You purchased 500 shares in A Limited on 1 January 2015 for $85 per share. Now,...

You purchased 500 shares in A Limited on 1 January 2015 for $85 per share. Now, assume that the stock pays an annual dividend of $12 per share. On 31 December 2015, the market price is $91 per share. What is your total dollar return for the year?

A. $3 000

B. $6 000

C. $9 000

D. $45 500

Expert Solution

Total Dollar Return = (P1-P0+ Dividend )

Total Dollar Return = ( 91-85+12)*500

Total Dollar Return for the year = $9,000

Correct option : C : 9,000

jeff jeffy answered 2 years ago

On January 1, 2020, when the fair value of its common shares was $85 per share,...

On January 1, 2020, when the fair value of its common shares was $85 per share, Carla Vista Corp. issued $10 million of 7% convertible debentures due in 20 years. The conversion option allowed the holder of each $1,000 bond to convert the bond into 6 common shares. The debentures were issued for $10.5 million. The bond payment’s present value at the time of issuance was $8.3 million and the corporation believes the difference between the present value and the...

1. You own 500 shares of Stock A at a price of $65 per share, 597...

1. You own 500 shares of Stock A at a price of $65 per share, 597 shares of Stock B at $71 per share, and 550 shares of Stock C at $34 per sharer. The betas for the stocks are 1.7, 1.2, and 0.6, respectively. What is the beta of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. A stock has an expected return of 13.7 percent, a beta of 1.9, and the...

On January 1, 2015, Toshi Limited purchased a machine for $750,000. The machine was estimated to...

On January 1, 2015, Toshi Limited purchased a machine for $750,000. The machine was estimated to have a 20 year useful life with a residual value of $100,000. The company used the straight-line method to depreciate the machine. On December 31, 2019, the company sold the equipment for $600,000 cash Required Calculate the gain or loss on sale on the sale of the machine. Prepare the journal entry to recognize the sale of the machine. Requirement # 1 DATE ACCOUNT...

On January 1, 2016, Becky Corporation purchased 200 shares of Emily Corporation for $25 per share....

On January 1, 2016, Becky Corporation purchased 200 shares of Emily Corporation for $25 per share. The investment is classified as available-for-sale securities. During the year, $300 cash dividend is received from the Emily shares. At the end of the year, Emily's stock is selling for $36 per share. What would be the journal entry to adjust the securities to fair value at the end of the year? Group of answer choices Debit Investment in Available-for-Sale Securities and credit Unrealized...

Manitoba Ltd. Purchased 1,000 shares of Spectrum Company for $20 per share on January 1, Year...

Manitoba Ltd. Purchased 1,000 shares of Spectrum Company for $20 per share on January 1, Year 1. Manitoba chose to classify this equity investment as FVOCI. On December 31, Year 1, the market price of Spectrum's stock was $23. On March 1, Year 2, all 1,000 shares of Spectrums stock were sold for $24 per share. Under IFRS, on December 31, Year 1, the journal entry for this equity investment would include: a) A credit to other comprehensive income for...

On January 1, 2018 Walmart purchased 10,000 shares of Litmas companyCommon stock for 80 per share...

On January 1, 2018 Walmart purchased 10,000 shares of Litmas companyCommon stock for 80 per share on August 1, 2018 litmas company Paid a two dollar per share cash dividend to stockholders on December 31, 2018 litmas companyReports net income of 800,000 for 2018 assume litmas company Has 40,000 shares of voting stock outstanding during 2018 and Walmart has significant influence over litmas company. 1.) 1/1/18 purchase 2.) 8/1/18 dividend 3.) 12/31/18 net income What will the amount of walmarts...

Buffet purchased 500 shares of Telsa Motors (TSLA) stock trading at $40 per share. Assume that...

Buffet purchased 500 shares of Telsa Motors (TSLA) stock trading at $40 per share. Assume that Buffet’s account has an initial margin requirement of 60%. Moreover, suppose Warren’s broker requires a maintenance margin of 30%. Required Calculate the price at which Buffet will receive a margin call.

Warren purchased 500 shares of Telsa Motors (TSLA) stock trading at $40 per share. Assume that...

Warren purchased 500 shares of Telsa Motors (TSLA) stock trading at $40 per share. Assume that Warren’s account has an initial margin requirement of 60%. Moreover, suppose Warren’s broker requires a maintenance margin of 30%. Required Calculate the price at which Warren will receive a margin call.

James purchased 500 shares of Ford Motors stock trading at 40$ per share. Assume that James'...

James purchased 500 shares of Ford Motors stock trading at 40$ per share. Assume that James' account has an initial margin requirement of 60 percent. Moreover, suppose James' broker requires a maintenance margin of 30 percent. Calculate the price at which James will receive a margin call

QUESTION 3 Lynott Limited purchased a five-year bond on 1 January 2015 at a cost of...

QUESTION 3 Lynott Limited purchased a five-year bond on 1 January 2015 at a cost of £10,000,000 with annual interest of 5%, which is also the effective rate, payable on 31 December annually. At the reporting date of 31 December 2015 interest has been received as expected and the market rate of interest is now 6%. Requirement (a) Show how the financial asset should be accounted for in the financial statements of Lynott Limited for the year ended 31 December...

Question