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emmainna [20.7K]
2 years ago
11

AT the beginning of the day stock XYZ opened at $6.25. At the end of the day it closed at $5.95. What was the rate of change of

stock XYZ
Business
2 answers:
maria [59]2 years ago
8 0

The stock went down 4.8%

Rate of Change of a stock is (New price - old price/ old price) *100

5.95-6.25 / 6.25 * 100

-.3/6.25 *100

-.048 *100 = -4.8%

Alex777 [14]2 years ago
4 0

Answer: -4.8%

Explanation:

APEX

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Which parts of this passage illustrate a company’s vision? Michael, who started his computer business 20 years ago, has now attr
Morgarella [4.7K]

Answer:

The below statement marks the company's vision.

In a period of 10 years, he states that the foundation envisions a broad and impartial society that respects and encourages children and actively enables people’s participation.

Explanation:

Companies tend to summarize their goals and objectives in mission and vision statements. Both of these serve different purposes for a company but are often confused with each other.

<u>Vision of a company/organisation</u>

  • Vision statement outlines what a company wants to be in the future.
  • The Vision Statement focuses on the future
  • It is a statement that is a source of inspiration and motivation.  
  • It describes not just the future of the organization but the future of the industry or society in which the organization hopes to effect change.

Relevance to the given scenario is that in the identified statement, Micheal has clearly demonstrated, what he sees for the foundation and how it wants to impact the foundation's stakeholders.

The vision of the foundation is as follows:

<em>In a period of 10 years, he states that the foundation envisions a broad and impartial society that respects and encourages children and actively enables people’s participation.</em>

<em></em>

Vision is different from the mission:

<u>Mission statement:</u>

The Mission Statement concentrates on the present; it defines the customer(s), critical processes and it informs you about the desired level of performance.

The mission of the foundation is as follows:

<em>The purpose of the foundation is to maximize the effect of public participation and welcome the recognition for volunteering.</em>

<em></em>

4 0
1 year ago
An analyst asked to perform a TCO analysis for a system would need to take into account
balu736 [363]
Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
4 0
1 year ago
Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Fran
gladu [14]

Answer:

s = $13,014.22

Explanation:

Sample values: $40,632, $35,554, $42,192, $33,432, $69,479 and $43,589

Sample size = 6

The standard deviation of a sample (s) is given by:

s=\sqrt{\frac{\sum(x_i-X)^2}{n-1}}

Where X is the sample mean, n is the sample size, and xi is each value in the sample.

The sample mean is given by:

X=\frac{\$40,632 +\$35,554+\$42,192 +\$33,432 +\$69,479 +\$43,589}{6} \\X=\$44,146.33

The standard deviation is:

s=\sqrt{\frac{\sum(x_i-\$44,146.33)^2}{6-1}}\\s=\$13,014.22

5 0
2 years ago
Snow Co. began operations on January 2, 2017. It employs 15 people who work 8-hour days. Each employee earns 10 paid vacation da
Arlecino [84]

Answer:

Given that,

Number of employees who work for 8-hours a day = 15

Annual paid leaves for each employee = 10

Average hourly wage rate(2017) = $24.00

Average hourly wage rate(2018) = $25.50

Average vacation days used by each employee in 2018 = 9

Therefore, the Journal entries are as follows:

(1) On 2017,

Wages expense A/c       Dr.  $28,800

To vacation wages payable                    $28,800

( 15 × 8 hrs × 10 days × 24)

(vacation wages)

(2) On 2018,

Wages expense A/c                                                   Dr. $1,620

Vacation wages payable(15 × 8 hrs × 9 days × 24) Dr. $25,920

To cash ( 15 × 8 hrs × 9 days × 25.50)                                             $27,540

(cash paid for vacation wages)

(3) On 2018,

Wages expense A/c       Dr.  $30,600

To vacation wages payable                    $30,600

( 15 × 8 hrs × 10 days × 25.50)

(vacation wages due in 2018)

3 0
2 years ago
Use the following items to prepare a balance sheet and a cash flow statement.
Natali5045456 [20]

Answer:

Total Assets=$18,170     Networth=Assets-Liabilites=$15,855

Total Liabilties=$2,315         Cash Outflows =$3,925  

Cash Inflows=$0

Explanation:

Total Assets  

Checking Account   450.00  

Savings Account   1,890.00  

Automobile   7,800.00  

Loan payment   (80.00)

Household Possession   3,400.00  

Stereo Equipment   2,350.00  

Computer                 1,500.00  

Stock Investment         860.00  

                       18,170.00  

Total Liabilties  

Loan                  2,160.00  

Credit balance   235.00  

Loan payment   (80.00)

                    2,315.00  

Networth=$18,170-$2.315=$15,855

 Cash Outflows  

Rent   650.00  

Salaries   1,950.00  

Food   450.00  

telephone    65.00  

Insurance   230.00  

Electricity   90.00  

Lunch/Parking   180.00  

Donation              70.00  

Purchase             110.00  

Restaurant Spending   130.00  

                          3,925.00  

Cash Inflows=$0

8 0
1 year ago
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