Michael's initial investment is $45.80, the cost of the share.
Michael Receives $1.71 in dividends.
He receives $47.50 for the stock when he sells it.
His profit on the sale of the stock is $47.50 - 45.80 = $1.70.
His total return on the stock is his total earnings, the dividends plus his profits on the sale of the stock, divided on what he paid initially, $45.80:
(1.71 + 1.70) ÷ 45.80 = .0744 = 7.45%
7.45% return on investment in less than a year, not bad!
Closest answer is 7.7%, not sure why it isn't exactly 7.45 or 7.5%.
Answer is B) 7.7%
Other Federalists claimed that the new government could not violate the people's rights because it only had limited powers. However, most state legislatures refused to ratify the Constitution without the Bill of Rights being added to the document.
Answer:
The solution would be (5, -2)
Step-by-step explanation:
To use this method, start by multiplying the second equation by -1. Then add the two equations together.
9x + 5y = 35
-2x - 5y = 0
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7x = 35
x = 5
Now that we have the value of x, use it to solve either equation for y.
2x + 5y = 0
2(5) + 5y = 0
10 + 5y = 0
5y = -10
y = -2
Answer:
V = 4000 ft³
Step-by-step explanation:
if diameter is 20 then radius is half that, or 10
use formula:
V = 4/3(3)(10)³
V = 4(10)³
V = 4(1000)
V = 4000 ft³
Answer:
1) Categorical
2) Norminal
Step-by-step explanation:
1)
The data collected by Kroger in this example categorical or quantitative identified below:
From the given information, Kroger uses an online customer opinion to obtain the data about its products and services. All the questions based on yes or no type questions. Here the questions are ‘products that have a brand name, products that are environmentally friendly, products that are organic’ these type of questions cannot be expressed numerically so the data collected by Kroger Company is categorical variable because these answers of the questions cannot be counted.
Any variable which is grouped into two or more attributes then it is a categorical variable. The data collected by Kroger Company is categorical variable and any variable which can be counted or measured in numerical then it is quantitative variable.
2)
The measurement scale is identified below:
Here the variable cannot be counted in numerical sale so the level of measurement cannot be ratio, interval because ratio and interval scale can be used for numerical data. The nominal scale can be used to identify the ‘products that have a brand name, products that are environmentally friendly, products that are organic, products that have been recommended by others’ because natural order need not be used.
The ratio and interval scale can be used for Quantitative data and nominal and ordinal scale can be used for Qualitative data. When the order is needed to categorize the objects Ordinal scale is used, when the order is not needed to categorize the objects Nominal scale is used.