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? HELP
Q: Answer
A: To find the equity multiplier, we use the formula: Equity Multiplier=1+Debt-Equity Ratio It shows…
Q: can you help me with accounting question
A: Step 1: Definition of Required SalesRequired Sales refer to the amount of revenue a business must…
Q: None
A: Concept of Direct MaterialsDirect materials are the raw materials that are directly used in the…
Q: What is the capital gain?
A: To determine the capital gains yield, we use the formula: Total Return=Dividend Yield+Capital Gains…
Q: Solve this accounting questions properly without use of ai
A: The cost of goods sold (COGS) is calculated by adding the beginning inventory and purchases, then…
Q: What is the correct answer with accounting question
A: To calculate the equity multiplier, we use the formula:Equity Multiplier=Total EquityTotal…
Q: Each month, Brighton Corp. incurs $320,000 total manufacturing costs (25% fixed) and $180,000…
A: Step 1: Definition of Markup Percentage on Full CostMarkup percentage on full cost is a pricing…
Q: On January 2, The Concord Legal Clinic issued Check 2108 for $370 to establish a petty cash fund.…
A: The transaction to establish a petty cash fund for $370 using Check 2108 should be recorded in the…
Q: Lucas purchased a stock for $55.32 per share and sold it one year later for $57.01 per share. He…
A: The capital gains yield (CGY) is calculated using the formula: Capital Gains Yield=(Selling…
Q: Subject: general accounting
A: Explanation of Asset Turnover Ratio: Asset turnover ratio is a financial efficiency metric that…
Q: MCQ
A: Step 1: Calculation of total machine hoursTotal Machine Hours = Units Produced × Machine Hours per…
Q: I want answer with all working format
A: Concept of Accounts Receivable:Accounts receivable represents the outstanding amount owed to a…
Q: General accounting question
A: Step 1: Definition of Average Operating AssetsAverage Operating Assets are the assets used by a…
Q: What does the accounting equation (Assets = Liabilities + Equity) represent?a) The relationship…
A: The correct answer is:d) The relationship between resources and claims to those…
Q: what is the optimal order quantity using the fixed-order quantity model?
A: Given Information:Annual demand (DDD): 60,000 units (how many units are needed in a year)Ordering…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Predetermined Overhead RateA Predetermined Overhead Rate is an estimated rate…
Q: If the cost of the beginning work in process inventory is $92,000, costs of goods manufactured is…
A: Explanation of Beginning Work in Process Inventory:Beginning Work in Process (WIP) Inventory refers…
Q: Solve this question accounting
A: Step 1: Definition of Fixed-Asset Turnover RatioThe Fixed-Asset Turnover Ratio measures how…
Q: Answer
A: To find the P/E (Price-to-Earnings) ratio, use the formula: P/E=Market Price per Share/Earnings per…
Q: ??!
A: Explanation of Earnings Per Share (EPS):Earnings Per Share (EPS) is a measure of a company's…
Q: ?!
A: Concept of Standard Quantity:Standard quantity refers to the amount of material that should be used…
Q: Dalton Freight Co. purchased a delivery truck on January 1, 2017, for $58,000. They installed a rear…
A: Explanation of Depreciable Cost: Depreciable cost represents the total amount subject to…
Q: On January 1, 2014, Wonder, Inc., reports net assets of $965,000, although equipment (with a…
A: Explanation of Net Assets: Net assets represent the total assets of a company minus its total…
Q: Get correct answer this financial accounting question please answer do fast
A: Step 1: Define DuPont MethodDuPont Method is a technique used to break down the Return on Equity…
Q: ??!!
A: Explanation of Variable Cost Per Dog :Variable cost per dog represents the incremental water expense…
Q: Solve this accounting question i need help today.
A: 1.1.13 Answer: b) Relative sales value method (This method is commonly used to allocate joint…
Q: Noyan Carter's weekly gross earnings for the week ending August 15th were $3,200, and his federal…
A: Social Security Tax Calculation:Social Security tax deduction = Gross Earnings for the week x Social…
Q: Perry Company applies overhead on the basis of 200% of direct labor cost. Job No. 486 is charged…
A: Provided Data:Overhead rate = 200% of Direct Labor CostDirect Materials for Job No. 486 =…
Q: 1.1.3 accounting .
A: Answer for 1.1.13:The allocation of joint product costs at the split-off point is governed by:b)…
Q: Please answer the following requirements on these financial accounting question
A: Step 1: Definition of Stockholders' EquityStockholders' Equity is the residual interest in the…
Q: General Accounting
A: Step 1: Define Variable CostingVariable Costing is a costing method in which only variable…
Q: Sterling Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of…
A: Step 1: Definition of Overhead (Applied and Actual)Applied Overhead is the overhead cost assigned to…
Q: Part C accounting
A: The ageing schedule indicates total estimated uncollectible allowance = $31,200Unadjusted balance =…
Q: Right Answer
A: In order to find the solution for this problem, I must compute the utilization of the team from…
Q: The digits of the account numbers assigned to general ledger accounts often have significance. For…
A: TrueExplanation:In most chart of accounts systems, the digits of account numbers are structured to…
Q: Hello tutor solve this question accounting
A: Step 1: Definition of Liability for Premium RedemptionsLiability for Premium Redemptions is the…
Q: ??!!
A: Explanation of Direct Materials:Direct materials are the raw materials that become a direct part of…
Q: The two main methods of bookkeeping and accounting are 1) the cash method, and 2) the __________…
A: The correct answer is:AccrualExplanation:The two main methods of bookkeeping and accounting are:Cash…
Q: i want to this question answer General accounting
A: Step 1: Definition of Gross ProfitGross Profit is the difference between net sales and cost of goods…
Q: A business sells coffee mugs at $20 per unit. The costs per unit are: . Direct materials = $6.00 •…
A: Given Data:• Selling price per unit: $20• Direct materials: $6.00• Direct labor: $2.50• Variable…
Q: At the beginning of the year, Keller Company's liabilities equal $55,000. During the year, assets…
A: Step 1: DefinitionsConcept of Equity:Equity represents the owner's claim on the company's assets…
Q: How much is the accounts receivable turnover ratio?
A: Explanation of Net Credit Sales: Net credit sales represents the total revenue a company generates…
Q: Hello tutor solve this question accounting
A: The Capital Asset Pricing Model (CAPM) formula is:E(R) = Rf + β (Rm - Rf)Where:E(R) = Expected…
Q: Bright Tech Industries provided the following figures: • Direct lab or: $190,000 • Direct materials…
A: Step 1: Definition of Total Manufacturing CostsTotal Manufacturing Costs represent the complete cost…
Q: what is the full cost per unit?
A: Step 1: Definition of Full Cost per UnitThe full cost per unit includes all costs associated with…
Q: A $2,000 bond issued in 2018 pays $180 in interest each year. What is the current yield on the bond…
A: Current Yield = Annual coupon payment/Current market price Current Yield = 180/1500 Current Yield =…
Q: Can you help me with accounting questions
A: Step 1: Definition of Receivables Turnover RatioReceivables Turnover Ratio measures how efficiently…
Q: What is the direct materials price variance of this general accounting question?
A: Step 1: Definition of Direct Materials Price VarianceDirect Materials Price Variance measures the…
Q: In 2009 Nitya Ltd. had a net profit of $100,000 after charging an amortization expense of $50,000.…
A: Provided Data:Net Profit = $100,000Amortization Expense = $50,000Increase in Inventories =…
Q: Calculate the net income for this financial accounting question
A: Step 1: Definition of Net IncomeNet Income is the profit a company earns after deducting all…
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? HELP
Step by step
Solved in 2 steps
- What was her capital gain yield?Jarvis bought a share of stock for $18.75 that paid a dividend of $.45 and sold three months later for $18.65. What was his dollar profit or loss and holding period return?Curtis purchased a stock with an initial share price of $140 and sold it when the share price was $119. While he owned the stock, he earned $10 in dividends. What was his total percentage return on the investment?
- Last year, Carlotta bought five shares of Spot-Off Cleaners for $85 each. During the year, Carlotta recieved one cash dividend equal to $5.10 per share. Earlier today, she sold the stock for $88.40. (a) What rate of return did Carlotta earn on her investment? (b) What were the (1) dividend yield and (2) the capital gains tield associated with holding the stock?An investor in Sony purchased the stock last year for $22.16. Today, the investor was able to sell the stock for $34.25. What capital gain did the investor earn in the past year?Nancy Cotton bought 400 shares of NeTalk for $15 per share. One year later, Nancy sold the stock for $21 per share, just after she received a $0.90 cash dividend from the company. a. What is the total dollar return earned by Nancy for the year? b. What is the rate of return earned by Nancy?
- What was anthony total $ return?Krishna bought a stock at a price of $33.75. She received a $1.25 dividend and sold the stock for $36.10. What is Kelly's capital gain on this investment?One year ago, Richard purchased 40 shares of common stock for $10 per share. During the year, he received one dividend payment in the amount of $0.50 per share. If the stock currently is worth $9 per share, what yield did Richard earn on his investment for the year?
