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Romashka [77]
2 years ago
15

You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increa

se in the stock over 6 months?
Business
2 answers:
Tema [17]2 years ago
6 0

Answer:

104%

Explanation:

200*23=4600

200*47=9400

9400-4600=4800

4800/4600=1.04

1.04*100%= 104%! :D

Nat2105 [25]2 years ago
4 0

Answer:

51 % increase

Explanation:

Stock A price= $23.00

Stock A price after 6 months= $47.00

Increase in price of Stock A= $47 - $23

                                          = $24

Percentage increase in stick price = <u>$24</u>  x  100%

                                                        $47

                                                     = 0.510 x 100%

                                                     = 51%

The percentage increase in the price of Stock A is 51%

Cheers

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vladimir2022 [97]

Answer:

$6,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Since the Allowance for Doubtful Accounts has a credit balance of $1,200 before adjustment at December 31, 2016, the additional amount to be allowed

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This will be posted as

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2 years ago
You are the account manager for an Internet service provider. A customer contacts you and complains that her recent billing stat
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b. Analyze the bad-news situation

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3 0
2 years ago
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slega [8]

Answer

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2 years ago
Shelp Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.15 Direct labor $ 3
MArishka [77]

Answer:

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Explanation:

In order to calculate the total amount of period costs incurred to sell 9,000 units we would have to make the following calculation:

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Variable administrative expense= 9,000*0.5=$4,500

Fixed selling and administrative expense= $40,500

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