FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A client portfolio has a January 1 market value of $200,000. On December 31, the client contributed an additional $31,000 to the portfolio and ended

A client portfolio has a January 1 market value of $200,000. On December 31, the client contributed an additional $31,000 to the portfolio and ended the year with a portfolio value of $234,600. Calculate the total return on the portfolio that comes from return on investments and not from new contributions.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Local Consumption And Global Environmental Impacts Accounting, Trade-offs And Sustainability

Local Consumption And Global Environmental Impacts Accounting, Trade-offs And Sustainability

Authors: Kuishuang Feng, Klaus Hubacek, Yang Yu

1st Edition

1317577272, 9781317577270

More Books

Students also viewed these Economics questions

Question

★★★★★
Let X be a Gaussian random variable with zero mean and arbitrary variance, 2. Given the transformation Y= X3, find fY (y).

Answered: 1 week ago

Question

★★★★★
The distance between two points P(6, -2) and Q(2a, a) is 5. Find the two possible values of a.

Answered: 1 week ago

Question

★★★★★
How should the significance level ???? be chosen in a hypothesis test?

Answered: 1 week ago

Question

★★★★★
You work as a supervisor in a manufacturing firm. The company has implemented a balanced-scorecard performance-appraisal system and a financial bonus for exceeding goals. A major customer order for...

Answered: 1 week ago

Question

★★★★★
The following information pertains to Galaxy Interiors: What is the amount of dividends paid for 2015

Answered: 1 week ago

Question

★★★★★
solution manually 1. Develop 3 different logic decision structure to present the solution using straight, positive and negative logic structure, you must show flowchart and pseudocode. 2. Convert...

Answered: 1 week ago

Question

★★★★★
The workplace practice of referring to your boss by his or her first name describes which of the following cultural characteristics? Collectivism Long-term orientation Individualism Low power...

Answered: 1 week ago

Question

★★★★★
To develop the agile capability for an organization s supply chain, they must start from within. Often centralized operations need to be decentralized to cut bureaucracy to respond to local...

Answered: 1 week ago

Question

★★★★★
Question 4. Fashion Extended bought some inventory from Calvin Klein in 2020 for $540,000 on credit terms and paid for the inventory in 2021. In 2021 Fashion Extended sold $315,200 of the inventory...

Answered: 1 week ago

Question

★★★★★
.80 80 Create the part shown in the orthographic multi-view drawing. Verify that you have the mass correct, then input the SURFACE AREA below. Units: IPS Part Origin: Arbitrary Material: ABS Mass:...

Answered: 1 week ago

Question

★★★★★
Keiras Kar Company purchases a Machine and incurs the following costs: Purchase Price $250,000 Sales Tax $5,000 Installation Cost $1,500 Electricity Costs for the Year $2,000 Deliver Costs $500...

Answered: 1 week ago

Question

★★★★★
11. In what environment or contexts is it the value you want others to associate you with that the value can best be expressed in? Do you seek out these contexts to learn?

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: action strategies, values and criteria.

Answered: 1 week ago

Question

★★★★★
1. Too understand personal motivation.

Answered: 1 week ago

Previous Question Next Question