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seropon [69]
3 years ago
8

You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received tot

al dividends of $1,272. What is the total capital gain on this investment
Business
1 answer:
Alex Ar [27]3 years ago
3 0

Answer:

$678

Explanation:

Given that,

Number of shares sold = 300

Selling price of each share = $42.06

Cost of purchasing shares = $39.80 per share

Total dividend received = $1,272

We can easily determine the total capital gain on this investment by comparing the sales value and purchase value of this stock.

Total capital gain on this investment:

= Sales value - Purchase value

= (Number of units × Selling price per unit) - (Number of units × cost of purchasing per share)

= (300 × $42.06) - (300 × $39.80)

= $12,618 - $11,940

= $678

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In a perfectly competitive market
lawyer [7]

Answer:

D. No seller can influence the price of the product

Explanation:

A perfect market for competition is a market which has a high level of competition.  

It has the following features-

1. With regard to the market, knowledge is perfect in this rivalry between producer and consumer.  

2. Free entry, and exit

3. Deals with same or homogeneous products

4. The buyers and sellers are more in this market

5. There is no transport cost

Moreover, the average revenue and the marginal revenue are equal.

So, the correct option is D.

6 0
3 years ago
Which of the following describes a positive organizational culture? ANSWER Unselected Expresses the core values that a majority
aliina [53]

Answer:

Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth.

Explanation:

The organization's culture means the behavior in an organization. It includes the benefits that are shared among people, the values that are created by the leaders and the same is being communciated via different methods

So as per the given situation, the positive organization structure represent the strength of the employees, rewards, growth of an individual

Therefore the above represent the answer

5 0
3 years ago
A rookie quarterback is negotiating his first nfl contract. his opportunity cost is 10%. he has been offered three possible 4-ye
fomenos

Answer:

He should accept contract 2 because it has a higher present value.

 Explanation:

The numbers are missing, so I looked for a similar question:

<em>year 1 2 3 4 </em>

<em>Contract 1 $3,000,000 $3,000,000 $3,000,000 $3,000,000 </em>

<em>Contract 2 $2,000,000 $3,000,000 $4,000,000 $5,000,000 </em>

<em>Contract 3 $7,000,000 $1,000,000 $1,000,000 $1,000,000 </em>

<em>As his advisor, which contract would you recommend that he accept?</em>

we need to find the present value of each contract:

Contract 1 = $3,000,000/1.1 + $3,000,000/1.1² + $3,000,000/1.1³ + $3,000,000/1.1⁴  = $2,727,273 + $2,479,339 + $2,253,944 + $2,049,040 = $9,509,596

Contract 2 $2,000,000/1.1 + $3,000,000/1.1² $4,000,000/1.1³ + $5,000,000 /1.1⁴  = $1,818,182 + $2,479,339 + $3,005,259 + $3,415,067 = $10,717,847

Contract 3 $7,000,000/1.1 + $1,000,000/1.1² + $1,000,000/1.1³ + $1,000,000/1.1⁴  = $6,363,636 + $826,446 + $751,315 + $683,013 = $8,624,410

6 0
3 years ago
Roddy Richards invested​ $12014.88 in Wolverine Meat Distributors​ (W.M.D.) five years ago. The investment had yearly arithmetic
KengaRu [80]

Answer: 3.96%

Explanation:

The Arithmetic Mean is a most famous Quantitative Analysis method that simply involves adding up all figures involved and dividing it by the number of figures involved.

Calculating it therefore would be,

= -9.7 + -8.1 + 15 + 7.2 + 15.4 /5

= 19.8/5

= 3.96 %

There seems to be an error in the multiple choice.

3.96 % is the arithmetic average return of Roddy​ Richard's investment based on the information we have but it is not listed.

8 0
3 years ago
Lake Power Sports sells jet skis and other powered recreational equipment. Customers pay one-third of the sales price of a jet s
ValentinkaMS [17]

Answer:

$650,000

Explanation:

Calculation to determine what Lake would report in its December 31, 2021, balance sheet

First step is to calculate Net installment Receiveble for 2020 sales

2020 sales Installment Receiveble 300,000

($900,000-$300,000 2018 Collection -$300,000 2021 Collection)

Less Deferred gross profit $150,000

(450,000-$150,000 2020 collection-$150,000 2021 collection )

Net installment Receiveble for 2020 sales $150,000

Second step is to determine Net installment Receiveble for 2021 sales

2021 sales Installment Receiveble $860,000

($1,290,000-$430,000

Less Deferred gross profit $360,000

($600,000-$240,000)

Net installment Receiveble for 2021 sales $500,000

Now let determine what Lake would report in its December 31, 2021, balance sheet

December 31, 2021, balance sheet=$150,000+$500,000

December 31, 2021, balance sheet=$650,000

Therefore In its December 31, 2021, balance sheet, Lake would report: $650,000

6 0
3 years ago
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