Answer:
9.4%
Explanation:
Initial investment=$22,000+$22,000=$44,000
number of shares bought=$44,000/$110(the investor paid $55 out of every $110)
number of shares bought=400
Increase in share in one year=$110*8%=$8.80
loan interest on each share=$55*6.6%=$3.63
rate of return=(increase in share price-loan interest)/initial amount invested
rate of return=($8.80-$3.63)/$55
rate of return=9.4%
Answer:
1.16
Explanation:
Given that,
Net sales = $4,000 million;
Cost of goods sold = $3,600 million;
Net income = $720 million
Average total assets = $3,450 million
Total Asset Turnover Ratio:
= Net Sales ÷ Total Average Assets
= $4,000 million ÷ $3,450 million
= 1.16
Therefore, the total asset turnover ratio of Flask Company is 1.16.
Answer:
The Maigold's free cash flow can be calculated using the below formula:
Cash Provided by Operations-Capital expenditure-Dividends paid
Explanation:
Cash provided by operations $21700
Capital expenditure ($10100)
Dividends paid ($3500)
Free cash flow of Maigold's $8100
Based on what you have a degree on, where the company/business is, would you be happy with the amount of money you got, and would you be ok with what you're doing.
