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
tatyana61 [14]
3 years ago
10

Suppose a stock had an initial price of $96 per share, paid a dividend of $2.70 per share during the year, and had an ending sha

re price of $77.50. Requirement:a. Compute the percentage total return. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Percentage total return % b. What was the dividend yield? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Dividend yield % c. What was the capital gains yield? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Capital gains yield %
Business
1 answer:
AveGali [126]3 years ago
4 0

Answer: See explanation

Explanation:

Sales price = $77.50

Add: Dividend = $2.70

Less: Purchase price = $96

Dollar return = -$15.80

a. Compute the percentage total return.

= Dollar return / Purchase price

= -15.80 / 96

= -0.1646

= -16.46%

b. What was the dividend yield?

= Dividend / Purchase price

= 2.70 / 96

= 0.0281

= 2.81%

c. What was the capital gains yield?

= -16.46% - 2.81%

= -19.27%

You might be interested in
All of the following will cause a decline in a company’s gross profit EXCEPT A : selling products with a lower markup. B : clear
NISA [10]

Answer: Option D

                     

Explanation: In simple words, gross profit refers to the amount of revenue that the company is left with after deduction for the expenses that are incurred to make and sell that specific product.

The low pay to supplier means that the company will have a low cost to produce the product which will result in increase in gross profit.

Hence the correct option is D.

8 0
3 years ago
Match the word with the best definition.
Bas_tet [7]

Answer:

1. Income determines who will get what is produced

2. Consumers decide what to produce by what they are willing to buy

3. Demand determines how much will be produced

4. Businessmen decide how to produce goods to make a profit

5. Producers the human resources that make the products or perform the services

Explanation:

1. Income determines who will get what is produced

The level of disposable income in a target market determines the quality and quantity of products that will channeled to that market.

2. Consumers decide what to produce by what they are willing to buy.

It is consumers that dictates the tune in market because they are the ones paying for the goods, they have the decision-making power on what they will buy which in turn determines what firms will roduce.

3. Demand determines how much will be produced. Demand is a measure of what consumers are willing buy and in what quantity. The size of demand determines the size of the market that firms are going to supply with their products.

4. Businessmen decide how to produce goods to make a profit.

Firms use the generic strategy of cost reduction (cost leadership) or quality improvement (Product differentiation) as strategic options to decide wihich alternative will yeild more revenue.

5. Producers the human resources that make the products or perform the services.

Producers are the people at the factory floor or service centers manufacturing the good or rendering the service.

6 0
4 years ago
Presented here are selected transactions for the Leiss Company during April. Leiss uses the perpetual inventory system.
olga2289 [7]

Answer:

April 1

J1

Trade Receivable -  Mann Company $5,500 (debit)

Revenue $5,500 (credit)

J2

Cost of Goods Sold $2,500 (debit)

Merchandise $2,500 (credit)

April 2

Merchandise $9,000 (debit)

Trade Payable - Wild Corporation $9,000 (credit)

April 4

Merchandise $1,000 (debit)

Trade Payable - Ryan Company $1,000 (credit)

April 10

J1

Discount Allowed $110 (debit)

Trade Receivable -  Mann Company $110 (credit)

J2

Cash $5,390 (debit)

Trade Receivable -  Mann Company $5,390 (credit)

April 11

Trade Payable - Wild Corporation $9,000 (debit)

Cash $9,000 (credit)

Explanation:

Note : Leiss uses the perpetual inventory system

Therefore,

Recognize the Cost of Goods Sold with each sale that is made.

7 0
3 years ago
Financial aid letters show your aid and costs of attendance for _____
Free_Kalibri [48]

Answer: Four years

Explanation:

I just took a test over this

4 0
3 years ago
Spencer corp.'s attorney estimates that the company will ultimately have to pay between $250,000 and $500,000 relating to curren
Naddika [18.5K]

Spencer corp.'s attorney calculates that the company will ultimately control to pay between $250,000 and $500,000 relating to current litigation. spencer should accrue a contingent liability and loss of: $250,000.

<h3>What is contingent liability?</h3>

Liabilities that may be incurred by a company dependent on the result of an uncertain future event, such as the result of an ongoing lawsuit, are known as contingent liabilities. When they are both probable and reasonably estimable as a "contingency" or "worst case" financial consequence, these obligations are not recorded in a company's records and are not displayed on the balance sheet.

The kind and size of the contingent liabilities may be described in a footnote to the balance sheet. It is feasible to categories a loss's possibility as remote, improbable, or probable. It can be known, reasonably estimable, or not reasonably estimable whether a loss can be estimated. It might or might not happen.

Hence, Spencer corp.'s attorney calculates that the company will ultimately control to pay between $250,000 and $500,000 relating to current litigation. spencer should accrue a contingent liability and loss of: $250,000.

To learn more about contingent liability refer to:

brainly.com/question/17371330

#SPJ4

7 0
2 years ago
Other questions:
  • Jack, a student, has applied for a job in one of the top private banks in the United States. Jack feels securing a job with a pr
    6·1 answer
  • Which of these types of products usually involves the customer doing comparison shopping?
    14·1 answer
  • 4. The Argentinian peso has been steadily depreciating against the US dollar, but the government wishes to stop the depreciation
    11·1 answer
  • How should the acquisition of MPIS be financed, taking into account the issues of control, flexibility, income and risk? Cash fl
    5·1 answer
  • Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th
    6·1 answer
  • Shawn received an e-mail offering a great deal on music, movie, and game downloads. He has never heard of the company, and the e
    12·2 answers
  • g suppose that bigbucks company pays a dividend this year of $7 per share. You expect the dividend to grow by 2% per year, so yo
    11·1 answer
  • By addressing customer complaints as quickly as possible, even in the middle of a model year, is demonstrating ____.
    7·1 answer
  • You are bullish on telecom stock. the current market price is $110 per share, and you have $22,000 of your own to invest. you bo
    15·1 answer
  • Net income was $503,000 in 2020, $473,000 in 2021, and $521,000 in 2022. What is the percentage of change from (a) 2020 to 2021,
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!