Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Apr 06, 2023

Use the return-on-investment formula to determine the return on an investment of 100 000 ordinary shares of R1 each made one year ago. The shares

Use the return-on-investment formula to determine the return on an investment of 100 000 ordinary shares of R1 each made one year ago. The shares are currently trading at R1.50 each. Dividends received to date amount to R1000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The returnoninvestment ROI formula is ROI Gain from Investment Cost of Investment Cost of I... 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

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

Introduction To Corporate Finance

Authors: Laurence Booth, Sean Cleary

3rd Edition

978-1118300763, 1118300769

More Books

Students also viewed these Finance questions

Question

★★★★★

Alex is 17 weeks pregnant. She comes into the clinic to get a alpha-fetoprotein test. A low result could indicate all of the following except

Answered: 1 week ago

Question

★★★★★

On January 1, 2021, La-Dee-Da Company awarded 15 million of its $1 par common shares to key officers, subject to forfeiture if employment is terminated within three years. On the date of the grant,...

Answered: 1 week ago

Question

★★★★★

The CEO of Sweet Holdings Limited recently said the company is targeting growth in the rest of Africa over the next 5 years in an effort to diversify revenue streams across a wider range of...

Answered: 1 week ago

Question

★★★★★

At the end of Year 1, Clayton Company had $7,000 of cash, $8,500 land, $2,500 of liabilities, $4,000 of common stock, and $9,000 of retained earnings. During Year 2, Clayton experienced the following...

Answered: 1 week ago

Question

★★★★★

According to several religious and community leaders, companies can become more socially responsible by allowing homeless people to stay overnight in the office lobby. The need is particularly urgent...

Answered: 1 week ago

Question

★★★★★

Evaluate the indefinite integral by using the given substitutions to reduce the integrals to standard form. [TVTX 77x 1 dx, u = 7x - 1 -

Answered: 1 week ago

Question

★★★★★

2.70 Lumber Rights A company interested in lumbering rights for a certain tract of slash pine trees is told that the mean diameter of these trees is 35 cm with a standard deviation of 7 cm. Assume...

Answered: 1 week ago

Question

★★★★★

What information does Alison need to determine the probable impact of Kelseys proposed project on the other projects in the department? Should her findings affect her decision about Kelseys project?...

Answered: 1 week ago

Question

★★★★★

Modify the code to build a system that a tactile switch connects to Port D pin 3 and Port D pin 0 connects to LED. If switch is OFF, LED turns OFF. If switch is ON, LED turns on. 15 GPIO PORTD DATA R...

Answered: 1 week ago

Question

★★★★★

12 Mitchell's Specialties sells high-end furniture (dressers, chairs, sofas, and tables). The company has been in business for several years. Based on its experience, management projects next year's...

Answered: 1 week ago

Question

★★★★★

Melanie Bolar (67) will use the single filing status. Her adjusted gross income during the year was $35,000. This is the amount she entered on her Form 1040, line 11. She would like to itemize...

Answered: 1 week ago

Question

★★★★★

Kelly Corporation had these transactions during 2017 (2pts.). Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity....

Answered: 1 week ago

Question

★★★★★

Is technology indeed making processes such as damage assessment more comprehensive and safer for responders? Discuss.

Answered: 1 week ago

Question

★★★★★

- 2) Discuss the functionality of PIN BASED security and PUSH BUTTON configuration security solutions in Wireless LAN. marks) (10 3) Define two types of authentication methods addressed by IEEE...

Answered: 1 week ago

Question

★★★★★

Suppose that in this time of pandemic, 50% of the population in a certain province had received financial aid. Let X be the number of people who received financial aid in a random sample of size 100....

Answered: 1 week ago

Question

★★★★★

Word Problem 17-18 (Algo) [LU 17-1 (2)] Lena Horn bought a Toyota Tundra on January 1 for $26,000 with an estimated life of 4 years. The residual value of the truck is $5,200. Assume a straight-line...

Answered: 1 week ago

Question

★★★★★

If the weighted average cost of capital is 10%, find the value of the company by using the actual and forecasted financial statements that you prepared in question 1. a) Prepare the free cash flow...

Answered: 1 week ago

Question

★★★★★

You have just begun your summer internship at Omni Instruments. The company supplies sterilized surgical instruments for physicians. To expand sales, Omni is considering paying a commission to its...

Answered: 1 week ago

Question

★★★★★

FinCorp Inc. has been using the services of San Bernadino Brokerage Company (SBBC) for the past six months. SBBC has informed FinCorp Inc. that the geometric mean monthly return was 7 percent and...

Answered: 1 week ago

Question

★★★★★

State three of the assumptions underlying the capital asset pricing model (CAPM).

Answered: 1 week ago

Question

★★★★★

At the beginning of the year you bought 250 shares of Lycel Ltd. at $82 each. During the year you received dividends of $750. At the end of the year the stock is trading for $87 and you decide to...

Answered: 1 week ago

Question

★★★★★

Express the following ratios in its lowest terms.

Answered: 1 week ago

Question

★★★★★

Express the following ratios in its lowest terms.

Answered: 1 week ago

Question

★★★★★

Express the following ratios in its lowest terms.

Answered: 1 week ago

Previous Question Next Question