What is mary total investment in america bank

Assignment Help Accounting Basics
Reference no: EM133172541

Question - For four years, Mary Thomas invested $4,800 each year in America Bank stock. The stock was selling for $37 in 2015, for $52 in 2016, for $39 in 2017, and for $59 in 2018.

(a) What is Mary's total investment in America Bank?

(b) After four years, how many shares does Mary own?

(c) What is the average cost per share of Mary's investment?

Reference no: EM133172541

Questions Cloud

Calculate minimum stock the buyer needs to carry : Every Monday, a discount store's men's underwear buyer checks his assortment to place reorders for his basic items. Calculate minimum stock buyer needs to carry
Establish the operating plans for the restaurant : APC International has now established a head office in Brisbane Australia, and is going to open up arestaurant to test the Australian market for the next 12 mon
Computing basic earnings per share for the year : What number of shares should be used in computing basic earnings per share for the year ended December 31, 2023
Determine the value of the ending finished goods inventory : Company H reports the following data at the end of its first fiscal year: Raw materials used: $50,000. Determine value of the ending finished goods inventory
What is mary total investment in america bank : For four years, Mary Thomas invested $4,800 each year in America Bank stock. What is Mary total investment in America Bank
Find the order or the reaction : Find the order or the reaction and the reaction rate constant by trial-and-error method. (Note: here 'A' is a reactant. You must show all the graphs for zero
What should be the selling price per unit : Average taxes payable balance: $100,000 Annual total fixed cost: $7,000,000 Unit variable cost: $60. What should be the selling price per unit
Monitored alarm system : You are a property underwriter that has been asked to insure the property located at 1060 Dundas Street in London Ontario owned by Fanshawe Properties Inc.
What affect do unions have on wages and benefits : What affect do unions have on wages and benefits? (Compare the union and non-union sectors of the economy).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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