1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ira Lisetskai [31]
3 years ago
12

George purchased a futures contract at 349. The contract is on 2500 units, requires a 10% margin deposit and is priced in cents

per unit. George sold the contract at 278. What is George's return on invested capital
Business
1 answer:
Romashka [77]3 years ago
3 0

Answer:

-203.4%

Explanation:

Initial investment = 2,500*349*10%

Initial investment = 87,250

Return = (278 - 349) * 2,500 unit

Return = -71 * 2,500 unit

Return = -177,500

Return on invested capital = Return / Initial investment

Return on invested capital = -177,500/87,250

Return on invested capital = 2.034383954154728

Return on invested capital = -203.4%

You might be interested in
Michael is a U.S. citizen who currently lives in St. Louis. He hires John, an authorized vintage car broker (also a U.S. citizen
Andrei [34K]

Answer:

The correct answer is C. Only John's commission will be counted in the U.S.

Explanation:

When developing a job that generates income in St. Louis, it is considered that any sale you make because you are within the United States is taken into account within the GNP. For its part, the country that produced the car should consider it as GDP because it is part of the production carried out in a different jurisdiction.

3 0
2 years ago
Which of the following statements explains what information bank customers will most typically receive when securing loans?
SIZIF [17.4K]

Answer:

<u><em>A.</em></u>

<u><em>The loan will be set for a given range, and the bank will establish a rigid payment plan</em></u>

Explanation:

Hope this helps:)

7 0
2 years ago
Sanders, Inc., paid a $4 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo
maks197457 [2]

Answer:

The price of the stock today is $42.94

Explanation:

The price of a stock whose dividends are expected to grow at a constant rate is calculated using the constant growth model of Dividend Discount model approach. It bases the price of the stock on the present value of the expected future dividends. The price today under this model is calculated as follows,

P0 = D0 * (1+g)  /  r - g

Where,

  • D0 * (1+g) is the D1 or the dividend for the next year
  • r is the required rate of return
  • g is the growth rate in dividends

P0 = 4 * (1+0.052)  /  (0.15 - 0.052)

P0 = $42.938 rounded off to $42.94

6 0
3 years ago
Selected current year company information follows:
koban [17]

Answer:

b. 2.81 times

Explanation:

Calculation to determine Total stockholders' equity, end-of-year 121,851

Total asset turnover is:

First step is to calculate the Total assets

Beginning Ending

Total liabilities $83,932 $103,201

Total equity 198,935 121,851

Total assets $282,867 $225,052

Now let determine the Total asset turnover

Total asset turnover = $712,855/[($282,867 + $225,052)/2]

Total asset turnover= 2.81 Times

Therefore Total stockholders' equity, end-of-year 121,851

Total asset turnover is:2.81 Times

6 0
2 years ago
What punctuation is used to join two words together in a contraction?
BaLLatris [955]

Answer: Apostrophe

Explanation:You use it to connect two words together in a contraction. Its not rocket science....

3 0
3 years ago
Other questions:
  • Generating ideas by comparing specific project practices or product characteristics to those of other projects or products insid
    6·1 answer
  • The nodes on the original internet system were ________. large corporations marketing companies educational institutions militar
    7·1 answer
  • Insurance that protects a homeowner in case of a property ownership dispute is called:
    13·2 answers
  • In three to four sentences, explain how an increase in government spending can increase the national debt.
    9·2 answers
  • When shopping for your interview clothes, some trade-offs you face include: whether to get a job or not. choosing one brand of c
    11·1 answer
  • Ron sells commercial-grade tools to building contractors. Whenever he visits his customers, he looks to see if they are using hi
    6·1 answer
  • The Sarbanes-Oxley Act of 2002 (SOX) imposes stricter requirements over financial reporting and internal controls and stricter c
    13·1 answer
  • Find salary expense for March , July and December .
    10·1 answer
  • The Reingold Hat Company uses the allowance method to account for bad debts. During 2018, the company recorded $800,000 in credi
    15·1 answer
  • A Contracting Officer notifies you of an acquisition for a specific requirement and asks you to assist with market research to i
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!