For four years, Marty Campbell invested $6000 each year in Newsome Golf Apparel. The stock was selling for $15 in 2011, $32 in 2012, $36 in 2013, and $56 in 2014.

What is the average cost per share of Marty's Investment?

Round your answer to the nearest whole dollar. Do not include the comma and "$" sign in your response.

Answers

Answer 1

The average cost per share of Marty's investment is 39. Marty purchased 6000 shares in 2011 for $15/share, 6000 shares in 2012 for $32/share, 6000 shares in 2013 for $36/share, and 6000 shares in 2014 for $56/share.

The total cost of his investment was $168,000. The average cost per share is $168,000 / 24,000 = $39.

To calculate the average cost per share, we need to add up the total cost of the investment and divide by the number of shares purchased. In this case, the total cost of the investment is $168,000 and the number of shares purchased is 24,000. Therefore, the average cost per share is $168,000 / 24,000 = $39.

Round to nearest whole dollar: The average cost per share of $39.0384217 can be rounded to the nearest whole dollar as $39.

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Related Questions

Question #5
Multiple Choice
include businesses that buy products or services from another business to help produce products or services for their own
business to sell.
O Consumer markets
O Industrial markets
O Markets
None of the above

Answers

Answer:

I think industrial markets

education opens the door to employment.

Answers

Answer:

yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.

Yes correct perfect

defined benefits plans and cash balance plans are both pension plans. however, they are significantly different plans. which of the following statements is true? a. a cash balance pension plan benefits younger and older employees equally. b. both plans have hypothetical accounts for each plan participant. c. both plan use the same vesting schedules whether the plan is top heavy or not. d. both plans can provide for lump-sum benefits upon termination and/or full retirement age

Answers

Both defined benefit plans and cash balance plans have hypothetical accounts for each plan participant. Ease of Understanding In a standard DB plan, the benefit is defined and guaranteed by the plan sponsor at the normal retirement age. The correct answer is B.

A. Statement A is incorrect. Cash balance pension plans generally favor older employees because they provide more significant benefits for employees who have been with the company for a more extended period.

B. Statement B is correct. Both defined benefit plans and cash balance plans have hypothetical accounts for each plan participant. In a defined benefit plan, the employer bears the investment risk, and in a cash balance plan, the investment risk is borne by the plan sponsor.

C. Statement C is incorrect. Vesting schedules can differ between defined benefit plans and cash balance plans, depending on whether the plan is top-heavy or not.

D. Statement D is incorrect. While both plans can provide lump-sum benefits upon termination or full retirement age, cash balance plans are more likely to provide lump-sum benefits at retirement or termination than defined benefit plans.

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Step 1
You have been asked to help a business carry out a risk assessment. The owner isn’t too familiar with what he has to cover and which areas of the business should be considered. You need to create a simple plan for him to follow during the actual assessment. Your plan will cover the different aspects of risk assessment, such as business threats or financial risks and include examples of potential risks that may exist and affect the business in question. With your plan, the owner should be able to perform a thorough risk assessment later.

Step 2
The risk assessment has been carried out and fortunately has not uncovered any major problems. Now the owner wants your help in choosing the right kind of insurance for his business. Help him by writing a guide on what to consider when making this decision so that he chooses the right kind of insurance. Be sure to mention important factors such as the influence of the business’s location, the number of employees, and the industry they are in.

Answers

The aspects of the risk management would be:

identification of risksrisk management planthe monitoring and the review of the plan

What is to be done in order to access the aspects of the risk?

Here is a simple plan for conducting a risk assessment:

Identify the potential risks: This includes identifying the different types of risks that may affect the business, such as operational risks, financial risks, and compliance risks. Examples of potential risks include natural disasters, data breaches, and changes in government regulations.

Assess the likelihood and impact of each risk: Evaluate the likelihood of each identified risk occurring and the potential impact it would have on the business. This will help prioritize which risks need to be addressed first.

Develop a risk management plan: Based on the likelihood and impact of the risks, develop a plan to address and mitigate them. This can include putting in place preventative measures, such as implementing security protocols to prevent data breaches, or creating a disaster recovery plan to address natural disasters.

Monitor and review the plan: Regularly review and monitor the effectiveness of the risk management plan and update it as needed to ensure it remains current and effective.

Communicate and educate: Communicate the risk assessment plan and any identified risks to employees, stakeholders, and other relevant parties, and provide training and education to ensure they understand their role in implementing the plan.

It's also important to have a professional help you with the risk assessment, since there are many standards and regulations that you need to comply with.

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What is a quota set by a cartel?

Answers

A quota set by a cartel is a limit on the amount of a particular good or service that can be produced or supplied by the member companies of the cartel.

Cartels are formed by businesses in the same industry or market who come together to coordinate their activities and control the supply and price of their products.

By setting a quota, the cartel members can restrict the total supply of the product in the market, which can increase the price and their profits. The quota serves as a means of enforcing the cartel agreement among its members, as each member is assigned a specific production limit and must comply with it.

However, setting a quota can also have negative effects on the market. It can lead to higher prices for consumers, reduced competition, and reduced innovation in the industry. It can also lead to the formation of black markets, where non-members of the cartel may sell the product at a lower price.

Quotas are often used in conjunction with other forms of collusion, such as price-fixing and market allocation, to maintain the power of the cartel and maximize its profits. Despite the potential negative effects on the market, cartels continue to operate in many industries around the world.

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Unions, which have market power over the supply of labor, can threaten strikes as part of negotiating employment contracts on behalf of union members. What is the effect of unions having this power

Answers

Answer:

The effect of unions will be "Union wages are generally higher than nonunion wages".

Explanation:

A group of employees decided to join together through a particular variety of organizations to strengthen their employment conditions and also some help to promote the organization's mutual interests.Union wages or salaries shall be determined by the service agreement. This always appears to mean except for non-union working environments, union employees again for the entire length of everyone's agreement should not have to think too hard concerning compensation or welfare cuts.

So that the above is the appropriate answer.

Which of the following statements are correct?
Select the correct option(s) and click submit.
Agile and Design Thinking are same
Design Thinking is about Product Development. Agile Manifesto is about Software Development
Design Thinking is finding the right things and Agile is about building the right things
Design Thinking is building the right things and Agile is about finding the right things
Submit

Answers

Product Development is the focus of Design Thinking. The Agile Manifesto is concerned with software development.

Design Thinking is about discovering the right things, while Agile Manifesto is about creating the right things. Hence, option b) is correct.

Design thinking is a problem-finding methodology, whereas agile is a problem-solving methodology. It requires a high level of end-user empathy and comprehension, as well as an iterative process of developing new ideas, debunking assumptions, and redefinition of problems.

Agile Manifesto and Design thinking fosters a user-centric environment that emphasizes rapid iterations to achieve the best results. Use agile development to collaboratively build solutions to problems identified through design thinking.

Design thinking prioritizes the needs of the user, and Agile is an excellent method for delivering solutions gradually. The user's needs are considered throughout the design and development process.

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The form which must be filed when an employer withholds federal income tax and FICA taxes is: multiple choice Form 940 Form 941 Form W-2

Answers

It should be noted that Form 941 is required to be filled when federal income tax and FICA taxes is been withheld by employer.

What is Form 941?

Form 941 serves as the form that is used to determine the amount of taxes that someone is owning.

Therefore, Form 941 requires identification number when filling it and it should be filled by employee.

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If the price of oranges, a substitute for apples, increases. What will happen to the demand for apples?.

Answers

The demand for apples will increase if the price of its substitute product (orange) increases.

What is the substitution law?

In economics, when the price of one product increase, the consumer will likely patronize the other substitute product because its price is not high.

Hence, in this case, the demand for apples will increase if the price of its substitute product (orange) increases.

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Race, sex, and religious beliefs are traits that cannot be used as
a basis for workplace treatment because they are
1. Private choices
2. Protected characteristics
3. Positive characteristics
4. Protected choices

Answers

I’m not very sure but the answer should be number 3
The answer should be 2

In the _________ phase of BPI, the BPI team identifies relevant process metrics and collects data to understand how the metrics evolve over time.

Answers

Answer:

Measure.

Explanation:

In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.

Business Process Improvement (BPI) can be defined as an incremental approach, in which an organization focuses on limiting variation in the process outputs by searching for the main causes of the variation among process inputs or in the process itself.

The main steps of the Business Process Improvement (BPI) includes; mapping, analysis, redesign, implementation, reflection and benchmarking.

Additionally, some of the methodologies used for the Business Process Improvement (BPI) are Six Sigma, Total Quality Management (TQM), Lean etc.

Answer:

Explanation:

In the measure phase of Business Process Improvement (BPI), the Business Process Improvement (BPI) team identifies relevant process metrics and collects data to understand how the metrics evolve over time.

multiple choice question acme, inc.'s books show an ending cash balance of $10,000 before preparing the bank reconciliation. given that the bank reconciliation shows outstanding checks of $3,000; deposits outstanding of $2,000; nsf check of $100; and interest earned on the bank account of $10, the company's up-to-date ending cash balance equals:

Answers

The current ending cash balance of the Company is $9,910.

How much money do you still have?

The amount of cash that a company currently has on hand is referred to as its cash balance. This money serves as a reserve to meet any unanticipated cash outflows. A business might not be able to pay its debts without this financial safety net. Two frequent uses for cash assets include debt reduction and dividend payments to investors.

What type of account does a cash balance fall under?

Because Cash is an asset account, its average or projected balance will be a debit balance. A debit is done to increase the Cash account's balance. In the first transaction, the owner invested $5,000 of her personal money, increasing the company's Cash balance.

$10,000 - $100 + $10= $9,910

There are already entries in the books for pending checks and deposits. Outstanding checks are those that have not yet been paid by the bank, which means funds have not yet been deducted from the business's account.

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This is calculated by dividing the net profits by net sales.

sales margin

profit margin

sales revenue

net revenue

Answers

Answer:

Profit margin

Explanation:

Profit margin  = Net profits / Net sales

Company can earn insight into a company's earnings by looking at its sales strategy, pricing structure, and productivity improvements using net profit margin.

why do economists often considered medical products to
have zero demand elasticity? explain in detail one criticism of their argument for the perfect
elasticity of these
products

Answers

Economists often consider medical products to have zero demand elasticity due to the perception that these products are essential for maintaining or improving health.

What does this refer to?

Demand elasticity refers to the responsiveness of the quantity demanded to changes in price.

When a product is considered to have zero demand elasticity, it means that a change in price does not significantly affect the quantity demanded.

One criticism of the argument for perfect elasticity of medical products is the presence of substitutes.

While medical products may be necessary for treating specific conditions, there are often alternative treatments or medications available. These substitutes can affect the demand elasticity of medical products.For example, let's consider a scenario where the price of a specific medication increases significantly. In this case, some individuals may choose to switch to a cheaper generic alternative or explore other treatment options. This decision to switch or explore alternatives shows that the demand for the original medication is not completely inelastic.


In conclusion, while economists often consider medical products to have zero demand elasticity due to their perceived necessity, this argument neglects the presence of substitutes and the influence of insurance coverage and government policies.

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Ford Motor Company has issued bonds with a maturity date of November 1, 2046 that have a coupon rate of 7.40%, and coupon bonds with a maturity of February 15, 2047 that have a coupon rate of 9.80%. Why would Ford issue bonds with coupons of $74 and then a little more than a year later issue bonds with coupons of $98? Why didn't the company continue to issue bonds with the lower coupon? A. It is likely that Ford had to increase the coupon rate because both the price and interest rate fell. B. It is likely that Ford had to increase the coupon rate because either the price increased or the interest rate fell. C. It is likely that Ford had to increase the coupon rate because either the price or the interest rate rose. D. None of the above.

Answers

Ford likely had to increase the coupon rate on the later bonds due to either the price of the bonds increasing or the interest rate falling. The correct answer is option B.

The most likely explanation for Ford issuing bonds with coupons of $74 and then later issuing bonds with coupons of $98 is that the company had to increase the coupon rate due to either the price of the bonds increasing or the interest rate falling. This aligns with option B: It is likely that Ford had to increase the coupon rate because either the price increased or the interest rate fell.

When a company issues bonds, the coupon rate is determined based on several factors, including market conditions, prevailing interest rates, and the creditworthiness of the issuer. If the price of the bonds increases or the interest rates in the market fall, the coupon rate needs to be adjusted to attract investors.

In the case of Ford, issuing bonds with a higher coupon rate of $98 after issuing bonds with a coupon rate of $74 suggests that market conditions changed. It is possible that Ford observed a lower interest rate environment or increased demand for its bonds, prompting the need to offer a higher coupon rate to entice investors. By increasing the coupon rate, Ford can make the bonds more attractive by offering higher interest payments.

Therefore, option B is the most plausible explanation for why Ford issued bonds with increasing coupon rates, indicating that the company had to increase the coupon rate due to either the price of the bonds increasing or the interest rate falling.

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If Carissa Dalton has a $410,000 home insured for $320,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a claim of $17,500? Assume there is no deductible

Answers

The formula for calculating the insurance payout under the 80 percent coinsurance provision is:

Insurance Payout = (Amount of Insurance Carried / Amount of Insurance Required) x Amount of Loss

The amount of insurance required under the 80 percent coinsurance provision is:

Amount of Insurance Required = (Value of Property / 100) x Coinsurance Percentage

Coinsurance percentage is 80% in this case, so:

Amount of Insurance Required = ($410,000 / 100) x 80% = $328,000

Since Carissa has only insured her home for $320,000, which is less than the required amount of $328,000, she is underinsured. Therefore, she would be subject to a coinsurance penalty.

The formula for calculating the coinsurance penalty is:

Coinsurance Penalty = Amount of Loss x [(Amount of Insurance Carried / Amount of Insurance Required) - 1]

In this case, the amount of loss is $17,500. So:

Coinsurance Penalty = $17,500 x [($320,000 / $328,000) - 1] = $17,500 x (-0.0244) = -$427

Since the coinsurance penalty is negative, it means that Carissa will receive more than the amount of her loss. The insurance company will pay:

Insurance Payout = (Amount of Insurance Carried - Coinsurance Penalty) = ($320,000 - (-$427)) = $320,427

Therefore, the insurance company would pay Carissa $320,427 on a claim of $17,500.

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A managerial accounting method used to assign all direct and indirect costs to a particular activity is.

Answers

The managerial accounting method used to assign all direct and indirect costs to a particular activity is called Activity-based costing (ABC).

Activity-based costing (ABC) is a managerial accounting method that assigns indirect costs to products and services based on the activities involved in producing them. ABC allows for a more accurate distribution of overhead costs, as indirect costs are assigned to specific activities rather than being allocated based on a predetermined percentage of direct labor or machine hours. ABC systems divide an organization's activities into a range of tasks and allocates costs based on the resources consumed by each task. Because ABC provides a more accurate and granular understanding of costs, it is useful for management when making strategic decisions about pricing, product mix, and operational efficiencies.

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Betsy owned a speedboat that was not operating correctly. She hired Gail, a mechanic, to determine what needed to be repaired or replaced on the boat. Gail concluded that the boat needed over $5,000 of work to run safely. Upset by the news, Betsy decided to get a second opinion from Kathy, another mechanic. Kathy advised Betsy that the boat only needed a new fuel pump, which cost considerably less than $5,000. Betsy decides to sell her boat instead of repairing it. When a prospective buyer asks Betsy whether the boat has been inspected by a mechanic, she will:_________.

Answers

Answer:

Betsy should simply tell the truth: that the boat was actually inspected by two mechanics, but not only it was not repaired, but both mechanics had a very different diagnosis about what was wrong with the boat.

She should also warn the buyer that the boat likely needs at least a new fuel pump, and in case the diagnostic of the first mechanic (Gail) is true, the boat then would likely need an expensive repair.

Appraisers rely on recently completed transactions of similar properties to guide their selection of the cap rate to be used to value a single property. The method of estimating a cap rate from a series of comparable properties is more commonly referred to as:____.
a. terminal capitalization.
b. indirect capitalization.
c. direct market extraction.
d. overall capitalization.

Answers

Answer: direct market extraction

Explanation:

The method of estimating a cap rate from a series of comparable properties is more commonly referred to as Indirect capitalization. The correct option is b. indirect capitalization.

Indirect capitalization is the method of estimating a capitalization rate (cap rate) by analyzing recently completed transactions of comparable properties. This approach involves examining the income and sales data of similar properties to determine the prevailing market cap rate.

The cap rate is the ratio between the net operating income (NOI) generated by a property and its market value. By analyzing the cap rates of comparable properties, appraisers can derive an appropriate cap rate to value a single property based on its income potential.

Indirect capitalization is a widely used technique in real estate appraisal as it provides a reliable means to estimate property values based on market trends and comparable sales data.

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Out of a list of the values 12, 7, 3, 5, 8, and 2, which result would the MIN function return?

Answers

Answer:

2

Explanation:

It’s just right, trust

Bart, Inc., a newly organized corporation, uses the equity method of accounting for its 30% investment in Rex Co.'s common stock. During 20X5, Rex paid dividends of $300,000 and reported earnings of $900,000. In addition: The dividends received from Rex are eligible for the 80% dividends-received deduction. All the undistributed earnings of Rex will be distributed in future years. There are no other temporary differences. Bart's 20X5 income tax rate is 30%. The enacted income tax rate after 20X5 is 25%. In Bart's December 31, 20X5 balance sheet, the deferred income tax liability should be

Answers

Answer:

The right answer is "$9,000". A further explanation is given below.

Explanation:

The given values are:

Rex paid dividends,

= $300,000

Reported earnings,

= $900,000

Investment,

= 30%

Taxable rate applicable,

= 25%

Now,

Throughout the future years, the amount of dividends taxable will be:

= \((900,000 - 300,000)\times 30 \ percent\)

= \(180,000\) ($)

Dividends received deduction will be:

= \(180,000\times 80 \ percent\)

= \(144,000\) ($)

then,

Net taxable dividend will be:

= \(180,000-144,000\)

= \(36,000\)

hence,

Deferred tax liability will be:

= \(36,000\times 25 \ percent\)

= \(9,000\) ($)

Means producing the desired result.
a. e-production
b. effectiveness
c. technology
d. productivity

Answers

The correct answer is b. Effectiveness means producing the desired result.

The ability to deliver the desired outcome or result is what is meant by effectiveness. Effectiveness is the quality of having an intended or anticipated result or leaving a lasting, profound impression. Effectiveness and the phrases efficacy, efficiency, and effectivity may occasionally be used interchangeably. The phrase "being highly effective or not very effective" is occasionally used to quantify the word "effective." Effectiveness and effectiveness, however, do not provide information regarding the nature (positive or negative) and comparison to a reference point of the effect at hand. Contrarily, effectiveness refers to the degree to which a desired effect is realized, the capacity to generate a desired quantity of the intended result, or the accomplishment of a certain objective.

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The availability of a commodity is referred to as its
demand.
distribution.
surplus.
supply.

Answers

Answer:

supply.

Explanation:

Supply is the volume or quantity of a product that is available for customers to buy. It is what suppliers have presented in the markets for sale. As per the supply law, an increase in prices will lead to an increase in the quantity supplied.

There can be a shortage, excess, or equilibrium supply. A short supply or shortage is when the available products cannot meet the current market demand. An excess or surplus supply is when the available quantity is more than the market requires. At equilibrium, the supply matches the market demand.

Amazon stock has a beta equal to 1.33 . The 4 x pected rate of market return is 9.5 % and the risk-free rate is 3.05 % . What is Amazon's recuiled rate of return?

Answers

Amazon's required rate of return is calculated to be 11.6235%. This means that investors would expect a return of at least 11.6235% from investing in Amazon stock to compensate for the risk involved, taking into account the stock's beta and the market conditions.

The formula to calculate the required rate of return using the capital asset pricing model (CAPM) is as follows:

Required Rate of Return = Risk-Free Rate + Beta × (Expected Market Return - Risk-Free Rate)

Given the following information:

Beta (β) = 1.33

Expected Market Return = 9.5%

Risk-Free Rate = 3.05%

Substituting the values into the formula:

Required Rate of Return = 3.05% + 1.33 × (9.5% - 3.05%)

Calculating:

Required Rate of Return = 3.05% + 1.33 × 6.45%

Required Rate of Return = 3.05% + 8.5735%

Required Rate of Return = 11.6235%

Therefore, Amazon's required rate of return is 11.6235%.

The required rate of return represents the minimum return that an investor expects to achieve in order to compensate for the risk associated with a particular investment. The CAPM is a widely used model to estimate the required rate of return by considering the risk-free rate, the stock's beta, and the expected market return.

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The final step in the grievance procedure is ______.

Answers

The final step in the grievance procedure is arbitration.

What is Arbitration ?

Arbitration entails a procedure wherein an impartial mediator assesses the arguments presented by both conflicting parties and renders a binding decision. Often employed as the ultimate recourse in a grievance process, arbitration serves as a means to settle disputes that remain unresolved at preceding stages.

The arbitrator, typically an individual well-versed in labor relations, possesses a commendable reputation for fairness and impartiality. The arbitrator diligently listens to the contentions put forth by both sides and subsequently issues a verdict founded upon the evidence presented.

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Erin spent $25, $36, $18, and $42 on lunch in the last four
weeks. What was her average weekly expense for lunch?

Answers

Answer:

121 weekly i hope this hepl

Contract liability is a company’s obligations to transfer goods or services to a customer for which the company has received consideration from the customer. An example of a contract liability is
a. Prepaid subscription.
b. Unearned magazine subscription.
c. Mortgage Payable.
d. Service Revenue.

Answers

Contract liability is a company's obligation to transfer goods or services to a customer for which the company has received consideration from the customer. An example of a contract liability is  b. Unearned magazine subscription.

Unearned magazine subscription is an example of a contract liability because the company has received payment from the customer for the subscription, but has not yet provided the goods or services (the magazines). The company is obligated to provide the magazines to the customer, and until it does so, it has a contract liability. Once the company fulfills its obligation and provides the magazines to the customer, the contract liability is eliminated and the company recognizes the revenue.

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plssssssssssssssssssssssssssssssssssssssssss i need this asap

what is the most likely reason why a text-only billboard that is advertising a new vacuum cleaner not get a heavy consumer response?
a. bc the product is poor quality
b. bc the billboard isn't attention grabbing
c. bc the target audience won't see the billboards
d. bc no one buys vacuum cleaners anymore

Answers

Answer:

b

Explanation:

because it makes sense

Answer:

c

Explanation:

the most reasonable answer.

The Kingdom of Mocha enjoys no absolute advantage in crude oil, diamonds, or wool. However, the Mochans manufacture high-quality bows and arrows. Which statement about the Mochans is true?

Answers

Answer:

The Mochans have a comparative advantage in the production of bows and arrows.

Explanation:

Comparative advantage is defined as the ability of a country to produce a product at a lower cost compared to other countries.

In such a situation it will be cheaper for other countries to buy the products than to produce it themselves.

In this scenario the Mochans manufacture high-quality bows and arrows, so they have comparative advantage in producing these goods.

However they have no absolute advantage in crude oil, diamonds, or wool. So they do not have comparative advantage in producing these products and will be better off buying them from other countries that produce them at a cheap rate

Next → Post Test: Electronic Correspondence and Digital Media
16
customers.
Select the correct answer from the drop-down menu.
A furniture store has uploaded pictures of its products to advertise them on its social networking page. What is the purpose of this post?
The purpose of this post is to
Reset
Submit Test
Next
Reader

Answers

The purpose of the post by the furniture store which uploaded pictures of its products to advertise them on its social networking page is to advertise their products.

Why do companies upload product photos to social media?

The reasons why a company such as the furniture store would upload the photos of its products to their social media page is to advertise them.

Social media has access to a lot of people and so when the furniture store uploads pictures, it leads to more people learning about their products.

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Answer:

The answer is Persuade I got it right on the test.

Next Post Test: Electronic Correspondence and Digital Media16customers.Select the correct answer from
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