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ira [324]
2 years ago
11

You purchased Butterfly Wing Corp. stock exactly one year ago at a price of $77.66 per share. Over the past year, the stock paid

dividends of $2.92 per share. Today, you sold your stock and earned a total return of 15.84 percent. What was the price at which you sold the stock
Business
1 answer:
Ira Lisetskai [31]2 years ago
6 0

Answer:

The shares were  bought at a price of  $26.981

Explanation:

The price of the share be represented as "y "

Capital gain= ( y - 77.6)

Dividend = 2.92

Total return in dollar =  ( y - 77.6)+ 2.92

total return in %= 15.84%

Return (%) =   (( y -77.6)+ 2.92)/77.66= 15.84%

(( y -77.6)+ 2.92)/77.66= 0.1584

<em>cross multiplying</em>

(( y -77.6)+ 2.92)=77.66 × 0.1584

y -14.68 = 12.301344

<em>Collecting like terms</em>

y =26.98

The shares were  bought at a price of  $26.981

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After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes
Sauron [17]

The correct answer is A) alignment.

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.

This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.

7 0
2 years ago
The following accounts were abstracted from Oriole Company's unadjusted trial balance at December 31, 2020: Debit Credit Account
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Answer:

$52,710

Explanation:

Calculation for allowance for uncollectible accounts credit balance

Using this formula

Allowance for uncollectible accounts credit balance=Estimated gross uncollectible accounts receivable *Accounts receivable

Let plug in the formula

Allowance for uncollectible accounts credit balance=7%* $753,000

Allowance for uncollectible accounts credit balance=$52,710

Therefore After adjustment at December 31, 2020, the allowance for uncollectible accounts should have a credit balance of $52,710

7 0
2 years ago
Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa management believes that a new mod
lys-0071 [83]

Answer:

$126

Explanation:

We can calculate the amount Mira can pay for the synthetic material per unit (refrigerator) and meet its profitability goal by deducting the estimated profit and then all the cost from the selling price per unit.

Selling price per unit                                        $260

Less

estimated return (260x30%) =                    ($78)

Labor costs                                                    ($32)

Overhead costs                                            ($24)

Material                                                              $126      

Amount Mira can pay for Synthetic material per unit is $126

               

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2 years ago
Brokers prepare a broker file that has all of the documents that may have a material effect upon the rights or obligations of a
s2008m [1.1K]

Answer:

One year from the date of the listing if the transaction is not consummated.

Explanation:

Retention period is the number of years as enforced by the law that a certain records must be kept compulsorily before it is eligible for destruction. The retention period shall be 1 one year from the date of the from the date of listing or closing of the transaction if the transaction is not consummated. Retention period is generally in many cases is 1 year and not more than that.

6 0
2 years ago
Yoonsuh, the chief technology officer at namkoong appliances, is in the process of identifying the results she wants her company
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<span>Yooshuh is in the process of strategic planning. She is developing the companies short term goals, those things that she believes can be reached within the next year as well as identifying the milestone dates to which she thinks these can be achieved.</span>
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2 years ago
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