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Inessa [10]
3 years ago
14

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%

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Albert purchased a tract of land for $140,000 in 2016 when he heard that a new highway was going to be constructed through the p
Darina [25.2K]

Answer and Explanation:

Albert cannot claim any loss during 2019.

The sale of the property is necessary to claim the loss of depreciation on any type of movable or immovable property. In the following case, Albert is not selling his property due to which he cannot claim any loss, hence Albert's current year's loss claim will be zero.

8 0
3 years ago
A local newspaper devotes its New Year's Day issue to people who have performed heroically during the past year. One of the peop
Wittaler [7]

Answer:

PRIVACY RIGHT of a person or an individual

does not allow giving a person which is the plantiff a publicity that are unnecessary based on that person private life unless if the plantiff information they want to write about is important to the article.

Explanation:

Based on the information given we were told

that Janet was included in a local newspaper

for the people who have performed heroically in which the article stated that she had been unable to find work due to burns to Janet hands and her feet which in turn makes Janet to sued the newspaper for the invasion of her privacy.

Therefore how the case should be decided is that the PRIVACY RIGHT of a person or an individual does not allow giving a person which is the plantiff a publicity that are unnecessary based on that person private life unless if the plantiff information they want to write about is important to the article.

8 0
3 years ago
Alpha company anticipated unit sales of widgets are January, 5,000; February, 4,000; and March 8,000. Alpha consistently maintai
alexdok [17]

Answer:

1. 4,200 units

2.7,200 units

Explanation:

<u>Prepare the Production Budget for January and February</u>

                                                               January                   February

Budgeted Sales                                       5,000                       4,000

<em>Add </em>Budgeted Closing Stock                 3,200                       6,400

Total Production Needed                       8,200                      10,400

<em>Less</em> Budgeted Opening Stock             (4,000)                     (3,200)

Budgeted Production                             4,200                        7,200

Budgeted Opening Stock for January comes from 80% of closing inventory from December !

5 0
4 years ago
If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?
stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0
3 years ago
assume a company uses the weighted average method in its processing costing august 1 balance 62000 and materials 310,000 consist
gayaneshka [121]

Answer:

see explanation

Explanation:

<em>Hi, your question is incomplete, I tried to look for it online but I could not find it. Here is an explanation on the steps to solve the problem.</em>

Step 1 : Determine the Total Materials Cost

Total Materials Cost

Opening WIP cost                                      $310,000

Costs added during the period                  $40500

Total                                                           $350,500

Step 2 : Total Equivalent units for materials

Equivalent units for materials = Completed units + Equivalent units in ending work in process inventory.

Step 3 : Unit equivalent cost for materials

Unit equivalent cost = Total Cost ÷ Total equivalent units

Step 4 : ending work in process inventory cost

Ending work in process inventory = Unit equivalent cost x equivalent units in ending work in process with respect to materials

6 0
3 years ago
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