Castille sold 35 shares of stock for $47.50 a share. She bought the stock for $51 a share
last year. What was her dollar return (loss), not counting the commission?
$_____loss

Answers

Answer 1

Answer:

$122.50

Explanation:

The loss  will be selling price minus buying price

Loss = (35 x $47.50) - ($35 x 51)

Loss = $1,662.50 - $1,785.00

Loss = -$122.50

Loss = $122.50


Related Questions

what is consumer surplus​

Answers

Explanation:

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In mainstream economics, economic surplus, also known as total welfare or Marshallian surplus, refers to two related quantities: Consumer surplus, or consumers' surplus, is the monetary gain obtained .

Answer:

Consumer surplus is defined as the difference between the consumers' willingness to pay for commodity and the actual price paid by them , or the equilibrium price .

Why a manufacturer who makes watches involved in trade​

Answers

Answer:

to make money, if they trade their watches they will be expanding their business

The Nicor family is planning to purchase a new home 7 years from now. If they have $240,000 now, how much will be available at the time of purchase

Answers

Answer:

$530,400

Explanation:

The interest rate on the funds is 12%.

To find the answer, we use the future value of an investment formula:

FV = PV(1 +i)^n

Where FV = Future Value (the value we are looking for)

PV = Present value, in this case $240,000

i  = the interest rate, in this case 12%

n = the number of compounding periods, in this case, 7 years.

Now, we plug the amounts into the formula:

FV = 240,000 (1 + 0.12)^7

FV = 240,000 (2.21)

FV = 530,400

So the value available for buying the new home after 7 years is $530,400

2. You have a loan outstanding. It requires making three annual payments of $1000 each at the end of the next three years. Your bank has offered to allow you to skip making the next two payments in lieu of making one large payment at the end of the loan’s term in three years. If the interest rate on the loan is 5%, what final payment will the bank re

Answers

Answer:

$1,157.63

Explanation:

We must determine the future value of your loan. I'm assuming that the bank charges compound interest.

future value = present value x (1 + interest rate)ⁿ

present value = $1,000interest rate = 5%n = time = 3 years

future value = $1,000 x (1 + 5%)³ = $1,000 x 1.157625 = $1,157.625 ≈ $1,157.63

The balanced scorecard can be made more effective by developing it at a detail level so that employees:

Answers

Answer: can see how their actions contribute to the success of the firm.

Explanation:

The balanced scorecard shows the results of the actions that a particular company has already taken. It is used by the managers to track of activities that are to be executed and to also monitor the consequences of the actions that were taken.

The balanced scorecard can be made more effective by developing it at a detail level so that employees can see how their actions contribute to the success of the firm.

A homeowner in a sunny climate has the opportunity to install a solar water heater in his home for a cost of $2,481. After installation the solar water heater will produce a small amount of hot water every day, forever, and will require no maintenance. How much must the homeowner save on water heating costs every year if this is to be a sound investment

Answers

Answer:

the question is missing the discount or interest rate that we must use to calculate the answer.

for example, if the interest rate is 5% per year, then this would be a good investment if the homeowner can save $2,481 x 5% = $124.05 per year.

but if the interest rate is 8%, then the homeowner would need to save at least $2,481 x 8% = $198.48 per year.

Why should a global marketing manager consult local attorneys in other countries before creating a marketing campaign abroad?

Answers

Answer:

ok answer is c

Explanation:

i did this today and got a 100%

The dollar-euro exchange rate is $1.25 = €1.00 and the dollar-yen exchange rate is ¥100 = $1.00. What is the euro-yen cross rate? Group of answer choices ¥1.00 = €0.80 ¥125 = €1.00 None of the above ¥1.00 = €125

Answers

Answer:

¥1.00 = €0.80

Explanation:

Moral hazard is a barrier to financing global growth because:_______
a. firms sometimes have trouble determining whether they need funds or not.
b. if investors have trouble identifying high-risk firms they may be unwilling to give money to creditworthy firms.
c. there is the possibility that the funds are used for riskier behavior than the lender agreed to.
d. of the differences between financing using loans, portfolio investment and foreign direct investment.

Answers

Answer:

c. there is the possibility that the funds are used for riskier behavior than the lender agreed to.

Explanation:

True. The term "Moral Hazard" as used in an investment context, often refers to a scenario where one party with a lesser risk burden in a business agreement, deliberately takes investment risk that would be detrimental to others in the agreement who have a higher risk burden.

It is an unethical business practice; a moral hazard, and so acts as a barrier to investors who may want to finance global growth.

Livingston Co. has a subsidiary in Korea. The subsidiary reinvests half of its net cash flows into operations and remits half to the parent. Livingston's expected cash flows from domestic business are $100,000 and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year. The expected value of won is $.0012. What are the expected dollar cash flows of Livingston Co.? Group of answer choices $100,000 $160,000 $200,000 $60,000

Answers

Answer:

$160,000

Explanation:

The computation of the expected dollar cash flows is given below:

Cash Flow arise from the domestic business is

= $100,000

And,

Cash flow from korean subsidiary is

= 50% × (100,000,000 × $0.0012)

= $60,000

Total Expected Cash Flows is

= $100,000 + $60,000

= $160,000

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

Answers

Answer:

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

tactical, hands-on level

Explanation:

At the highest level of marketing management is the strategic level, which is more conceptual.  Down the scale is the tactical marketing plan, which specifies the marketing tools and techniques which a company will use to meet its marketing goals.   At this level, the tactical tools in use include advertising, sales promotions, and other activities that directly implement the strategic marketing plan.  The tactical level reduces the business strategic goals to marketing objectives.

For financial accounting purposes, what is the total amount of product costs incurred to make 20,250 units

Answers

Answer:

$411,075

Explanation:

Calculation for the total amount of product costs incurred to make 20,250 units

First step is to calculate Variable manufacturing cost per unit

Direct materials 7.70

Direct labor Variable 4.70

Variable manufacturing overhead 2.20

Variable manufacturing cost per unit $14.6

Second step is to calculate Total variable manufacturing cost

Variable manufacturing cost per unit$14.6

*Number of units produced 20,250 units

=Total variable manufacturing cost $295,650

($14.6*20,250)

Second step is to calculate Total fixed manufacturing cost

Fixed manufacturing overhead per unit $5.70

xNumber of units used to calculate fixed cost per unit 20,250 units

=Total fixed manufacturing cost $115,425

($5.70*20,250)

Now let calculate Total product cost

Total product cost = $295,650+$115,425

Total product cost=$411,075

Therefore the total amount of product costs incurred to make 20,250 units is $411,075

what is vegetable farming?​

Answers

Vegetable farming is the growing of vegetables for human consumption. The practice probably started in several parts of the world over ten thousand years ago, with families growing vegetables for their own consumption or to trade locally.



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