Joelle purchased 100 shares of PAC stock for $20 per share and sold this same stock one year later for $25 per share. She paid commissions of $60 when she purchased the stock and $70 when she sold the stock. Dividends of $2 per share were paid during the year. The total rate of return on this investment was

Answers

Answer 1

The total rate of return on this investment made by Joelle, who purchased 100 shares of PAC stock for $20, is 26.8%.

What is the rate of return?

The rate of return refers to the percentage of net profit or loss from an investment.

The rate of return can be computed as the total returns divided by the total cost, multiplied by 100.

Data and Calculations:

Cost price of stock = $20 per share

Total cost = $2,000 ($20 x 100)

Sales price per share = $25

Total sales value = $2,500 ($25 x 100)

Commission paid = $130 ($60 + $70)

Dividends received = $200 ($2 x 100)

Total proceeds from the investment = $2,700 ($2,500 + $200)

Total cost of investment = $2,130 ($2,000 + $130)

Total returns in dollars = $570 ($2,700 - $2,130)

Total rate of returns = 26.8% ($570/$2,130 x 100)

Thus, the total rate of return on this investment by Joelle from PAC shares is 26.8%.

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Related Questions

Your client, bruno, is an investor. he is in the process of selling a fourplex and mentions to you that he hates the idea of the capital gains tax he'll be subject to. what should you tell him

Answers

I will tell him to consider a 1031 tax-deferred exchange as he hates the idea of the capital gains tax that will be imposed on his sales of his fourplex.

What is a capital gains tax?

These is a type of tax that is owed on profits made from the sale of most investments if they are held for at least one year.

In conclusion, because bruno dislikes the idea of the capital gains tax that will be imposed on his sales of his fourplex, then, i will tell him to consider a 1031 tax-deferred exchange.

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The sum of the results produced by a team

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True or false
In the case of a work team, individual efforts result in a level of performance greater than the sum of those individual inputs.
True

As a part of a human resource planning process, managers reviewed data regarding the knowledge and skills of all current employees as well as a profile of characteristics available in the external market. The managers are engaging in

Answers

The managers are engaging in C) supply forecasting.

What is employee supply forecasting?

Supply forecasting in human resource management refers to the estimation of the supply of human resources.

Supply forecasting takes into consideration the analysis of current human resources inventory and future availability in the external market.

Answer Options:

A) demand forecasting.

B) insourcing.

C) supply forecasting.

D) simulations.

E) recruitment.

Thus, the managers, who reviewed data about the knowledge and skills of all current employees and a profile of characteristics in the external market, are engaging in C) supply forecasting.

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Since 2007, FedEx has contributed millions to the PGA Tour, and as its most lucrative donor, an event is named after the company. This is an example of

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An example of a sponsorship is illustrated when FedEx contributed millions to the PGA Tour which makes its the most lucrative donor for the tour.

What is a sponsorship?

This is a act of committing resources to a nonprofit event in exchange for specific promotional benefits.

Most time, they are often in financial support from businesses who wants to sponsor events, trade shows, groups, charity etc.

Therefore, the example of a sponsorship is illustrated when FedEx contributed millions to the PGA Tour.

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Expansionary fiscal policy causes the aggregate demand curve to shift to the _______ and is used to close a(n) _______ gap.

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The expansionary fiscal policy causes the aggregate demand curve to shift to the right and is used to close a recessionary gap.

What is an expansionary fiscal policy?

This is a fiscal policy that seeks to stimulate demand through the use of government income and increased spending.

Most time, this fiscal policy increases the level of aggregate demand through an increases in government spending.

Therefore, the word "right" and "recessionary gap" is correct.

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Explain how the federal reserve regulates the money supply.

Answers

The Federal Reserve regulates the money supply by raising the requirements of the reserve.

What is Federal Reserve?

The Federal Reserve System is the U.S. of America's central banking system.

After just a series of financial turmoil, a need for centralized control of the financial system to mitigate credit crisis led to the enactment of the Federal Reserve Act on December 23, 1913.

The Federal can regulate the money supply by increasing reserve requirements, which reference to the sum of money institutions must maintain against bank deposits.

Banks will be able to loan more money when reserve requirements are lowered, increasing the total supply of money in the economy.

Therefore, by raising the reserve, the Federal Reserve regulated the money supply.

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what are the factors pricing up a product? Please mark me the brainiest. Thank you

Answers

Answer:

1) Product has more demand.

2) Competition.

3) Buying pattern of the consumer.

4) Economic Enviroment

5) The Governments Policy

Explanation:

Some main factors of pricing up a product.

Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a(n) ______ strategy.

Answers

Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

What is multinational enterprise?

Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.

They also involve in production of goods and services.

Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

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Which is a formatting characteristic of a full-block business letter?.

Answers

Answer:

In a full block business letter, every component of the letter heading, address, salutation, body, salutation, signature, identification, enclosures is aligned to the left. Also first sentences of paragraphs are not indented.

Explanation:

hope this helps

What type of living cost in the u. S. Rose a record 17 percent over the last year, as home prices and construction costs surged more than 19 percent?.

Answers

The living cost that has risen by 17% in the past year as a result of home prices rising is Rent.

How have prices changed?

As the nation rebounds from the pandemic and is on a strong spending spree, home prices and construction costs have risen by more than 19%.

The result of this is that rent has increased by 17% in the past year as homeowners seek to recoup the cost of home construction.

In conclusion, the living cost of rent has risen by 17%.

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Suppose a firm using a functional design has an established goal of achieving 20% sales growth per year but performance has been only 10% per year. You decide to shift to a divisional structure. What kind of control are you utilizing

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Based on the fact that the firm is now using a divisional structure, the control being utilized is Decentralized control.

What is decentralized control?

This is a type of control that sees the different divisions and composite parts of a company being relatively independent.

This is seen in divisional structures where a company could divide itself based on products and projects. These divisions operate semi-autonomously from each other which makes it a decentralized structure.

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To _____________ is to use the control function that evaluates business operations against some norm.

Answers

Budgetary control is the utilization of control function which evaluates business operations against some norm.

What is Budgetary control?

Budgetary control can be describes as the financial term used in describing the managing income as well as expenditure.

Therefore, Budgetary control compares

actual income as well as expenditure to planned income.

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George has been assigned to be the new project manager for our project. He is eager to get off to a good start and wants to identify what activities he should first engage in. How would you advise him to start

Answers

To be an effective manager, George must first perform the work breakdown structure (WBS) in addition to clearly defining the project scope and statement of work.

How to be an effective project manager?

It is essential to plan the project actions that will structure its progress, such as defining the schedule and using resources effectively.

Therefore, the project manager must also implement internal and external risk management to maximize opportunities and prevent negative eventualities.

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Janet wants to line a block of text on the right what up come in and allow her to do this
a. indet
b. window control
c. justification
d. line and page breaks

Answers

Answer:

I believe the answer would be C. Justification

Explanation:

She would be allowed to do this.

______ is a nonprofit organization that recruits and selects college graduates from universities to serve as teachers in low-income conditions.

Answers

The blank space in the task statement should be filled with; Teach for America.

Teach for America initiative

As the name implies, Teach For America is a nonprofit organization whose stated objective is to "enlist, develop, and mobilize as many as possible of our nation's most promising future leaders to grow and strengthen the movement for educational equity and excellence".

On this note, the nonprofit organization in discuss is; Teach for America.

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Years ago, American Express created the Gold Card for affluent customers. In response to recent declines, AmEx has decided to enhance the benefits of having a Gold Card by increasing the rewards and offering personalized services. This is an example of:

Answers

Based on the given scenario with Amex enhancing the benefits of having a Gold Card, this is an example of invention.

What is Invention?

This refers to the creation of new things with the aim of making a process easier that has not been done before.

Hence, we can see that based on the changes made by American Express in their Gold Card for their affluent customers and the increased benefits, this is an example of an invention.

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What does the Federal Reserve help regulate?
A. The economy
O B. Food
O C. Clothing
O D. Music

Answers

Answer: A The Economy

Mark Brainliest

A, The economy since the economy is more important than Food

Lcpl azimi's base pay is $1800 per month. he also receives partial bah of $10. 00 and bas of $290. his total withholdings are $300. he pays $250 per month for his car payment, $20 per month for a navy marine corps relief quick assist loan and the minimum payment on his credit card is $30 per month. what is azimi's debt to income ratio?

Answers

The debt to income ratio of azimi equals 16.67% because his gross income is $1,800 and total debt is $300.

What is a debt to income ratio?

Its means the percentage of one' sgross monthly income that goes to paying your monthly debt payments.

Given data

Gross income = $1,800

Total Debt = $300 (250+20+30)

What is the debt to income ratio?

= $300 / $1,800

= 0.16667

= 16.67%

Therefore, the debt to income ratio of azimi equals 16.67% because his gross income is $1,800 and total debt is $300.

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Suppose that when the price of gasoline is $3 per gallon, the total amount of gasoline purchased in the united states is 8 million barrels per day. also suppose that when the price of gas decreases to $2.25 per gallon, the total amount of gasoline purchased is 12 million barrels per day. based on these numbers and using the midpoint formula, the percentage change in the quantity demanded is:

Answers

Assuming  the total amount of gasoline purchased is 12 million barrels per day. The percentage change in the quantity demanded is: 50%.

Percentage change in the quantity demanded

Using this formula

Percentage change in quantity demanded= (Total amount of gasoline purchased- total amount of gasoline purchased in united states)/ Total amount of gasoline purchased in united states×100

Let plug in the formula

Percentage change in quantity demanded=(12 - 8) / 8

Percentage change in quantity demanded =4/8×100

Percentage change in quantity demanded=50%

Inconclusion  the percentage change in the quantity demanded is: 50%.

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Observation can be used to help determine ______. Multiple select question. proper inventory authorizations proper recording and allocation of labor and material costs physical controls over inventory separation of duties in the inventory area

Answers

Observation can be used to help determine proper inventory authorizations so as to meet the goals of the company.

What is observation ?

Observation serves as the the action or process which involves closely monitoring of something or someone.

Therefore, with proper observation, as an expert you can determine proper inventory authorization so as to achieve organizational goals.

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under what circumstances would it be efficient to impose a higher abatement standard for a psd region than for a non-attainment region

Answers

Impose a higher abatement standard for a PSD region if marginal social cost equals marginal social benefit at the higher abatement level in the PSD region.

What Are Marginal Social Costs and Benefits of Abatement?

The marginal social cost of abatement is the change in society's total cost of reducing one more unit of pollution.

The marginal social benefit of abatement is the change in benefits associated with reducing one more unit of pollution.

Both the marginal social cost and benefit of abatement are considred as an incentive for the reduction of polluting emissions.

When imposing an abatement standard for a PSD region versus a non-attainment region, it would be more efficient to impose a higher abatement standard for the PSD region than for the non-attainment region if marginal social cost equals marginal social benefit at the PSD region's higher abatement level.

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· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%

Answers

Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

What does the check say?

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

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A product _____ is a group of products that are closely related to each other, in terms of either how they work or the customers they serve.

Answers

A group of products related to each other, in terms of operation or target audience, corresponds to a product line.

What is a product line?

Also known as product mix, are the products sold by a company under different brands, with different benefits to reach a larger group of consumers.

Therefore, commercializing a product line can be a strategic advantage that generates value for consumers, competitiveness and market positioning.

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If a person withdraws $500 from his/her checking account and holds it as currency, then M1 will ________ and M2 will ________. Group of answer choices

Answers

When a person withdraws $500 from his checking account and holds it as currency, M1 will increase and M2 will not change.

What is a checking account?

It should be noted that a checking account simply means a deposit account that allows one to make withdrawals and deposit.

In this case, when a person withdraws $500 from his checking account and holds it as currency, M1 will increase and M2 will not change.

Here, M1 is the money supply which is composed of currency, demand deposit and savings deposit. M2 is the measure of money supply that has to do with cash, checking deposit and near money.

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The _____ is the sum of past _____ less surpluses. national debt; budget deficits budget deficit; national debts budget deficit; public debts public debt; national debts

Answers

public debt : budget deficits is the answer :) have a great day <3

How might a customer react to a salesperson's
weak handshake?

Answers

Answer:

I think the customer will get upset.

The customer will think the salesperson is not ready to attend to him.

The two methods of accounting for uncollectible receivables are the allowance method and the.

Answers

Answer:

1) the Direct Write-off Method and (2) the Allowance Method.

Explanation:

Imagine that you are reading one of your favorite magazines. If you see a logo and recognize the brand as it is being presented to you, this is an example of Blank______.

Answers

When reading a magazine, seeing a logo and recognizing a particular brand, corresponds to an example of assisted recall.

What is assisted recall?

It is an aided brand recognition technique, that is, it can also be performed as a market research technique where consumers are encouraged to respond about their knowledge of a brand.

Therefore, assisted recall can demonstrate the ability of a brand to be easily recognized and identified through its characteristics, such as colors, logo and design.

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Answer: It is aided recall.

Scott, the chief operating officer of Barcelona Restaurant Group, does not take long interviews because he:

Answers

Looking at the case study, COO Scott doesn't take long interviews because he thinks candidates don't speak the truth in interviews.

How to conduct an effective interview?

The interview is a useful tool in the recruitment process, and its purpose is to get to know the candidate's personality better and understand their experiences and qualifications. For this, it is essential that the questions are structured and organized according to the needs of the company.

Therefore, the interview is an effective method for a more direct and dynamic conversation between the recruiter and the candidate, and when done well, it can be decisive in the hiring process.

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Under target costing, costs can be reduced in a variety of ways including all of the following EXCEPT a.simplifying the design. by.eliminating waste. c.changing the sales level. d.reducing the direct labor costs.

Answers

Under the target costing, the change in the sales level cannot be considered as the way to make a reduction in the costs.

Option C is the correct answer.

What do you mean by a target cost?

Target cost is the maximum cost that can be levied on a manufactured product. It is determined by deducting the profit margin from the selling price.

According to the target costing, the simplification of designs, minimization the wastage, and the reduction of the direct cost of labor are considered the methods to reduce the costs. But the increasing or decreasing of sales level will not be used as a way to minimize the cost.

Therefore, the sales level changes will not affect the cost reduction apart from the other provided methods.

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