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Dominik [7]
3 years ago
14

Two years ago, you purchased 164 shares of IBM stock for $111 a share. Today, you sold your IBM stock for $139 a share. For this

problem, ignore commissions that would be charged to buy and sell your IBM shares and dividends you might have received as a shareholder. (a) What is the amount of profit you earned on each share of IBM stock
Business
1 answer:
Hunter-Best [27]3 years ago
3 0

Answer:

a. $28

b. $4,592

Explanation:

Missing <em>"(b) What is the total amount of profit for your IBM investment?"</em>

<em />

a. The amount of profit per share = (End price-Beginning price)  = ($139 - $111) = $28.

Thus,  the amount of profit i earned on each share of IBM stock is $28

b.Total amount of profit = The amount of profit per share*Number of shares =($28 * 164) = $4,592

Thus, the total amount of profit for my IBM investment is $4,592

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Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash f
zepelin [54]

Answer:

44%

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

Internal rate of return can be determined using a financial calculator

Cash flow in year 0 = $-30 million

Cash flow in year 1 = $13 million

Cash flow in year 2 = $23 million

Cash flow in year 3 = $29 million

IRR = 44%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

6 0
3 years ago
__________data, or the facts and figures that have already been collected about the Coffee Collective prior to the research at h
creativ13 [48]

Answer:

The correct answer is c) secondary

Explanation:

The term Secondary data refers to the information that has been collected by someone different than the user. For example, the information collected by government departments sometimes appears on the internet, if any user takes this information from the internet and uses it on any homework, project, business, etc... It is considered such as secondary data.

5 0
3 years ago
Explain how a country could have a deficit on its primary income but a current account surplus. 4 marks​
Tatiana [17]
<h2>The following are the reasons for how a country could have a deficit on its primary income but a current account surplus:</h2>

  • The identified and associated sources of primary income would be different than the sources of financial activities that reflect their collection in the current account.
  • The expenses on developmental activities could be drawn from the primary account rather than drawing them directly from the current account.
  • There could be diversions of funds to manage the accounts in order to earn interest on them.
7 0
4 years ago
Cafeteria Department Cutting Department Assembly Department Janitorial Department cost allocation $155,000 $31,000 $124,000 Cafe
Mama L [17]

Answer: Assembly Department

Explanation:

Missing part of question is attached below.

Cutting Department

Under the direct method, the Cutting Department is allocated $62,000 of the Janitorial cost and $126,750 of the Cafeteria cost for a total of:

= 62,000 + 126,750

= $188,750

Assembly department

Allocated $248,000 of the Janitorial cost and $42,450 of Cafeteria:

= 248,000 + 42,450

= $290,450

<em>Assembly Department is therefore the department that is allocated the most support department costs under the direct method. </em>

7 0
3 years ago
Plzzzz ill give 25 points <br>asap plzzz I luv u for who ever does it​
Alika [10]

Answer:

can you please tell me the question because it's kind of blurry and I will be glad to answer it if I can

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3 years ago
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