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

Question

1 Approved Answer

Suppose that you purchased Vista, Inc. stock for $75. You paid a $5 commission. Also, you received a dividend of $2.75. The stock has increased

Suppose that you purchased Vista, Inc. stock for $75. You paid a $5 commission. Also, you received a dividend of $2.75. The stock has increased to $82. What is your rate of return? (Enter your answer in percentage form and round off to two decimal places, e.g., 32.65%. Do not enter the percentage sign.)

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

Financial Management For Decision Makers

Financial Management For Decision Makers

Authors: Peter Atrill

7th Edition

129201606X, 978-1292016061

More Books

Students also viewed these Finance questions

Question

★★★★★
How does a company report deferred gross profit resulting from the use of the installment sales method in its balance sheet?

Answered: 1 week ago

Question

★★★★★
3 What characteristics would you expect to see in any measurement processes and results measures in a high performing team that you wouldnt see in a average performing individual or team? Forbes...

Answered: 1 week ago

Question

★★★★★
d. What would production at a point outside the production possibilities curve indicate?

Answered: 1 week ago

Question

★★★★★
Journalize the following transactions in the accounts of Metromark Company, a restaurant supply company that uses the allowance method of accounting for uncollectible receivables: Feb. 11. Sold...

Answered: 1 week ago

Question

★★★★★
When the risk of the risky asset goes down, which type of investor gains most: conservative (relatively risk-averse) or aggressive (relatively risk-tolerant) investors? Why?

Answered: 1 week ago

Question

★★★★★
Rasha's Company Trial Balance December 31, 2019 Accounts Debit Credit Accounts Receivable 3,500 Loan 5,000 600 20,000 30,000 1,200 Utilities Expense Notes Payable Equipment Prepaid Rent Expense Cash...

Answered: 1 week ago

Question

★★★★★
The Johnstown Axle Company is working on creating its Finished Goods Inventory Budget. They anticipate the following: Manufacturing Overhead and Direct Labor are allocated per hour and Direct...

Answered: 1 week ago

Question

★★★★★
CASE STUDY 1 Read the case below and answer the questions that follow: [10] John applied for the post of supervisor at Amazing Textiles (Pty) Ltd, a textile factory. At his final interview he made it...

Answered: 1 week ago

Question

★★★★★
Case study In the highly competitive world of music streaming, Pandora chose to maintain a very employee centric model of work. The organization was proud of several HR initiatives which it thought...

Answered: 1 week ago

Question

★★★★★
An organisation chart graphically depicts an organisation structure. It shows how the work of different people in the organisation coordinated and integrated ( Chandler , 1 9 8 8 ) . Construction...

Answered: 1 week ago

Question

★★★★★
1. AS THE AIRBUS A-380 IS WIDELY CONSIDERED A TECHNOLOGICAL MARVEL, IT IS HARD TO COMPREHEND WHY THE OF SALES OF THIS AERONAUTICAL PRODUCT IS DECLINING. HAVING BUILT A STATE-OF-THE-ART AIRCRAFT, THEN...

Answered: 1 week ago

Question

★★★★★
(9) What steps do you now need to take to improve your current leadership development strategy?

Answered: 1 week ago

Question

★★★★★
(2) What do they not do so well?

Answered: 1 week ago

Question

★★★★★
(7) How are you measuring progress and benefits?

Answered: 1 week ago

Previous Question Next Question