Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 22, 2024

Thomas purchased 6,562 shares of EKK stock for $132,393 one year ago. The stock pays annual dividends of $1.46 a share. Today, each share is

Thomas purchased 6,562 shares of EKK stock for $132,393 one year ago. The stock pays annual dividends of $1.46 a share. Today, each share is worth $46.67. What is Thomas total dollar return on this investment?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Healthcare Finance Modern Financial Analysis For Accelerating Biomedical Innovation

Authors: Andrew W. Lo, Shomesh E. Chaudhuri

1st Edition

0691183821, 978-0691183824

More Books

Students explore these related Finance questions

Question

What journals can be used to enter various merchandise purchase transactions?

Answered: 3 weeks ago

Question

Problems 94103. The purpose of these problems is to keep the material fresh in your mind so that you are better prepared for later sections, a final exam, or subsequent courses such as calculus....

Answered: 3 weeks ago

Question

=+c) What is the response?

Answered: 3 weeks ago

Question

A scale is constructed using the 10-kg mass, the 2-kg pan P, and the pulley and cord arrangement. Cord BCA is 2 m long. If s = 0.75 m, determine the mass D in the pan. Neglect the size of thepulley....

Answered: 3 weeks ago

Question

Assume coupons are paid annually. Here are the prices of three bonds with 1 0 - year maturities. Assume face value is $ 1 0 0 . Bond Coupon a . What is the yield to maturity of each bond? b . What is...

Answered: 3 weeks ago

Question

The following information relates to four assets: Probability Return on E Return on F Return on G Return on H 0 . 1 1 0 % 6 % 1 4 % 2 % 0 . 2 1 0 % 8 % 1 2 % 6 % 0 . 4 1 0 % 1 0 % 1 0 % 9 % 0 . 2 1 0...

Answered: 3 weeks ago

Question

a. Brodie is uncertain if the cost presented in Exhibit 2 are appropriate for determining the EOQs. What changes would you recommend, and why? Should the cost of the three idle part-time workers be...

Answered: 3 weeks ago

Question

Based on the method of least squares, what are the estimated weights of balls A and B? Round your answer to the nearest tenth in the format of x.x). = 2.6 B= 3.6 Answer 1: Correct! 2.6 Answer 2:...

Answered: 3 weeks ago

Question

Broad stakeholder objectives form the backdrop to operations decision-making, and top management's objectives provide a strategic framework. Outline five operations performance objectives. [25 Marks]...

Answered: 3 weeks ago

Question

Total Quality Management - The U.S. Department of Commerce through the National Institute of Standards and Technology have several questionnaires that can help businesses evaluate their Performance....

Answered: 3 weeks ago

Question

A radial fan is used to circulate fresh air (p = 1.20 kg/m) through a building. The fan operates at = 4000 rpm, has a volume flow rate of 0.8 m/s, and requires 2 kW to run. The blade geometry is...

Answered: 3 weeks ago

Question

What are some of the security considerations organizations must understand when implementing a human resource information system?

Answered: 3 weeks ago

Question

LO2 Discuss the constraints faced in a typical recruitment process.

Answered: 3 weeks ago

Question

What are some popular approaches to matching the supply of and demand for human resources? Briefly discuss two approaches (each) for situations when demand exceeds and is less than supply of human...

Answered: 3 weeks ago

Previous Question Next Question