What is the dollar amount of income

Assignment Help Finance Basics
Reference no: EM132478211

London purchased a piece of real estate last year for $85,900. The real estate is now worth $105,000. If London needs to have a total return of 0.24 during the year, then what is the dollar amount of income that she needed to have to reach her objective? Round to two decimal places.

Reference no: EM132478211

Questions Cloud

How many payments can Mel expect to receive : Mel expects to earn 7.23 percent per year. How many payments of 16,100 dollars can Mel expect to receive if his first annual payment of 16,100 dollars
Asset allocation between risky and riskless investments : Asset Allocation Between Risky and Riskless Investments with a risky portfolio with a beta of 1.2. You wish to reduce the portfolio beta to 0.5.
Compute the companys predetermined overhead rate : Compute the company's predetermined overhead rate for the year and the amount of underapplied or overapplied overhead for the year.
How will Joanne treat distribution for tax purposes : Joanne owns 100% stock of the hockey shop. Her basis in the stock is $24,000. How will Joanne treat distribution for tax purposes
What is the dollar amount of income : If London needs to have a total return of 0.24 during the year, then what is the dollar amount of income that she needed to have to reach her objective?
Determine the equivalent units of production : Determine the equivalent units of production. Determine the cost of the units transferred to the next department. Determine the costs per equivalent unit.
What are the challenges : What are the challenges and Impact on neighboring countries specially Pakistan and India - which recently signed between US and Taliban
Determining the cake demand next year : Cake is a product of the Chester company which is primarily sold in the Americas Budget segment. Chester starts to create their sales forecast by assuming
Calculate the amount of the firm income before tax : Calculate the amount of the firm's income before tax?

Reviews

Write a Review

Finance Basics Questions & Answers

  How much do you need to save each year if you believe you

Let's say you are 25 years old and you are starting your career. you have student debt. You want to retire at age 65 and you believe you will need one millions dollars saved. How much do you need to save each year if you believe you can invest it in ..

  Evaluating the var in a historical simulation

National Bank Asia desire to employee fresh young graduates to work in their Market Risk Management department. As you are preparing your interview,

  Capital leases and operating leases are two major

capital leases and operating leases are two major classifications of leases.requireda. describe how a lessee accounts

  What is the dollar size of the issue

D. Butler Inc. needs to raise $14 million. Assuming that the market price of the firm's stock is $95, and flotation costs are 10 percent of the market price, how many shares would have to be issued? What is the dollar size of the issue?

  Which working capital policy is riskier

Determine the expected rate of return on equity capital under each of the working capital policies. Which working capital policy is riskier?Explain.

  Compute the expected rate of return

Demonstrate to your colleagues how you would calculate the expected rate of return,r-hat, also called r-hat, and Beta on a self-designed portfolio of four common stocks selected from the NASDAQ or NYSE stock exchanges. Assume the weighting of the ..

  What is the level of sales required to achieve

What is the level of sales (in units) required to achieve a net income of 15 percent of sales?

  What are the potential profits and losses

The price of a stock is $46 and the prices of call options to buy the stock at $45 and $50 are $6 and $3, respectively. What are the potential profits and losses when the price of the stock is $40, $45, $50, and $55 if the investor buys the call a..

  What could the business do to correct the weakness

Evaluating internal control over cash payments Gary's Great Cars purchases high-performance auto parts from a Nebraska vendor.

  Examine the dimensions of operating a retail business

Analyze human resource management and financial aspects of operation management in retail organizations. Examine the dimensions of operating a retail business

  Do sales forecast reveal opportunities and threats

Do sales forecast reveal opportunities and threats, strengths and weaknesses? Do you expect that the company will stick with the upfront sales forecast

  What is the amount of the total liabilities

A firm has net working capital of $560. Long-term debt is $3,970, total assets are $7,390, and fixed assets are $3,910. What is the amount of the total liabilities?

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