The operating income is $1,600, if revenues are $32,000.
The selling expenses consist of a fixed component of $1,200 and a variable component of $0.10 per unit.
The operating income is calculated by subtracting the total operating expenses from the gross profit.
Revenues: $32,000
Cost of goods sold: $6,000 (fixed cost) + $2.10/unit (variable cost) = $22,800
Gross profit: Revenues - Cost of goods sold = $32,000 - $22,800 = $9,200
Operating expenses:
Selling expenses: $1,200 (fixed cost) + $0.10/unit (variable cost) = $2,000
Administration expenses: $4,000 (fixed cost) + $0.20/unit (variable cost)
Total operating expenses: $2,000 + $5,600 = $7,600
Operating income: Gross profit - Total operating expenses = $9,200 - $7,600 = $1,600
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A manufacturer of electric stand mixers wants to better compete in this highly competitive market. It decides to offer its mixer in over 50 different colors so customers will be able to match the appliance to their kitchen décor. What type of value creation strategy does this represent?
Multiple Choice
low cost
standardization
localization
differentiation
Answer:
Explanation:
differentiation is the right answer option D
if prioritizing loans as when recording, a second mortgage or deed of trust is referred to as
When prioritizing loans in terms of recording, a second mortgage or deed of trust is referred to as a subordinate lien.
A subordinate lien means that it holds a lower priority compared to the first mortgage or deed of trust.
In the context of real estate financing, a first mortgage or deed of trust is typically the primary loan that is recorded first in the public records. It has priority over any subsequent loans or liens on the property. A second mortgage or deed of trust, on the other hand, is recorded after the first mortgage and is considered a subordinate lien because it holds a lower priority in the event of default or foreclosure.
The priority of liens is important because it determines the order in which creditors are repaid in the event of a foreclosure or sale of the property. The first mortgage or deed of trust has the first claim on the proceeds from the sale, while the second mortgage or deed of trust will receive its share after the first mortgage is satisfied.
This distinction is significant for lenders and borrowers alike, as it affects the risk and terms associated with each loan. Lenders offering second mortgages or subordinate liens may require higher interest rates or impose additional conditions due to the increased risk associated with their lower priority in the event of default.
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State fully the need for, and the uses of, a postal remittances book.
Answer:
Postal Remittance Book - a book kept for recording money received through the mail.
Explanation:
10. What influences consumer purchasing behaviors? (5 points)
Answer:
trends, the buyers personality, and other peoples influence
Explanation:
Gia's gross annual salary is $46,392. what is the recommended maximum monthly rent she should pay? question 27 options: $1082 $1648 $1933 $2784
Gia's gross annual salary is $46,392. what is the recommended maximum monthly rent she should pay is Maximum Monthly Rent Paid by Gia's = $ 1082.48
Gross pay is the overall amount of cash a worker receives earlier than taxes and deductions are taken out. for instance, whilst a business enterprise will pay you an annual income of $40,000 in line with yr, this means you have got earned $forty,000 in gross pay.
Examining your gross annual earnings, or the quantity of money you made in one economic year before deductions, is a critical part of dealing with your finances. Gross annual income is one every of many specific monetary terms that represent an enterprise or individual's ordinary profitability and price. as an example, landlords frequently take a look at condominium applicants' gross annual earnings to ensure their monetary conditions allow them to pay hire constantly and on time. In this article, we outline gross annual profits, net profits, earnings, and revenue. We also display a way to calculate gross annual profits with example conversions from hourly, every day, and weekly pay fees that will help you determine your personal gross annual profits.
A person's gross annual earnings is the amount of cash made inside a fiscal year earlier than deductions. net annual earnings, but, is the full sum of money made inside a yr after tax deductions. it's vital to calculate your net annual profits because it is able to show you ways much cash you have to be had to spend and save in the future. as an example, if you're making use of a loan or developing finances, your net annual income let you understand your monetary competencies.
Annual Salary of Gia= $ 46, 392
We will use the rule to determine, the monthly rent paid by Gia.
The rule states that 28% of monthly income should be used for Housing expenses and 36% of gross monthly income should be used for Debt Purposes.
28% of $ 46, 392
28/100 * 46, 392
1298976/100
12989.76
The value =$ 12989.76, is Yearly rent.
Monthly Rent
12989.76/12
=$ 1082.48
Maximum Monthly Rent Paid by Gia's = $ 1082.48
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True or False: After calculating how much money you have left after paying for all of your monthly expenses, you can
olan on spending up to 50% of that amount on car expenses
Based on microeconomic theory, it is true that after calculating how much money you have left after paying for all of your monthly expenses, you can
plan on spending up to 50% of that amount on car expenses.
Note that after making a payment on living expenses, such as rent, mortgage, utilities, loans, car payments, and food, the money that remains is discretionary income.
This discretionary income can be used as savings, investment, or spending on your discretionary expenses such as vacations and travel expenses, car expenses.
This is because discretionary expenses are categorized under wants instead of needs.
Thus, given that planning for car expenses is a want, then the statement in the question is True.
Hence, in this case, it is concluded that the correct answer is "True."
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based on her current balance, how much credit does this cardholder have available to use?
A: 0
B: about 500
C: about 1600
D: 2100
Answer: about $1,600
Explanation:
i just took that test lol
in order to simplify market transactions, an economy must use
In order to simplify market transactions, an economy must use:
1. Standardized Currency: Having a standardized currency eliminates the need for bartering or exchanging goods directly.
provides a common medium of exchange that simplifies transactions and facilitates economic activity.
2. Clear and Enforceable Legal Framework: An economy needs a clear and enforceable legal framework that defines property rights, contracts, and dispute resolution mechanisms. This ensures that transactions are legally recognized and protected, providing a sense of security and trust for buyers and sellers.
3. Efficient Payment Systems: An economy should have efficient payment systems in place, such as banking systems, electronic transfers, and payment platforms. These systems facilitate the transfer of funds between parties, making transactions faster and more convenient.
4. Market Infrastructure: An economy needs well-functioning markets with infrastructure that supports transactions, such as marketplaces, exchanges, and trading platforms. These facilitate the buying and selling of goods, services, and financial instruments.
5. Information Availability: Access to accurate and timely information about products, prices, and market conditions is crucial for efficient market transactions. This can be facilitated through market transparency, consumer protection regulations, and information dissemination mechanisms.
By implementing these elements, an economy can simplify market transactions, promote economic activity, and foster a more efficient and effective marketplace for buyers and sellers.
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please sir i need the answer within 16 minutes emergency asap
Which of the following is FALSE about software requirements? A. The process whereby stakeholders gather information about the required requirements and the existing system is called requirements disco
The false statement about software requirements is: The process whereby stakeholders gather information about the required requirements and the existing system is called requirements disco.
Software requirements are the functional and non-functional requirements that software developers gather from stakeholders. These requirements guide the design and development of software applications. Here are some false statements about software requirements:
False Statement: The process whereby stakeholders gather information about the required requirements and the existing system is called requirements disco. Truth: The process whereby stakeholders gather information about the required requirements and the existing system is called requirements elicitation.False Statement: Requirements cannot be changed once they have been documented. Truth: Requirements can be changed during the development of software applications, but these changes should be documented and communicated to stakeholders.False Statement: Software requirements only include functional requirements. Truth: Software requirements include both functional and non-functional requirements.False Statement: Software requirements are only for developers. Truth: Software requirements are for all stakeholders involved in the development of software applications, including developers, project managers, and business analysts.For more such questions on stakeholders
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Full-service brokerage firms
a. have lower commissions.
b. offer portfolio management.
C.provide no investment advice.
d. teach you how to do market research.
Please select the best answer from the choices provided
A B C D
Answer:
b. offer portfolio management.
Explanation:
When the brokerage firms provide full service so they would offer the portfolio management that means it manages the portfolio so that the risk could be minimized and returns could be high via investing the securities in different places rather investing at one place
Therefore option B is correct
Why is it important for o evaluate your advertising campaign when it is complete?
Answer:
A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.
Explanation:
The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.
What are the 3 types of external conflict?
External conflict primarily comes in three forms:
Character vs. characterCharacter vs. society. Character vs. nature.Give a brief account on external conflict.Characters in an external conflict are at odds with forces that are external to them. As a character strives to accomplish their aims, these outside factors obstruct their motivations and add tension.
External conflict primarily comes in three forms :
1. Character vs. character : Two characters come into conflict with one another when their wants or opinions disagree. In order to help the reader comprehend the root of these characters' conflict, each of them has been meticulously characterized through both indirect and direct means (and in some cases, is able to empathize with both).
2. Character vs. society : Instead of pitting the protagonist against other characters, this kind of battle places them against larger social forces. These forces might include everything from societal norms and unwritten traditions to political structures. Although one or more particular characters may personify society, these persons often serve as symbols or representatives of a wider system. Depending on the viewpoint of the character, the judgment of society in this kind of struggle may seem overpowering and collective or completely arbitrary.
3. Character vs. nature : Characters in this kind of conflict are threatened or kept apart by a natural force. A strong animal, a storm, an infectious disease, or another natural occurrence could all serve as representations of that force. Characters are forced to consider their lives and decisions since nature is a silent foe; frequently, this leads them to acknowledge their flaws, mistakes, or mortality.
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Owner must share their profits.
True or false
Answer:
True
Explanation:
the final step in the decision making process is to: make the decision. review the results of the decision. identify the decision problem. evaluate costs and benefits of alternatives.
The final step in the decision-making process is to make the decision. The decision-making process is a process that involves the selection of a course of action from various alternatives.
The process of decision-making comprises several stages, such as identifying the decision problem, generating alternatives, evaluating the alternatives, making the decision, implementing the decision, and reviewing the results. The last stage in the process of decision-making is to make the decision. In this stage, the decision maker selects the most appropriate alternative from the options generated during the evaluation stage.
The decision-making process is a process that involves the selection of a course of action from various alternatives. The process of decision-making comprises several stages, such as identifying the decision problem, generating alternatives, evaluating the alternatives, making the decision, implementing the decision, and reviewing the results. The last stage in the process of decision-making is to make the decision. The decision-making process is vital to organizations as it determines their success or failure in achieving their goals. Making decisions in an organization involves a group of people who work together to achieve a common objective. These people must work together and collaborate effectively to achieve a successful outcome. The decision-making process is not easy, and it involves analyzing information, generating alternatives, evaluating them, and selecting the best option that achieves the organization's objectives. The decision-making process must be thorough and systematic, and the decision-maker must consider all factors before making the final decision. The decision maker must evaluate the costs and benefits of each alternative before making the final decision. After making the decision, the organization must implement it and evaluate the results to ensure that it has achieved the desired outcome.
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Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.
-tasks
-skills
-tools
-qualifications
Answer:
are a - tool - construction workers use
People need to have ____ in the economy to spend money.
A) less disposable income
B) confidence
C) purchasing power
Answer:
B) confidence
Explanation:
Consumer confidence represents the level of optimism that consumers have on the general state of the economy. Consumer confidence is an expression of sentiments that the population has on the economic prospects in the country. The consumer confidence indicator is the metric used to measure consumer confidence.
High consumer confidence indicates that consumers are very optimistic about the prospects of the economy. When confidence is high, consumers tend to spend and invest more. With low confidence, consumers save more.
Compare and contrast what is meant by "liquidity" when referring to a CD and a mutual fund. (50 points!)
A liquidity of certificate of deposit means the ease of investors to making a withdrawals without incurring a penalty on the account while the liquidity of mutual fund means the ease of investors to making a withdrawals of the funds
What is known as Liquidity?In finance, the term "Liquidity" means the ease with which an asset or security can be converted into ready cash without affecting its market price. As it explains the ease of converting into ready cash without affecting its market price, the most liquid asset of all is the cash itself.
That said, the cash is the most liquid of assets while the tangible items are less liquid. The main types of liquidity include the market liquidity and accounting liquidity.
In conclusion, the liquidity of certificate of deposit and mutual funds means the ease of investors to making a withdrawals without incurring a penalty on the account and this is an important attribute of these securities as it measures the fund's ability to meet near-term shareholder redemption.
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A quality control procedure at a manufacturing plant involves randomly selecting five items and accepting a whole lot of at least four of the five items are in perfect condition. From past experiences 59.049% of whole lots are perfect. What is the probability that the next lot will be excepted?
Answer:
0.32072
Explanation:
Given that :
Number of items selected, n = 5
P(x ≥ 4)
Using binomial relation :
P(x =x) = nCx * p^x * (1 - p)^(n - r)
p = 0.59049 ; 1 - p = 0.40951
P(x ≥ 4) = P(4) + P(5)
P(x = 4) = 5C4 * 0.59049^4 * 0.40951^1 = 0.24893
P(x = 5) = 5C5 * 0.59049^5 * 0.40951^0 = 0.07179
P(x ≥ 4) = P(4) + P(5)
P(x ≥ 4) = (0.24893 + 0.07179) = 0.32072
an investor makes three deposits into a fund, at the end of 1, 3, and 5 years. the amount of the deposit at time t is 100(1.025)t. find the size of the fund at the end of 7 years, if the nominal rate of discount convertible quarterly is 4/41.
The size of the fund at the end of 7 years is $483.110
What is Nominal discount rate?A nominal discount rate of denotes a per-time period effective discount rate of. If the effective discount rate is per time period, then the discount factor is per time period. If the nominal discount rate is, then the discount factor is per time period. The real discount rate is used to calculate the difference between one-time and annualized costs. he annual real discount rate (also known as the real interest rate or interest rate) is calculated by HOMER using the "Nominal discount rate" and "Expected inflation rate" inputs.Therefore,
Number of quarters = 4
We are given that the nominal rate of discount convertible quarterly is 4/41
Discount rate in each quarter = 4/41(4) = 1/41
Let A is the value after discount and X is the original value:
A = X - X (1/41)
A = X (1- (1/41))
A = (40/41) X
X = (41/40) A
Now To calculate the value after 7 years we need to multiply each value by the interest raised to the correct power.
A = 100 × \(1.025^{1}\) × \(\frac{41}{40} ^{(7-1)\times4}\) + 100 × \(1.025^{3}\) × \(\frac{41}{40} ^{(7-3)\times4}\)
+ 100 × \(1.025^{5}\) × \(\frac{41}{40} ^{(7-5)\times4}\)
A=483.110
Hence the size of the fund at the end of 7 years is $483.110
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fill in the blank: when we are estimating the value of an unknown parameter, a 95onfidence interval identifies a range of values within which _____.
When we are estimating the value of an unknown parameter, a 95% confidence interval identifies a range of values within which the true population parameter is likely to be found.
A confidence interval is a statistical concept that provides a range of plausible values for an unknown parameter based on sample data. The 95% confidence interval, in particular, is commonly used in statistical analysis. It means that if we were to repeat the sampling and estimation process multiple times, approximately 95% of the resulting intervals would contain the true value of the parameter.
The construction of a confidence interval involves considering the variability in the sample data and applying statistical methods to calculate the range of values likely to contain the true parameter value. The width of the interval is influenced by factors such as the sample size, variability of the data, and the desired level of confidence.
Interpreting a 95% confidence interval, we can say that we are 95% confident that the true value of the parameter falls within the interval. It's important to note that the confidence interval does not provide a specific point estimate but rather a range of values. It captures the uncertainty associated with the estimation process and provides a measure of the precision of the estimate.
Researchers, analysts, and decision-makers often use confidence intervals to assess the reliability and precision of their estimates. They offer valuable insights into the potential range of values for a parameter and help inform decision-making processes by considering the uncertainty inherent in statistical inference.
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Why Products and Services Succeed or Fail
Thousands of products fail every year, sliding into oblivion and costing American businesses billions of dollars in lost investments. Ideally, a new product or service needs a precise protocol, a statement that, before product development begins, identifies (1) a well-defined target market, (2) specific customers' needs, wants, and preferences, and (3) what the product will be and do. If more businesses developed precise protocols before new product launches, the following infamous product failures could have been avoided: Kellogg's Breakfast Mates, Colgate's Kitchen Entrees, Cocaine Energy Drink, or Clairol's Touch of Yogurt Shampoo.
Both marketing and non-marketing factors contribute to new-product failures. Using research results from several studies on new-product success and failure, we can identify critical marketing factorsâwhich sometimes overlapâthat often separate new-product winners and losers. The most common reasons for new-product failures include (1) insignificant point of difference, (2) no economical access to buyers, (3) incomplete market and product protocol before product development starts, (4) not satisfying customer needs on critical factors, (5) bad timing, (6) poor product quality, (7) too little market attractiveness, and (8) poor execution of the marketing mix.
Read the case below and answer the questions that follow.
As hot coffee sales slumped in the late 1980s, the Pepsi-Cola Company noticed a new market trendâthe morning consumption of caffeinated soda. Soft-drink manufacturers had only captured a small portion of the morning beverage market at this point, which included Coca-Cola's advertising campaign for a "Coca-Cola in the morning." Although Pepsi had not conducted significant market research into the phenomenon of morning soda consumption, they believed that young adults were driving the trend of drinking caffeinated, carbonated beverages for breakfast. Pepsi was eager to pounce on the opportunity to capitalize on this growing section of the morning beverage market.
In 1989, Pepsi elevated the morning cola game with the introduction of Pepsi AM. Clad in a new red, white, blue, and yellow can, Pepsi AM featured 28 percent more caffeine per ounce than regular Pepsi with the same Pepsi Cola flavor. In blind taste tests, most consumers could not differentiate between regular Pepsi and Pepsi AM. Pepsi marketing executives believed that the caffeinated and sweetened Pepsi AM would be a natural replacement for a morning cup of coffee, even though Pepsi AM had 77 percent less caffeine than tea or coffee.
Despite an increase in morning soda consumption and Pepsi's efforts to promote Pepsi AM as a morning beverage, consumers did not seem to want a "morning only" soda. Consumers seemed perfectly happy drinking existing cola drinks or coffee at breakfast. Pepsi also failed to recognize the social implications of drinking coffee. For most consumers, drinking a cold glass of soda was not the same as a sipping steaming cup of joe. Pepsi AM was pulled from the market in 1990 after it failed to achieve sales forecasts and goals.
Answer the questions to determine the likely cause of the product failure.
1.) The name Pepsi AM suggests to consumers that the beverage should be consumed ________.
A. only in the evening
B. only in the morning
C. any time of day
2.) Pepsi AM was perceived to be _________ regular Pepsi by most American consumers.
A. the same as
B. quite a bit different than
C. significantly different than
3.) Drinking a cup of coffee and drinking a can of Pepsi AM were perceived to be socially _________ by most Americans.
A. different
B. similar
C. unrelated
4.) Marketing research and taste testing was implemented in order to avoid a _________ mistake with Pepsi AM.
A. limited market attractiveness
B. bad timing
C. poor product quality
5.) The primary source of competition for Pepsi AM was likely ________.
A. Pepsi
B. Coke
C. coffee
Based on the given information, 1.) The name Pepsi AM suggests to consumers that the beverage should be consumed only in the morning. Therefore, the correct option is B. 2.) Pepsi AM was perceived to be the same as regular Pepsi by most American consumers. Therefore, the correct option is A. 3.) Drinking a cup of coffee and drinking a can of Pepsi AM were perceived to be socially different by most Americans. Therefore, the correct option is A. 4.) Marketing research and taste testing was implemented in order to avoid a poor product quality mistake with Pepsi AM. Therefore, the correct option is C. 5.) The primary source of competition for Pepsi AM was likely coffee. Therefore, the correct option is C.
Based on the provided case study, the correct answers to the questions is as follows:
1.) B. only in the morning
The name Pepsi AM suggests to consumers that the beverage should be consumed only in the morning, as the "AM" in the name is commonly associated with the morning time.
2.) A. the same as
Pepsi AM was perceived to be the same as regular Pepsi by most American consumers, as indicated by the blind taste tests in which most consumers could not differentiate between the two.
3.) A. different
Drinking a cup of coffee and drinking a can of Pepsi AM were perceived to be socially different by most Americans, as indicated by the fact that Pepsi failed to recognize the social implications of drinking coffee and that most consumers did not want a "morning only" soda.
4.) C. poor product quality
Marketing research and taste testing was implemented in order to avoid a poor product quality mistake with Pepsi AM, as indicated by the fact that Pepsi conducted blind taste tests to ensure that consumers could not differentiate between regular Pepsi and Pepsi AM.
5.) C. coffee
The primary source of competition for Pepsi AM was likely coffee, as indicated by the fact that Pepsi marketing executives believed that the caffeinated and sweetened Pepsi AM would be a natural replacement for a morning cup of coffee.
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True or false genres or categories of repertory, do not necessarily transfer from one society to the next though they may be similar. Music
Answer:
True
Explanation:
Considering the style and function of music in society, researchers have found out that music is used for different specific purposes, in every different society as well.
In other word, there is specific music for specific events, hence, it is TRUE that "genres or categories of repertory, do not necessarily transfer from one society to the next, though they may be similar."
How do plants obtain the water required for photosynthesis?
Answer:
from their roots
Explanation:
the roots dig into the ground and absorb water for the plant
Answer:
they obtain their water from the roots of the plant and roots take the water from the soil.
How was Egypt affected by British imperialism?
After winning, Britain created a "veiled protectorate" over Ottoman-Egypt up to the First World War, restoring the Khedival rule in Cairo. In order to promote Egypt's cotton output and exports, the British occupation saw a surge in archaeological fieldwork, tourism, and irrigation projects.
Egypt became a protectorate of the British Empire, which meant that even while Egypt had its own government, the British continued to have significant influence over it. As a result, the British saw Egypt as being under their "protection" and led the African country in ways that suited them.
When the British invaded Egypt in 1882, they did not annex the country; instead, a nominally independent Egyptian government carried on. But the European countries, whose influence had increased, had already colonized the nation.
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Investment 2 Study questions Practice Questions: 1. On January 1, Stacy's portfolio was valued at $96,534. During the year Stacy received $3,285 in interest and $4,100 in dividends. She also sold one stock at a gain of $850. The value of the portfolio on December 31 of the same year was $113,201. At the end of June, Stacy withdrew $5,000 from the portfolio. What is the holding period return for the year? (refer slides for the formula) Sol: 25. 8% 2. Six months ago, Suzanne purchased a stock for $28 a share. Today she sold the stock at a price of $32 a share. During the time she owned the stock, she received a total of $1. 30 in dividends per share. What is her holding period return? Sol: 18. 9% 3. On January 1, Tim's portfolio was valued at $432,098. During the year Tim received $10,563 in interest and $15,060 in dividends. He also sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any more funds nor withdraw any funds during the year. On December 31 of the same year, Tim's portfolio was valued at $398,189. What is the holding period return for the year? Sol: -1. 9%
The holding period return for Stacy's portfolio for the year is 25.8%. The holding period return for Suzanne's stock is 18.9%.Tim's holding period return for the year is -4.67%, indicating a negative return.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
In Stacy's case, the beginning value of her portfolio on January 1 was $96,534, and the ending value on December 31 was $113,201. She received $3,285 in interest, $4,100 in dividends, and had a gain of $850 from selling a stock. She also withdrew $5,000 at the end of June.
Holding Period Return = [($113,201 - $96,534 + $3,285 + $4,100 + $850) - $5,000] / $96,534
= ($24,902 + $4,100 + $850 - $5,000) / $96,534
= $24,852 / $96,534
= 0.257 or 25.8%
Therefore, the holding period return for Stacy's portfolio for the year is 25.8%.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends] / Beginning Value
In Suzanne's case, the beginning value of the stock was $28 per share, and the ending value was $32 per share. She received $1.30 in dividends per share.
Holding Period Return = [($32 - $28) + $1.30] / $28
= ($4 + $1.30) / $28
= $5.30 / $28
= 0.189 or 18.9%
Therefore, Suzanne's holding period return for the stock is 18.9%.
In the case of Tim's portfolio, the holding period return for the year is -1.9%.
Tim's portfolio had an initial value of $432,098 on January 1 and a value of $398,189 on December 31. He received $10,563 in interest and $15,060 in dividends. However, he sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any additional funds or make any withdrawals during the year.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
= [($398,189 - $432,098) + $10,563 + $15,060 + (-$12,870)] / $432,098
= (-$33,909 + $10,563 + $15,060 - $12,870) / $432,098
= -$20,156 / $432,098
= -0.0467 or -4.67%
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This activity is important because it covers important terms for effective money management. The goal of this exercise is to identify the best ways to manage your personal finances. Complete each statement with the correct term. Note not all terms will be used.
Remainder Part of the Question:
Build Your Financial Base Terms:
The ______ is one of the best places to put your money.
A _______ is one of the worst places to keep long-term investments.
You can use a _______ to keep track of purchases.
Your _______ is likely to be the largest of the most important investments you make.
It is wise to plan your financial future with _______.
Available Options are:
Credit Card, Bank Account, Home, Uncertainity, Excitement, car, insurance, stock market, payday loan.
Answers:
A. Stock market
B. Bank Account
C. Credit Card
D. Home
E. Insurance
Explanation:
A. The Stock Market is one of the best places to put your money.
Stock markets are the source of raising funds for investments by the companies. The stock market helps the investor to choose the investment with appropriate returns and risks. Furthermore the investor can also diversify its return by managing the portfolio of investments.
B. A Bank Account is one of the worst places to keep long term investment
The lowest returns are on saving accounts hence it is the worst place for long term investments.
C. You can use Credit Card to keep a track of your purchases.
Credit cards can be used for tracking all of purchases because monthly statement mailed to you includes all the spendings during the year.
D. Your Home is likely to be the largest of the most important investments you make
Buying home is considered as one of the largest investments as it takes substantial savings of the person to buy an house. A roughly estimate would be the savings of 3-4 years for a small house for a couple.
E. It is wise to plan your financial future with Insurance.
Because Insurance helps you to lower your financial risks. The risk is associated with life, home, car, and physical assets and thus the investor must use insurance facility.
an investor expects the price of a stock to double after nine years. what is the expected annual rate of growth? group of answer choices 8.01% 6.98% 9.05% 10.15%
C) The anticipated annual growth rate is about 9%. To estimate how long it takes for a variable to double in value, the rule of 72 is used.
The rule says that the time needed to double a variable is 72 times the percentage growth rate of the variable (or 2, if the growth rate is 2%).
To respond to the question, we can make use of Rule 72. The number of years it takes for a value to double is determined by this rule:
72 / annual rate of growth We are aware that the stock price doubles in eight years for this question. We now have:
8 times the annual growth rate equals 72. The annual growth rate is 9 percent.
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What are the three ways a security interest is attached?
the first step in finding your dream job is _______where you identify all the things that are important to you.
The first step in finding your dream job is discovery where you identify all the things that are important to you.
What is a job?A job refers to any legal activity that allows an individual to perform a service and in return earn credits that the person can use to buy things. It can also mean some work that has to be done, for instance, there are jobs to be done in the house such as washing up, mending things that are broken, etc. Again, a job can also mean work that a person does to earn money.
The word may be used when a person works for someone else or an employer who pays them for the work.
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Sid Brutality is the lead guitarist and singer for a popular and successful rock group known as Bad Aftertaste. Bad Aftertaste practices twice a month at Sid’s home. Sid’s neighbor, Kate, is trying to sell her home. Does Kate need to provide written disclosure that Bad Aftertaste practices nearby?
Considering the situation described above, Yes, Kate needs to provide written disclosure that Bad Aftertaste practices nearby.
What is Written Disclosure?A Written Disclosure is a written agreement that is made to state the nature of the condition of items that forms the major part of the contract.
Given that Bad Aftertaste practices are nearby and the noise or sound of the band may affect the new neighbor or occupant of the building, it is expected that the potential buyer is aware of the nature of the building.
Written disclosure should be made and delivered to the buyer before acceptance is made. it must be dated and signed.
Hence, in this case, it is concluded that the correct answer is Yes; Kate needs to provide written disclosure that Bad Aftertaste practices nearby.
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