One year ago, Morgan invested $5000 to purchase 400 units of a mutual fund. He has just
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (21 reviews)
Given V i 5000 400 1250 per unit Rate of total return ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
The machining division of ITA International has a capacity of 2,000 units. Its sales and cost data are: Selling price per unit......................................$80 Variable manufacturing costs...
-
True Worth Hardware operates a chain of hardware stores. Recent operations have been stable and profitable, resulting in a significant amount of cash inflows. During the past fiscal year ended...
-
Refer to the facts in the previous question (P7-20). Record the journal entries appropriate for True Worths three investments beginning with the initial purchase. In exercise a. True Worth bought...
-
Develop two goals pertaining to your education, future career, or personal life. Each goal includes at least three objectives. Make sure your objectives include performance, conditions, and criteria....
-
Pinta Company, a forklift manufacturer, owns 80% of the voting stock of Standard Company. On January 1, 2011, Pinta Company sold forklifts to Standard Company for $400,000. The forklifts, which...
-
The average distance traveled by a molecule between successive collisions is called mean free path. For a given amount of a gas, how does the mean free path of a gas depend on (a) Density. (b)...
-
Do you expect that 56 26 Fe would undergo fusion? Explain why or why not. Use the binding energy curve in Figure 30.18.
-
On January 1, 2014, Wolf Creek Country Club purchased a new riding mower for $15,000. The mower is expected to have a 10-year life with a $1,000 salvage value . What journal entry would Wolf Creek...
-
Standby letters of credit are classified as O off balance-sheet liabilities. on balance-sheet liabilities. off balance-sheet assets. O on balance-sheet assets. O equity capital
-
1. Both the video and the case written to accompany it consistently use the terms team or teamwork. In Chapter 10, we use four criteria to characterize a team as a small number of people with...
-
Assume that the Potash Corporation shares in Table 9.3 will pay a $0.48 per share dividend in 2010. What must the share price be at the end of 2010 for a total rate of return in 2010 of 7%?
-
The Globe and Mail Report on Business noted that shares of Compact Computers produced a 55% rate of total return in the past year. The shares paid a dividend of $0.72 per share during the year, and...
-
Craig Watson is the ITC manager for a large company. He is responsible for installing a new computer suite. The following costs are associated with this installation. He is unsure whether to classify...
-
You are the cost accountant of an engineering concern which has three departments - preparation, machining and assembly. The budgeted direct labour hours for the workshops are 8,000, 12,000 and...
-
What alternative to fostering fun and enjoyment at work do you think might have worked for Zappos?
-
Using the techniques of dimensional analysis, and assuming that experimentation shows the dimensionless number to be 1, derive the following equation: E v = Job card two The results of an ultrasonic...
-
Given the historical cost of product Carla Vista is $13, the selling price of product Carla Vista is $15, costs to sell product Carla Vista are $3, the replacement cost for product Carla Vista is...
-
What causes of outliers in statistics and when I create a boxplot why do I not see the outliers. What steps are to take in creating a boxplot?
-
Explain how a deferred tax liability and a deferred tax asset conform to the definitions of a liability and an asset in the IFRS Framework.
-
Interview managers at three companies in your area about their use of ERP. How have their experiences been similar? What accounts for the similarities and differences?
-
What is the earnings per share of a company with net income of \(\$ 5,500\), issued common stock of 12,000 shares, and treasury common stock of 1,000 shares?
-
Select the best alternative among the following five alternatives. Assume the investment is for a period of 4 years and P = $10,000. (a) 11.98% interest rate compounded continuously (b) 12.00%...
-
What single amount on October 1, 1997, is equal to a series of $1000 quarterly deposits made into an account? The first deposit occurs on October 1, 1997 and the last deposit occurs on January 1,...
-
You are taking a $2000 loan. You will pay it back in four equal amounts, paid every 6 months starting 3 years from now. The interest rate is 6% compounded semiannually. Calculate: (a) The effective...
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
-
Difference between Operating Leverage and Financial Leverage
-
bpmn diagram for misc purchases
Study smarter with the SolutionInn App