John bought shares at $35.50 and sold them a year later at $37.25. He received a dividend of $0.90 per share. Calculate his capital gains yield.
Q: Superior Micro Products uses the weighted-average method in its process costing system. During…
A: To compute the cost of ending work in process (WIP) inventory for materials, labor, overhead, and in…
Q: Hi teacher please help me this question general accounting
A: Step 1: Define Cash Payback PeriodThe cash payback period is one of the simplest non-discounting…
Q: Rose Company uses a job order cost system and applies overhead based on estimated rates. The…
A: Explanation of Job Order Cost System: This is a cost accounting system used when a company…
Q: What were the total liabilities on December 31, 2016?
A: To determine the total liabilities at December 31, 2016, we use the accounting equation:…
Q: Atlas manufacturing uses a predetermined overhead solve this accounting questions
A: Step 1: Calculate the predetermined overhead rate (POHR) The POHR is based on direct labor cost:…
Q: Need help with this accounting questions
A: Step 1: Define Earnings Per ShareThe earnings per share (EPS) metric gives an idea of the net income…
Q: Provide correct answer financial Accounting question
A: Step 1: Define Pension PlanA pension plan can be funder or unfunded. If it is funded, it is the…
Q: Kindly help me with general accounting question
A: Step 1: Define Degree of Operating LeverageThe degree of operating leverage measures the change in…
Q: General Accounting Question please answer
A: Step 1: Define Section 197 AmortizationSection 197 allows for the amortization of intangible assets,…
Q: Given correct answer general Accounting question
A: Step 1: Define Different Cost TypesWhen we say costs, we mean costs related to production activity…
Q: Beginning Inventory?
A: Explanation of Beginning InventoryBeginning inventory is the value of goods available for sale at…
Q: Both que's answer wanted.
A: Given Information:Current assets = $4,900Net fixed assets = $27,300Current liabilities =…
Q: Do fast and step by step calculation with explanation for this general accounting question
A: Step 1: Define Accrual Basis Net IncomeAccrual basis net income is calculated by recognizing…
Q: General Account Subject
A: The correct answer is:c. separate variable from fixed costs. Explanation:When making short-term…
Q: Given answer accounting questions
A: The Degree of Operating Leverage (DOL) can be calculated using the formula:DOL=%Change in Net…
Q: On January 1, 2015, Accounts Receivable was $37,000. Sales on account for 2015 totaled $196,000. The…
A: Step 1: Introduction to accounts receivableAccounts receivable refers to the customers who have…
Q: Account questions
A: Extracted Problem Information:During April, 47,000 units were in process at the beginning of April…
Q: I want answer to 3 parts. Please Provide answer
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is a budgeting tool used…
Q: The balance sheet of United Studios at December 31 showed assets of $76,000 and shareholders equity…
A: Explanation of Assets:Assets are resources owned by a company that have economic value and are…
Q: Given correct answer general Accounting
A: Step 1: Define Interest and Principal Component of Notes PayableA loan borrowed from a financial…
Q: Net Income: $250,000 & Sales:$7,500, 000 and average assets: $730,000
A: Explanation of Profit Margin:Profit Margin is a financial metric that shows the percentage of…
Q: The owners' equity of Clean Air, Inc. is dollar 400,000 on December 31, 2007, and is equal to…
A: To calculate the total assets of Clean Air, Inc., we use the accounting equation:…
Q: Which of the following account
A: Explanation: In accounting, there are three types of accounts - Real accounts; Personal accounts;…
Q: Brightside pest Control... please answer this accounting question
A: Step 1: Define Net IncomeNet income is the amount of earnings left after subtracting all expenses,…
Q: JAX Manufacturing has fixed overhead costs of $65,000 per month and variable costs of $4 per unit.…
A: Concept of Fixed Costs:Fixed costs are expenses that remain constant regardless of the level of…
Q: Accurate Value Hardware began in 2019 with a credit balance of $47,000 in the allowance for sales…
A: Explanation of Net Sales: Net Sales is the amount of revenue a company generates from its sales…
Q: Calculate the answer of the Problem
A: Calculation of Gross ProfitGross Profit = Net Sales - Cost of goods sold =…
Q: Que. Account
A: The correct answer is:c. expenses. Explanation:Owner's equity is decreased by expenses…
Q: Compute marigolds 2017 postretirement expense????
A: Step 1: Define Pension ExpenseThe account pension expense can be found in the income statement. It…
Q: The total manufacturing costs added during the period are____.
A: Step 1: Formula Total manufacturing costs = Direct materials used + Direct labor + Overhead Step 2:…
Q: Calculate the answer
A: Gross ProfitGross profit is the amount left from your net sales after subtracting the cost of…
Q: Please given correct answer general accounting
A: He borrowed $50,000 at 12% interest on September 1 for 6 months. However, the question asks how much…
Q: Need help with this general accounting question
A: To solve this, we need to calculate the present value difference caused by the change in interest…
Q: Do fast answer of this general accounting question
A: Step 1: Define Standard CostingStandard costs are used in variance analysis to help managers…
Q: Please solve this accounting question
A: Step 1: Define Interest PayableInterest payable refers to the amount of interest that accumulates on…
Q: What is your expected holding period return on Lydia's stock?
A: To calculate the expected holding-period return (HPR), use the formula:HPR=Initial priceIncome from…
Q: At an activity level
A: Step 1: Definition of Total Costs and Unit CostsTotal Costs: Total costs include both fixed and…
Q: Need help with this accounting questions
A: Step 1: Definition of Stockholders' EquityStockholders' equity represents the residual interest in…
Q: Please give me answer general accounting question
A: Step 1: Define Purchase BudgetThe purchase budget is the forecasted plan for buying the direct…
Q: The total assets of Dierdorf Co. are $780,000 and its liabilities are equal to two-thirds of its…
A: To determine Dierdorf Co.'s stockholders' equity, we use the accounting equation:…
Q: Need help with this accounting questions
A: Step 1: Define Accounting EquationThe accounting equation represents that each transaction affects…
Q: H Company has sales of $180,000 and the cost of goods available for sale of $159,000. If the gross…
A: Explanation of Sales:Sales refer to the total revenue generated by a company from selling goods or…
Q: Need help with this accounting questions
A: Step 1: Definition of Degree of Operating Leverage and Its ImpactThe degree of operating leverage…
Q: Calculate the amount
A: Explanation of Assets: Assets are economic resources owned by a company that have value and are…
Q: How much will you have in 11 years ??
A: To find out how much you will have in 11 years, we calculate the future value of the $43,000 after…
Q: White Co. incurs a cost of $15 per pound to produce Product X, which it sells for $26 per pound. The…
A: Step 1: Introduction to cost accountingThe field of accounting known as cost accounting is utilized…
Q: Do fast answer of this general accounting question
A: Explanation: In the given case, we are required to calculate the amount of manufacturing overhead…
Q: Quick answer of this accounting questions
A: Present Value of Perpetuity = Cash Flow/Interest Rate Present Value of Perpetuity = 2,500,000/3.3%…
Q: Need help with this financial accounting question
A: Step 1: Apply the Compound Growth Formula• Formula: FV = PV × (1 + r)ᵗ Step 2: Calculate (1 + r)ᵗ•…
Q: Don't use ai given answer accounting questions
A: Step 1: Define Return on Common Equity (ROCE)ROCE compares a company's income to the amount of…
Solve this question financial accounting
Step by step
Solved in 2 steps
- Lucas purchased a stock for $55.32 per share and sold it one year later for $57.01 per share. He also received a dividend of $1.45 per share. What was his capital gains yield? HELPLucas purchased a stock for $55.32 per share and sold it one year later for $57.01 per share. He also received a dividend of $1.45 per share. What was his capital gains yield? AccountingWhat was her capital gains yield??