysis to estimate the potential profitability of an investment. The IRR is the discount rate that drives the net present value (NPV) of all cash flows to zero in discounted cash flow analysts. This suggests that an expected angel investment IRR of at least 22% is considered a good IRR. The higher

the project's projected IRR and the higher the amount above its cost of capital, the more net cash the project brings to the firm. So in this case the project appears to be profitable and management should go ahead with it.

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6 0
2 years ago
A small foundry agrees to pay $220,000 two years from now to a supplier for a given amount of coking coal. The foundry plans to
MaRussiya [10]

Answer:

A) $24,602

Explanation:

We can solve this question by finding the periodic deposits needed by using the formula:

FV=PMT*\frac{(1+i)^n-1}{i}

where:

FV= future value   = $220,000

PMT = periodic deposits required = ???

i = effective  interest rate per period = 0.0331

n= number of deposits = 8

However, since the interest is compounded monthly, let's also  calculate the effective interest rate

Effective interest rate = (1+\frac{r}{m}) ^m-1

where; r = 12.5% = 0.125

(1+\frac{0.125}{12})^{12} -1

= 0.1324

Interest rate per period = \frac{0.1324}{4}

= 0.0331

Then;

220,000=PMT*\frac{(1+0.033)^8-1}{0.033}

220,000 = PMT × 8.986

PMT = \frac{220,000}{8.986}

PMT = $ 24,482.5

Since A) $24,602 is closer to $ 24,482.5

Therefore,  $ $24,602  must be deposited every three months

3 0
3 years ago
Demand for food doesn't change in response to a change in price. Why?
Alborosie

the answer is D, demand for food is inelastic

7 0
3 years ago
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