All categories

3 years ago

Is Caterpillar a good stock investment? why?

Business

1 answer:

alexira [117]3 years ago

8 0

Answer:

Yes

Explanation:

Caterpillar's upbeat outlook and reliable dividend are great reasons to take a look at the stock. ... After easily beating the market in 2020, the stock is now up more than 150% from its pandemic low and 62% in the past year, more than four times higher than the S&P 500 and the industrial sector as a whole

You might be interested in

On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of

faltersainse [42]

Answer:

2021

revenue 2,666,667

we have cost for 2,000,000

income for 666,667

2022

revenue 3.278.400‬

cost 2,500,000

income 778.400‬

2023

revenue 2,054,933‬

cost 3,800,000

loss 1,745,067‬

Explanation:

2,000,000/ (2,000,000 + 4,000,000) = 1/3

in 2021 a third of the contract was complete therefore we recognize a third of revenue:

8,000,000 x 1/3 = 2,666,667

we have cost for 2,000,000

income for 666,667

2,500,000 / (2,500,000 + 3,600,000) = 0,4098

we recognize revenues for 40.98 of the total contract value.

8,000,000 x 40.98 = 3.278.400‬

cost 2,500,000

income 778.400‬

2023

we recognize the remaining revenue.

8,000,000 - 2,666,667 - 3,278,400 = 2.054.933‬ revenue

cost 3,800,000

loss 1,745,067‬

7 0

2 years ago

Can you describe cody's current financial position as good average or poor

Slav-nsk [51]

The question was based on https://www.longbranch.k12.nj.us/cms/lib/NJ01001766/Centricity/Domain/661/Codys_Statement_of_Financi....

If we would divide the given facts into assets and liabilities the answer is poor. He went below because of his spendings.

Assets                          Liabilities
TV-                    250                         student loan      2600
Mp3 Player       200                         credit card 1          850    Laptop    750 credit card 2           1200    Game system   250           loan from parents 200 watch      200 truck 3200 Checking Account       560    Savings Account 1      945                                                                          Savings Account 2 3400                                                 TOTAL                 $ 6555           TOTAL            $8050                LOSS $-1495

8 0

3 years ago

What is possession utility?

katrin2010 [14]

b.) The Value added to a product by transferring ownership to the customer.

is the answer

Explanation:

Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another. Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.

6 0

3 years ago

Choosing a car that costs __________ instead of a car that costs __________ means that you'll have less money available for othe

Savatey [412]

Answer: A. $8000; $7000

Explanation: If they spend more money, they will have less money for other purchases.

8 0

3 years ago

A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,250,000 and can be sold for $

MissTica

Answer: $615,810‬

Explanation:

The Book Value of the Asset at the end of 4 years will be;

= Cost of equipment - Accumulated Depreciation

= 3,250,000 - ( 3,250,000 * ( 20% + 32% + 19.20% + 11.52%))

= 3,250,000 - 2,688,400

= $561,600

The Equipment will be sold at $645,000 meaning a gain is made

= 645,000 - 561,600

= $83,400

Tax to be paid is;

= 83,400 * 0.35

= $29,190

After-tax salvage value of the equipment = Sales Price - Tax

= 645,000 - 29,190

= $615,810‬

5 0

2 years ago

Is Caterpillar a good stock investment? why?​

Is Caterpillar a good stock investment? why?