1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iren2701 [21]
3 years ago
7

Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o

f the sale?
Business
1 answer:
djverab [1.8K]3 years ago
7 0

Answer:

$24

Explanation:

500 * 18 = $9000 worth of stock initially.

She sells with a $3000 gain, which means the value of the stock is $12000

12000/500 = $24

You might be interested in
Kasey Corp. has a bond outstanding with a coupon rate of 5.87 percent and semiannual payments. The bond has a yield to maturity
Viktor [21]

Answer:

Quoted price of bond = $1825.05

Explanation:

The quoted price or price of the bond can be calculated by taking adding the present value of the annuity payments in form of interest made by the bond and the present value of the face value of the bond. The formula for the price of bond is attached.

The interest is payed semi annually, thus the semi annual coupon payment (C)  is,

C = 2000 * 5.87% * 6/12 = 58.7

The semi annual YTM is = 6.9%/2  =  3.45%

Total semi annual periods are = 13 * 2 = 26

Bond Price = 58.7 * [(1 - (1+0.0345)^-26) / 0.0345]  +  2000 / (1+0.0345)^26

Bond Price = $1825.051207 rounded off to $1825.05

4 0
3 years ago
True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer pred
Hunter-Best [27]

Answer:

False. See expplanation below.

Explanation:

Training error by definition is the "error that you get when you run the trained model back on the training data."

False

Sometimes if we have more predictors than the neccesary we create bias and other problems like multicolinearity between the independnet variables. The idea is have a parsimonious model with the ideal number of variables and not with too much or too low variables.

For example we can have a linear model with just one predictor adjusted to the response variable perfect. And we can have another model with the same response variable but with 10 predictors with the same correlation and significance.

Always is important to understand the context of a problem in order to select the predictors to estimate the response variable in order to don't overestimate the number of parameters neccesary to use.

8 0
4 years ago
The investment a company makes in training employees to perform their duties and redesigning products and processes to improve t
Andre45 [30]

Answer:

True

Explanation:

Prevention Cost is the cost which is incurred to avoid the loss due to defects in the products manufactured, here the cost incurred is as follows:

Training employees that is the benefit from training will be reducing cost and improving quality of the product, therefore, it will be considered as prevention costs.

Further cost incurred for redesigning products and processes will improve the quality of the product and the process therefore this cost can also be considered as prevention costs.

Final Answer

The above statement is true.

4 0
3 years ago
Terrence buys a new car for $20,000. The value of the car depreciates by 15% each year. If f(x) represents the value of the car
Lana71 [14]
<span>Hi there,

100% - 15% = 85%
85% = 85/100 = 0.85

This is your factor of depreciation
The power it is raised to equals the years
20,000 x 0.85^3
= <span>12282.5
</span>
I hope my answer has come to your help. Thank you for posting your question here in Brainly.

</span>
5 0
3 years ago
Read 2 more answers
"Allison is going to create a lawn service business. Allison would like to limit her liability by creating a subchapter "S" corp
expeople1 [14]

Answer:

Since all businesses, except sole proprietorships, must obtain a state charter to start operating, the best place to look for is the state's statutes which regulate them.

A state statute is basically a state law that regulates or prohibits certain activities, and it must be passed by state legislatures. State legislatures generally have all their statutes organized and available for the public, e.g. by accessing the state legislature's website you can generally access all the statutes passed by them and search for the ones that apply to S corporations.

7 0
4 years ago
Other questions:
  • You want to re-engage with people from your CRM database that bought something from your website in the past six months. Which a
    10·1 answer
  • A company has net sales of $752,000 and cost of goods sold of $543,000. its net income is $17,530. the company's gross margin an
    7·1 answer
  • A typical registration statement filed with the SEC includes: (select all that apply) a. Any pending lawsuits or special risk fa
    6·1 answer
  • The capital accounts of Hawk and Martin have balances of $160,000 and $140,000, respectively, on January 1, the beginning of the
    12·1 answer
  • When yield curves are​ flat,
    10·1 answer
  • The buyer of a futures contract A. assumes the short position. B. may not sell the contract without the permission of the origin
    5·1 answer
  • Inventory which originally cost 50.0 is sold for 70.0 in cash. Which answer best describes how this transaction would be reflect
    7·1 answer
  • Which word names the way the different parts of language are arranged?
    15·1 answer
  • Định khoản kế toán các nghiệp vụ phát sinh
    5·1 answer
  • when collins inc. uses the proceeds from issuing bonds to purchase equipment needed to start a new product line, this is an exam
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!