Calculate tammy total return on this investment

Assignment Help Accounting Basics
Reference no: EM133158403

Question - Tammy Jackson purchased 166 shares of All-American Manufacturing Company stock at $40.50 a share. One year later, she sold the stock for $45 a share. She paid her broker a $38 commission when she purchased the stock and a $47 commission when she sold it. During the 12 months she owned the stock, she received $202 in dividends. Calculate Tammy's total return on this investment.

Reference no: EM133158403

Questions Cloud

Determining the global strategy-policy : 1. If you were a private equity specialist, what types of companies would you look for?
Does an investment company provide any economic function : Question - Does an investment company provide any economic function that individual investors cannot provide for their own? Explain your answer
Discuss exchange traded funds in the philippines : Question - Discuss Exchange Traded Funds in the Philippines. What are the advantages & disadvantages of investing in ETF
What role does today supervisor play : 1. What role does today's supervisor play? 2. Are supervisors in today's organizations changing their roles?
Calculate tammy total return on this investment : Tammy Jackson purchased 166 shares of All-American Manufacturing Company stock at $40.50 a share. Calculate Tammy total return on this investment
Explain the general principles and/or typical guidelines : Explain the general principles and/or typical guidelines that a human resource professional should follow in both structuring and staffing an HR department that
Discuss direct-indirect costs of turnover to organization : Discuss the direct and indirect costs of turnover to an organization. Direct costs are those "hard costs" that occur when someone leaves a position.
How high can the discount rate be before you would reject : A project that costs $3,500 to install will provide annual cash flows of $1,050 for each of the next 6 years. How high can the discount rate before you reject
Diversity and inclusion improve a company : Share an example or two. What role does mindfulness play in D & I? How does a proactive focus on diversity and inclusion improve a company?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the cost to be assigned to ending inventory

Given the following information about purchases and sales during the year, compute the cost to be assigned to ending inventory under each of three methods: (a) average-cost, (b) FIFO, and (c) LIFO

  Identify the performance obligation in the contract

With reference to FRS 115, identify the performance obligation(s) in the contract between ABC and EA. Explain your answer

  Calculate the contribution margin per unit

Pelos Bicycles makes stationary bikes. They are planning for the coming year. Calculate the contribution margin per unit

  Compute the revised annual depreciation

On January 1, 2020, the Martinez Company ledger shows Equipment $31,000. Compute the revised annual depreciation

  What is depreciation for each subsequent year

The company did not elect Sec.179 expensing and elects out of bonus depreciation. What is depreciation for 2019 and each subsequent year

  What would be the companys contribution

Samantha Montgomery (age 42) is employed by Canon Company and is paid a salary of $62,430. What would be the companys contribution

  How much interest is included in her gross income

Lori purchased educational savings bonds to help finance her son's education. If Lori's AGI is $55,000, how much interest is included in her gross income

  A firm had a cash balance of 52000 at the beginning of the

A firm had a cash balance of $52,000 at the beginning of the year. There was a net decrease in cash and cash equivalents (defined as cash inflows minus outflows during the period) of $8,000. What is the ending cash balance?

  Appraise the financial health and performance of a company

Appraise the financial health and performance of a company."Balance sheet horizontal analysis" and "Balance sheet vertical analysis"

  What other factors need to be considered by the practitioner

The forecast predicts that sales will substantially increase next year, What other factors need to be considered by the practitioner

  Prepare the journal entry for the issuance of the bonds and

intel inc. is the pioneer in the manufacture of microprocessor for computers. the companys fiscal year runs from april

  Do think all medicare prescriptions should be free

Do you think all Medicare prescriptions should be free? Medicare patients who are mostly the elderly 65+ or individual's that have extreme health concerns

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd