Answer:
$35.71
Explanation:
The computation of the stock drop price is shown below:
Maintenance margin = Number of shares purchased × price - loan amount ÷ Number of shares purchased × price
30% = 200 shares × price - $5,000 ÷ 200 shares × price
30% × 200 shares × price = 200 shares × price - $5,000
60 × price = 200 shares × price - $5,000
After solving this, the price would be $35.71
And, the loan amount is equal to
= Number of common stock shares purchased × per share value × initial margin
= 200 shares × $50 × 50%
= $5,000
Mike brought 100 shares costing $53 each.
Total costs of shares= 100*53
=$5300
He got dividends of $1.45 per share. A dividend is money that is earnt back from a share.
Total dividend amount = 1.45*100
=$145
I'm assuming that Mike sold his shares at the end of the year. He sells for $60 each.
Total sales amount=60*100
=$6000
The rate of return in this instance can be defined as the amount of money made back from a share.
Rate of return= total earnings/ costs
Total costs= $5300
Total earnings=$6145
6145/5300=1.1594
=15.9%
Hope this helps! :)
Answer: Quasi contract
Explanation: A contract that exist by the order of court and not by the agreement between the parties is called a quasi contact. These contracts are made by the court to avoid the unjust enrichment of the party. In simple words these are the contracts created by the actions of the parties. In this case Stella was injured so she must be taken to the hospital which resulted in a quasi contract between her and the hospital.
Answer:
d. Harmon only needs to show the bank his record of income from
his old job, not his new business.
Answer:
b. generating some kind of social impact
Explanation:
Business ventures are established with a profit motive. The investor risks their resources, time, and efforts in the expectation of making profits. The investor and his or her business manager employ their skills and experiences to ensure that the business is profitable.
Not-for-profit organizations are formed to provide a service to specific members, a section or entire society. They aim at improving the well being of the community by providing essential services. Not for profit organization offer free services or charge a minimum fee. They get funding from members or founders of the organization or may receive donations from institutions and the general public.
