Alice purchases 500 shares of common stock from GEO Corporation for $34.80 per share. She keeps...

Alice purchases 500 shares of common stock from GEO Corporation for $34.80 per share. She keeps the stock for two years, and then sells all 500 shares for $42.50 per share. She earned dividends of $1.50 per share during last year. Please let me know the Rate of Return for her investment, then the Average Annual Rate of Return.

Expert Solution

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 1 year ago

in 2018, camrim corporation purchases 1,000 shares of tresury stock for $11 per share. in 2019...

in 2018, camrim corporation purchases 1,000 shares of tresury stock for $11 per share. in 2019 camrim reissues 110 shares of the tresury stock for $13 per share. in 2020, camrim reissues 440 shares of its tresury stock for $8 per share. the journal entry to record the reissuance of tresury stock year 2020 will debit retained earnigns for $______

1. Johnny Appleseed purchases 500 shares of Musselman Applesauce stock for $27.50 per share, par value....

1. Johnny Appleseed purchases 500 shares of Musselman Applesauce stock for $27.50 per share, par value. On the purchase, he pays a flat fee commission of $29.95. a.) What is his total cost for the stock purchase? b.) After two years, he decides to sell all of his stock for $32.19 per share. His broker has since changed his commission rate and now charges him a rate of 5% of the selling price of the stock. What is the broker’s...

Common stock: 265,000 shares of common stock selling for $76 per share. The stock has a...

Common stock: 265,000 shares of common stock selling for $76 per share. The stock has a beta of 0.92 and will pay a dividend of $2.48 next year. The dividend is expected to grow by 4 percent per year indefinitely. Preferred stock: 7,500 shares of 6 percent preferred stock (par value $100) selling at $88 per share. Debt: 8,500 units of 7.1 percent coupon bonds outstanding, with 14 years to maturity and a quoted price of 102.6%. These bonds pay...

2.) Jones Company purchases 1,000 shares of Micro Corporation stock at $34 per share on July...

2.) Jones Company purchases 1,000 shares of Micro Corporation stock at $34 per share on July 31. The company expects to hold the stock for 6 months and then sell it. At December 31, the market price of the stock is $32 per share. Required: 1. What type of investment is this for Jones Company? Explain your answer. 2. Prepare the necessary journal entries. Explanations are not required. 3. Discuss how Jones Company would report this investment on its balance...

Troutman Corporation has 7,000 shares of common stock outstanding. It declares a $1 per share cash...

Troutman Corporation has 7,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

purchased 150 shares of Henry Corporation common stock for $30 per share plus commission of $120....

purchased 150 shares of Henry Corporation common stock for $30 per share plus commission of $120. Immediately issued a ACH payment to Central Brokerage. What is the journal entry and if so, are there two journal entries, one for purchase and the other for cash disbursement?

When an investor purchases a share of a firm's common stock, what does he or she...

When an investor purchases a share of a firm's common stock, what does he or she receive in return? (Select all that apply.) Multiple select question. A share in the company's future successes and setbacks An ownership share in the firm A guarantee of future dividends A guaranteed constant increase in the market value of the share

Ms. Bodkin bought 500 shares of common stock of ABC Ltd. at $60 a share a...

Ms. Bodkin bought 500 shares of common stock of ABC Ltd. at $60 a share a few years ago. Currently, price per share of ABC's stock is $100. Suppose she takes a short position of 400 shares at the current price of $100. For the following possible spot price on the settlement date, denoted by S1, calculate capital gain(loss) for her total position in ABC's stock: (i)St = $120 (ii) St = $40 Does her short position of 400 shares...

1.Boris Corporation issued 25,000 shares of $10 par value common stock at $30 per share. As...

1.Boris Corporation issued 25,000 shares of $10 par value common stock at $30 per share. As a result of this transaction, Boris Corporation’s: A. Paid in Capital in Excess of Par Value increased by $250,000 B. Paid in Capital in Excess of Par Value increased by $750,000 C. Common Stock increased by $250,000 D. Common Stock increased by $750,000 2.Karin, Inc. has 5,000 shares of 6%, $200 par value, cumulative preferred stock and 100,000 shares of $2 par value common...

CSUSM opens a brokerage account and purchases 600 shares of CSU at $45 per share. She...

CSUSM opens a brokerage account and purchases 600 shares of CSU at $45 per share. She borrows $6,000 from her broker to help pay for the purchase. The interest rate on the loan is 7%. o What is the margin in CSUSM account when she first purchases the stock? o If the share price falls to $40 per share by the end of the year, what is theremaining margin in her account? o If the maintenance margin requirement is 30%,...

Question