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myrzilka [38]
3 years ago
8

You purchased 1,350 shares of stock in Natural Chicken Wings, Inc., at a price of $43.58 per share. Since you purchased the stoc

k, you have received dividends of $1.09 per share. Today, you sold your stock at a price of $47.76 per share. What was your total percentage return on this investment?A. 10.84%B. 12.09%C. 13.76%D. 9.59%E. 12.90%
Business
1 answer:
salantis [7]3 years ago
4 0

Answer:

B. 12.09%

Explanation:

Calculation for the total percentage return on this investment

Investment total percentage return= ($47.76 per share -$43.58 per share+$1.09 per share/$43.58) × 100

Investment total percentage return= $5.27/$43.58 × 100

Investment total percentage return= 0.1209× 100

Investment total percentage return= 12.09%

Therefore the total percentage return on this investment will be 12.09%

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On January 1, 2020, Danvers Company purchased a copy machine. The machine cost $800,000, its estimated useful life is 5 years, a
Elden [556K]

Answer:

The answer is $192,000

Explanation:

Double-declining-balance method is doubling the rate used.

To find the rate:

100percent÷5years

= 20%.

Doubling the rate:

20% x 2

=40%

Depreciation for December 31, 2020 is:

0.4 x $800,000

=$320,000.

Net book value of the asset at the beginning of January 1, 2021 is:

$800,000 - $320,000

$480,000.

Therefore, depreciation for December 31, 2021 is:

$480,000 x 0.4

=$192,000.

Therefore depreciation for December 31, 2021 is $192,000

4 0
3 years ago
The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experience
ludmilkaskok [199]

The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as  Consumer Behavior.

<h3><u>Explanation</u>:</h3>

The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.

It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as  habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.

6 0
4 years ago
Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
eimsori [14]

Answer:

The correct answer is $800

Explanation:

Giving the following information:

Fulbright Corp. uses the periodic inventory system.

Fulbright made the following purchases (listed in chronological order of acquisition):

· 40 units at $100

· 70 units at $80

· 170 units at $60

Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.

Ending inventory= [(100 + 80 + 60)/3]*10

Ending inventory= 80*10= $800

6 0
3 years ago
In 2016, Southwest Airlines had negative net working capital of $(2,346) million and current assets of $4,498 million. The firm’
timofeeve [1]

Answer:

B. $6,844 million.

Explanation:

We know,

Net working capital = Current asset - Current liabilities

Given,

Net working capital = $(2,346) million

Current asset = $4,498 million

Putting the value into the formula, we can get

Net working capital = Current asset - Current liabilities

Current liabilities = - Net working capital + Current asset

Current liabilities = - (2,346) + $4,498

Current liabilities = $2,346 + $4,498

Current liabilities = $6,844 million.

Option B is the correct answer.

7 0
3 years ago
A company manufactures a product that has a design (nominal) target width of 5 inches with tolerances of + .05 inch. The process
lisov135 [29]

Answer:

a. The process is capable of meeting design specifications because the index is greater than 1

Explanation:

Missing word <em>"a. the index is greater than 1.0, b. the process is not capable of meeting design specifications because the index is less than 1.0, c. the process is capable of meeting design specifications because the index is twice the process capability ratio, d. none of the above"</em>

Process capability ratio (Cp) = (USL - LSL) / 6σ

- USL = 5+0.05= 5.05

- LSL = 5 - 0.05 = 4.95

- Standard deviation σ = 0.01

Process capability ratio (Cp) = 5.05 - 4.95 / 6*0.01

Process capability ratio (Cp) = 0.1 / 0.06

Process capability ratio (Cp) = 1.666666666666667

Process capability ratio (Cp) = 1.67

Process capability ratio Cp > 1. So, the Process is capable of meeting design specification.

5 0
3 years ago
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