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den301095 [7]
3 years ago
9

One year ago, you bought shares of Aaon, Inc at $36.48 a share. You received a dividend of $1.62 per share last month and sold t

he stock today for $41.18 a share. What is the capital gains yield on this investment?
a) 11.41%
b) 15.62%
c) 4.44%
d) 12.88%
Business
1 answer:
Pie3 years ago
7 0

Answer: 12.88%

Explanation:

The following information can.be inferred from the question:

Purchase price of share = $36.48

Dividend = $1.62

Selling price = $41.18

Capital gain = $41.18 - $36.48 = $4.70

Capital gain yield:

= Capital gain / Purchase price × 100

= (4.70 / 36.48) × 100

= 0.1288

= 12.88%

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International foods corporation insures its real and personal property, as well as the lives of its key employees, to protect it
adelina 88 [10]

International foods corporation insures its real and personal property, as well as the lives of its key employees, to protect its financial interest should some event undermine its security. this is:____.

Food Security

What is meant by food security ?

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International Foods Corporation insures its real estate, personal belongings, and the lives of its key personnel in order to safeguard its financial interests in the event that something were to compromise its security. Food security is this.

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3 0
1 year ago
6. In 1883, ____________ divided the nation into the four time zones still used today. a. the major railroad companies b. the fe
Ronch [10]

Answer: the major railroad companies

Explanation: In 1883, the major railroad companies in USA divided the time zone into four parts to simplify the time differences among them as well as for internal operations.

This was initiated at the industrial era and is still followed by the rail road companies in USA. The grouping of zones was important because of the large size of USA.

Hence, we can conclude that Option A is correct.

6 0
2 years ago
If the price elasticity of demand for a product equals 1, as its price rises the:______
Allisa [31]

Answer:

c. total revenue does not change.

Explanation:

A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.

Mathematically, the price elasticity of demand is given by the formula;

Price \; elasticity of demand = \frac {Percentage \; change \; in \; quantity \; demanded}{Percentage \; change \;  in \; price}

The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.

Generally, consumers would like to be buy a product as its price falls or become inexpensive.

For substitute products (goods), the price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.

If the price elasticity of demand for a product equals 1, as its price rises the total revenue does not change because the demand is unit elastic.

5 0
2 years ago
Suppose that the Town of Mapledale is considering hiring an additional firefighter. The expected benefit is estimated to be wort
Radda [10]

Answer:

(B) Hire the firefighter if the cost of the new firefighter is less than $75,000.

Explanation:

The city should hire the Firefighter only if the cost of new firefighter is less than $75,000.

Since $5 x 15000 residents = $75, 000.

Therefore it is still beneficial to hire a new firefighter if the cost is less than $75, 000

5 0
3 years ago
A minimum acceptable rate of return for an investment decision is called the: Multiple Choice Internal rate of return. Average r
spayn [35]

Answer:

Hurdle rate of return.

Explanation:

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The hurdle rate gives the description of the appropriate compensation as regards level of risk present. There are

higher hurdle rates associated with riskier projects.

It should be noted that A minimum acceptable rate of return for an investment decision is called the Hurdle rate of return.

6 0
2 years ago
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