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nalin [4]
2 years ago
6

4.Over the last six years the shares of company XYZ's stock had returns of 18 percent, 18 percent, 15 percent, -4 percent, 15 pe

rcent, and -7 percent. a.Calculate the arithmetic average return. b.Calculate the geometric average return.
Business
1 answer:
Sliva [168]2 years ago
5 0

Answer:

a. 9.17%

b. 8.64%

Explanation:

a. Arithemetic mean;

= (18 + 18 + 15 + (-4) + 15 + (-7) ) / 6

= 9.17%

b. Geometric mean;

= [ ( 1 + 18%) * ( 1 + 18%) * ( 1 + 15%) * (1 - 4%) * (1 + 15%) * (1 - 7%)] ^1/6 - 1

= 0.0863897168

= 8.64%

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Marizza181 [45]

Answer:

Listen, dont be disrespectfull, and learn from it

Explanation: Dont dig a deeper hole

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2 years ago
When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to?
Jlenok [28]

When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to purchasing or sale of up to the stated maximum number of round lots (the standard trading unit of the stock) at the stated price.

This is further explained below.

<h3>What is a firm?</h3>

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7 0
1 year ago
Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this pr
d1i1m1o1n [39]
An inner tube for a swimming pool would be in high demand during the summer months, and in incredibly low demand in the winter months. 
7 0
3 years ago
Gould Enterprises sells computer disks for $1.50 per disk. Unit variable expenses total $0.90. The breakeven sales in units are
Lera25 [3.4K]

Answer:

1,300 units

$1,950

Explanation:

The computation of margin of safety in units is given below :-

Margin of safety in units = Budgeted sales in units - Break-even sales in units

= 4,300 units - 3,000 units

= 1,300 units

The computation in dollars of safety is given below :-

Margin of safety  in dollars = Margin of safety in units × Selling per unit

= 1,300 × $1.50

= $1,950

4 0
3 years ago
RJ Miller Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid
djverab [1.8K]

Answer:

$48

Explanation:

Contribution = Sales - Variable Costs

where,

Sales = $120

Variable Costs = $120 x 10% + $60 = $72

therefore,

Contribution = $120 - $72 = $48

The contribution margin per unit is: $48

6 0
2 years ago
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