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krek1111 [17]
3 years ago
9

You purchased 1,400 shares of Barrett Golf Corp. stock at a price of $19.00 per share. While you owned the stock, you received d

ividends totaling $0.55 per share. Today, you sold your stock at a price of $21.00 per share. What was your total dollar return on the investment?
Business
1 answer:
raketka [301]3 years ago
3 0

Answer:

$3,570

Explanation:

We can calculate this by first totaling the different gains and then adding them together. The first type of gain would be from the dividend payments, which since they total $0.55 per share we simply multiply this value by the total number of shares.

$0.55 * 1,400 = $770

The next gain that was obtained was from selling at a higher price than at what the shares were purchased. You sold at a $2 per share profit ($21 - $19)...

$2.00 * 1,400 = $2,800

Now that we have both types of gains we simply add them together to find the total dollar value return

$770 + $2,800 = $3,570

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The free cash flow to the firm is reported as $205 million. The interest expense to the firm is $22 million. If the tax rate is
Natasha_Volkova [10]

Answer:

$2,445

Explanation:.

Calculation for the approximate market value of the firm

First step is to calculate the FCFE

FCFE = 205 - 22(1 - .35) + 25

FCFE=205-22(.65) + 25

FCFE=205-14.3+ 25

FCFE = 215.70

Second Step is to calculate the Market Value

Market Value = (215.70×1.02)/(.11 - .02)

Market Value=220.014/0.09

Market Value= $2,445

Therefore the approximate market value of the firm will be $2,445

4 0
3 years ago
On January 1, Year 1, the Accounts Receivable balance was $32,900 and the balance in the Allowance for Doubtful Accounts was $4,
Sunny_sXe [5.5K]

Answer:

$28,800

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

When the write off is done,

The Accounts Receivable balance = $32,900 - $1,210

= $31,690

Th allowance for doubtful debt account = $4,100 - $1,210

= $2,890

the net realizable value of accounts receivable immediately after the write-off is the difference between the accounts receivable and the allowance for doubtful debt account after writeoff

= $31,690 - $2,890

= $28,800

7 0
3 years ago
Which combination of factors would result in the lowest monthly mortgage payment?
Alenkinab [10]
Interest rate and years of repayment
5 0
3 years ago
Read 2 more answers
In contrast to the post-World War II period, before 1940 the government rarely intervened in the economy to influence inflation
Varvara68 [4.7K]

Answer: the government rarely intervened in the economy to influence inflation or unemployment rates.

Explanation:

Up until the Great Depression of 1929 to 1932, the government followed a laissez-faire policy where they rarely intervened in the market to influence inflation or unemployment rate.

After the Great Depression and then the second world war, this changed and the Federal government became very active in the economy through fiscal policy and massive government spending enabled the U.S. to surge ahead of other nations in terms of development.

3 0
3 years ago
Gilberto's Performance Pizza is a small restaurant in Philadelphia that sells gluten-free pizzas. Gilberto's very tiny kitchen h
irga5000 [103]

Answer:

In the short run, these workers are <u>variable</u> inputs, and the ovens <u> fixed </u>inputs.

Explanation:

In this matter, we can say that workers are variable inputs, due to the fact that there is a possibility that Gilberto varies the number of workers hired in relation to their production needs. Ovens, on the other hand, can be considered as fixed inputs, which are those inputs, whose quantities cannot be changed in the short term.

4 0
3 years ago
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