Compute the return on investment

Assignment Help Finance Basics
Reference no: EM132953082

Dave bought a rental property for $200,000 cash. One year later, he sold it for $240,000. Suppose Dave invested only $20,000 of his own money and borrowed $180,000 interest- free from his rich father. What was his return on investment?

Reference no: EM132953082

Questions Cloud

Lower growth impact-higher growth impact : Explain the impact a lower growth in sales could have on the dividend policy and retained earnings for the company featured in the case study.
What is the monthly payment : What is the monthly payment including principal, interest, taxes, and insurance?
How many shares are outstanding on december : Gratitude issued 600,000 shares of its authorized ordinary shares; How many shares are outstanding on December 31, 2021
What is the present value of the riskless portfolio : What is the present value of the riskless portfolio? Do not round intermediate calculations. Round your answer to the nearest cent.
Compute the return on investment : Suppose Dave invested only $20,000 of his own money and borrowed $180,000 interest- free from his rich father. What was his return on investment?
Compute the gross earnings of engelbert : Pesos Olover, 128, 460.00 Pesos Edward, 99, 295.00 Pesos Compute the gross earnings of Engelbert and each of his men for one month
What is the present value of the riskless portfolio : What is the present value of the riskless portfolio? Do not round intermediate calculations. Round your answer to the nearest cent.
Considering a lockbox system : Murkywater Company is considering a lockbox system. Its collection delay is currently 12 days.
What is current tax liability of a ltd for the year ended : What is the current tax liability of A Ltd for the year ended 30 June 2021, based on the information given above

Reviews

Write a Review

Finance Basics Questions & Answers

  Pr 13-1b boise bike corp manufactures mountain bikes and

pr 13-1b boise bike corp manufactures mountain bikes and distributes them through retail outlets in montana idaho

  Compare asset portfolios

How would we use the Sharpe Ratio to compare asset portfolios? What happens to the Sharpe Ratio as the risk-free rate increases?

  What is your payoff if the price at expiration

You buy 1 strike 40 call, 1 strike 40 put, and 3 strike 50 calls. Additionally, you write 2 strike 50 puts. What is your payoff if the price at expiration is 55

  Find how much money will be in the account

You are able to place $393 every month at the end of the month into a savings account at an annual rate of 4.94 percent, compounded monthly. How much money will be in the account after you made the last payment?

  Firm and the equity capitalization rate

If the debentures debt is increased to Rs. 10,00,000. What will be the effect on volume of the firm and the equity capitalization rate?

  Ashman wacc before selling the bonds

What was Ashman's WACC before selling the bonds? What is its new WACC after selling the bonds and retiring the stock with the proceeds from the sale of the? bon

  Formula for portfolio variance contains

In the case of a portfolio that consists of 64 stocks, the formula for portfolio variance contains how many variance terms? (NOTE: Take your time thinking your

  What is the value of the advance on the second day

What is the value of the advance/decline on the second day of this 4-day period? Calculate the current value of API's common stock given a discount

  Calculate the earnings per share

The Hamilton Corporation has 2 million shares of stock outstanding and will report earnings of $6,700,000 in the current year.

  What is business ethics in banking sector

What is business ethics in banking sector, and why it is important for all stakeholders and the public?

  What is annual percentage rate on loan offer make by bank

You are the owner and operator of Grains Plus located at Bathurst NSW. The rain during the spring have been the best in a decade and you are expecting a bumper.

  Calculate the equivalent annual cost of a new jet

Calculate the equivalent annual cost of a new jet. (Do not round intermediate calculations. Enter your answer as a negative value rounded to 2 decimal places.)

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