All categories

3 years ago

Thomas bought 25 shares of stock at $59.25 per share. He received

Business

1 answer:

Mrac [35]3 years ago

8 0

Answer:

=8.8%

Explanation:

ROI is return on investments. It is calculated by the formula below.

ROI = net gains/ invested capital x 100

net gains in this case will be

Dividends = $74.06

Appreciation in price = ($61.50 x 25) - ($59.25 x 25)

=$1,537.5 - $1,481.25

=56.25

Total gain = $56.25 + $74.06

=$130.31

ROI = $130.31/1,481.25 x100

ROI= 0.087972 x 100

=8.79

=8.8%

You might be interested in

Lorraine is the marketing manager at sibil furnishings. to promote the latest range of furniture, she decides to place ads in lo

zhannawk [14.2K]

Lorraine is involved in Media Planning. Media planning<span> basically involves </span> sourcing and selecting optimal media<span> platforms that would be leveraged on to best promote a product. In this case, Lorraine's job generally entails </span><span>determining the best combination of </span>media<span> to achieve the marketing campaign objectives of Sibil furnishings. Therefore she is involved in media planning.</span>

4 0

3 years ago

Assume that the yen/dollar exchange rate quoted in Tokyo at 3:00 p.m. is ¥120 = $1, and the yen/dollar exchange rate quoted in N

Dvinal [7]

The dealer in New York is engaged in arbitrage.

<h3>What is arbitrage?</h3>

Arbitrage is when a market participant takes advantages of price differences in more than one market with the aim of making profit. The market participant usually buys currency in the cheaper market and sells in the more expensive market and thus earns a profit.

To learn more about arbitrage, please check: brainly.com/question/15721593

3 0

2 years ago

Royal Lawncare Company produces and sells two packaged products, Weedban and Greengrow. Revenue and cost information relating to

asambeis [7]

Answer:

$\left[\begin{array}{ccCc}&$Weedban&$Greengrow&$Total\\$Sales&90,000&210,000&300,000\\$Variable&-36,000&-147,000&-183,000\\$Traceable Fixed&-45,000&-21,000&-66,000\\$Business Fixed Cost&&&-33,000\\$ Income&9,000&42,000&18,000\\\end{array}\right]$

Explanation:

We will multiply the sales price by the production of each segment

Then, we do the same for the variable cost

Next, we write the traceable fixed cost

On the total we post the common fixed cost

finally the income per segment and for the company as a whole.

4 0

3 years ago

Read 2 more answers

If the estimated rate of gross profit is 30%, what is the estimated cost of the merchandise inventory on September 30, based on

romanna [79]

Answer:

$320,000

Explanation:

Given;

gross profit margin = 30%

Sep. 1 Merchandise inventory = $125,000

Sep. 1-30 Purchases (net) = $300,000

Sep. 1-30 Sales (net) = $150,000

Sep. 30 Merchandise inventory = ?

Gross profit margin = gross profit/sales

gross profit = 30% × 150,000

= $45,000

Cost of goods sold = Sales - gross profit

= $150,000 - $45,000

= $105,000

Opening inventory + purchases - cost of goods sold = Closing inventory

Closing inventory = $125,000 + $300,000 - $105,00

= $320,000

The estimated cost of the merchandise inventory on September 30 = $320,000

3 0

3 years ago

1. Match the following Teamwork Skills to their descriptions

Svetradugi [14.3K]

Answer:

1. a

2. d

3. e

4. b

5. c

5 0

3 years ago