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At the beginning of the year, your neighbor bought 250 shares of Nu-Tek Corporation and paid $104.32 per share. The share price

Vesna [10]

Answer:

Return on investment= 87.87 %

Explanation:

Dollar return on investment is the sum of the capital gains and the dividend received all expressed as a percentage of the cost of the investment.

Total cost = 250×104.32=26,080

Total capital gain = (193.65- 104.32)× 250 = 22,332.5

Dividend = $2.34 per share×250 = 585

Dollar return on Investment = (585 +22,332.5) /26080 × 100

= 87.87 %

8 0

3 years ago

Kim runs a restaurant. She expects her employees to deliver excellent customer service. As a result, the employees often feel pr

Harrizon [31]

Answer:

C) The authority-compliance style

Explanation:

Kim as well as other managers that follow the authority-compliance style believe that their subordinates are not important members of the organization. What matters is profits, and the higher the better, the needs of the employees are secondary.

This style focuses on exact work rules, arrangements, systems and discipline as a means to succeed. In the short run this leadership style can yield good results, improving employees' performance, but on the long run it doesn't work well, and all the benefits obtained at the beginning fade away.

5 0

3 years ago

Final Exam

Lyrx [107]

I may be wrong but I believe it was copper that’s why some america coins are still made out of it today

4 0

3 years ago

Dolce Co. estimates its sales at 180,000 units in the first quarter and that sales will increase by 18,000 units each quarter ov

Nataly_w [17]

Answer:

The answer is b) $5,319,000.

Explanation:

We have cash collection in third quarter will include:

+ 40% of sales in third quarter which is made in cash;

+ 70% of the remaining 60% of credit sales in third quarter which is collected within the quarter;

+ The remaining 30% of 60% credit sales in second quarter which is collected in third quarter.

We also have:

Sales in second quarter (units) = 180,000 + 18,000 = 198,000 units => Sales revenue = 198,000 x 25 = $4,950,000 => Cash collection in third quarter = 30% x (60%x 4,950,000) = $891,000;

Sales in third quarter (units) = 198,000 + 18,000 = 216,000 units => Sales revenue = 216,000 x 25 = 5,400,000 => Cash collection in third quarter = 0.4 x 5,400,000 + 0.7 x (0.6 x 5,400,000) = $4,428,000

=> Total cash collection in third quarter = 891,000 + 4,428,000 = $5,319,000

5 0

2 years ago

Read 2 more answers

Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect.

Furkat [3]

Answer:

B. The market demand is perfectly elastic at the market price. °

Explanation:

As we know that in the case of perfect competitive market there is a big number of sellers and buyers who sells same kind of product, there is no entry and exit barriers also the firm is a price taker

In addition to this, the market price and output would be measured by the supply and demand force. The profit maximizing output for every firm would considered the market price with the prescribed output and at the time when firm is shutdown so the market price would below the average variable cost

So the option b is incorrect

3 0

2 years ago

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