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gladu [14]
3 years ago
15

What is the rate of return when 20 shares of Stock A purchased for \$30/share , are sold for $710? The commission on the sale is

$6
Business
1 answer:
nikklg [1K]3 years ago
7 0

Answer:

ROI=17.33%

Explanation:

the rate of return = Net gain/ initial investments x 100 %

Net gains = (selling price  - commissions) -  purchase price

Purchase price = 20 x $30 = $600

Selling price = 710

Commission = $6

ROI ={( 710 - 6) - 600}/ 600 x 100

ROI = 104/600 x 100

ROI= 0.173333 x 100

ROI=17.33%

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Mexico-based Rodriguez Engineering Corp. requires host-country nationals to be recruited to manage subsidiaries, while parent-co
GREYUIT [131]

Answer: Polycentric approach

Explanation:

A polycentric staffing policy is a form of staffing policy whereby the nationals of the host countries will be recruited and employed to helps manage the subsidiaries that are in their own country while the nationals of the parent countries will have to occupy th key positions that are available at th corporate headquarters.

This is the kind of approach that is used by Mexico-based Rodriguez Engineering Corporations in the question.

8 0
3 years ago
On January 1, 20X9, Pallet Company acquires 80 percent ownership in Slat Corporation for $200,000. The fair value of the noncont
polet [3.4K]

Answer:

<em>Consolidated Assets 850,000</em>

Explanation:

We need to calcualte the alue of the purchased portion of Slat.

total assets - non-controlled = proportional owned assets

250,000 - 50,000 = 200,000

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Pallet Company 650,000

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non-controlling    (50,000)

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7 0
3 years ago
Selected financial information for Feemster Company for 2012 follows. Sales $ 2,000,000 Cost of goods sold 1,400,000 Merchandise
olganol [36]

Answer:

The merchandise inventory turnover during 2012 is 8 times.

Explanation:

The following information is given:

Sales -  $ 2,000,000

Cost of goods sold - $1,400,000

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Merchandise inventory End of year - $ 195,000

After considering these information, it is easy to calculate the merchandise inventory turnover. The formula is shown below:

Merchandise Inventory Turnover =  COGS ÷ Average inventory

where average inventory = (opening inventory + ending inventory) ÷ 2

So,

Average inventory = ( $ 155,000 + $ 195,000) ÷ 2

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Now, we can compute easily

Merchandise Inventory Turnover = 1,400,000 ÷ $175,000

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Thus, the merchandise inventory turnover during 2012 is 8 times.

3 0
3 years ago
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