Compute the rate of return on the investment

Assignment Help Financial Accounting
Reference no: EM132944148

Problem 1: Mr. James K. Silber, an avid international investor, just sold shares of Nestlé, a Swiss firm, for SF7,364. The shares were bought for SF5,489 a year ago. The USD/CHF rate is SF0.948 now and was 0.99 a year ago. Mr. Silber received SF163 as a cash dividend immediately before the shares were sold. Compute the rate of return on this investment in terms of U.S. dollars.

Reference no: EM132944148

Questions Cloud

How much profit did mr jorus make in usd : Mr. Jorus, who is the manager of a Bermuda-based hedge fund, thought that the substantial. How much profit did Mr. Jorus make (USD, no cents)?
Find what rate of return japan life realize on investment : The exchange rate turned out to be 102.75 yen per dollar at the time of liquidation. What rate of return did Japan Life realize on this investment in yen terms
What amount should EUN report as retained earnings : For the two months ended February 28, 2019, EUN sustained a net loss of P10,000. What amount should EUN report as retained earnings as of March 1, 2019
Project on resveratrol : Project on Resveratrol (RES) as Treatment for BPA Exposure
Compute the rate of return on the investment : Mr. Silber received SF163 as a cash dividend immediately before the shares were sold. Compute the rate of return on this investment in terms of U.S. dollars.
What the total contributed capital amounted : Issued 5,000 ordinary shares in exchange for a patent valued at P100,000. At the end of the CC's first year, what the total contributed capital amounted
At what date and how much will be paid for income tax : Assume the pay period ends on Friday 3rd July and the financial year ends on 30th June. At what date and how much will be paid for income tax
Which is true regarding a self amortizing : Which is true regarding a self amortizing, fixed rate mortgage? Having a fixed interest rate is always a benefit to a home mortgage
What will be the adjusting journal entry amount : Sala is 80% certain that she will not leave the company in the next 5 years. What will be the adjusting journal entry amount

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the probability that a randomly selected monthly

What is the probability that a randomly selected monthly cell phone bill is between $62 and $84. Cell phone bills are distributed with a standard deviation

  Find what was the company net income

Cost of goods sold of $280,000, and an income tax rate of 30 percent on income before income taxes. What was the company's 2016 net income?

  Determine what is the initial investment

Determine What is the initial investment. ABC Manufacturing Limited has a machine currently in use that was originally purchased three years ago

  On 1st may 2007 mosby company received an order to trade a

on 1st may 2007 mosby company received an order to trade a machine to a customer in canada at a price of 2000000

  What is his federal income tax

Richard, a single taxpayer, has adjusted gross income of $40,450. His AGI includes $4,000 of qualified dividends. Richard has no dependents and does not itemize deductions. What is his 2008 federal income tax

  Difference will reverse and cause deductible

AAA Corporation has one temporary difference at the end of the of 2014. The difference will reverse and cause deductible amounts of $10,000 in 2015 and $20,000

  How much balances pertaining to the bond investment

Calculate and explain how much balances pertaining to the bond investment and income accounts will be at the year-end

  What is hailstorm company break-even point in units

Hailstorm Company sells a single product for $22 per unit. Variable costs are $14 per unit and fixed costs are $60,000 at an operating level of 7,000 to 12,000 units. What is Hailstorm Company's break-even point in units? How many units must be sold ..

  What is the desired profit per unit

Larry Cable Inc. plans to introduce a new product and is using target cost approach. Projected sales revenue is $810,000 ($4.05 per unit) and target costs are $730,000, what is the desired profit per unit

  How pressure exerted on senior management

Describe how pressure exerted on senior management by shareholders and other parties may impact the accuracy of financial statements

  Questioncairns owns 75 of the voting stock of hamilton inc

questioncairns owns 75 of the voting stock of hamilton inc. the parents interest was acquired quite a few years ago on

  What amount is the note payable recorded at on october

Saint Medical Labs borrowed $350,000 on October 1 and is required to pay $360,000 on March 1. What amount is the note payable recorded at on October 1

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