A stock has the following returns over three consecutive years: 85%, 58%, and 128%. What is the arithmetic average?

Answers

Answer 1

Answer:

The stock's arithmetic average is:

90.33%.

Explanation:

a) Data and Calculations:

Returns over three consecutive years:

Year 1 =   85%

Year 2 =  58%

Year 3 = 128%

Total returns = 271%

Average = Total returns divided by number of years

= 271/3

= 90.333

=90.33%

b) The arithmetic average is the total returns divided by the number of years involved.  This implies that we find the average or the mean by adding up some pieces of data together and dividing by the number of the pieces of data.


Related Questions

Earnings of workers are typically decreased by

Answers

It’s typically decreases by the amount of other workers.

BIZZ0 estimated that income for January would be $53,500 and expenses would be $37,250. The actual income was $48,500 and the actual expenses were $35,000. What is the variance for the balance (income − expenses)?

Answers

Answer:

the  variance for the balance is $2,750 favorable

Explanation:

The computation of the variance for the balance is shown below:

= Income - expenses

= (Estimated income - actual income) - (estimated expenses - actual expenses)

= ($53,500 - $48,500) - ($37,250 - $35,000)

= $5,000 - $2,250

= $2,750 favorable

Hence, the  variance for the balance is $2,750 favorable

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The efficient frontier of risky assets is
A. the portion of the investment opportunity set that lies above the global minimum variance portfolio.
B. the portion of the investment opportunity set that represents the highest standard deviations.
C. the portion of the investment opportunity set that includes the portfolios with the lowest standard deviation.
D. the set of portfolios that have zero standard deviation

Answers

Answer:

A. the portion of the investment opportunity set that lies above the global minimum variance portfolio.

Explanation:

The Efficient frontier refers to the portfolios set that involves that expected return whose return is high at the level of minimum risk so the asset that contains the high risk profile that investment opportunity set portion should be above the variance portfolio i.e. minimum globally

Therefore the correct option is a.

If a central bank wishes to reduce inflation, it should announce its intentions and follow through with them, thereby using _________ monetary policy.
A. visible
B. integral
C. credible
D. authoritative

Answers

Answer:

C. credible

Explanation:

A credible monetary policy is the policy where the problem of inconsistency of time can be avoided also the biasness of the inflation also it keeps the inflation under a control.

Therefore in the case when the central bank wants to decrease the inflation so they are using the credible monetary policy

Hence, the correct option is C.

What are the difference between aims and goal​

Answers

Answer:

Goal is a set target that a person wants to achieve, while Aim is the determined course a person sets to achieve a target.

Marigold Corp. gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $13700 Deposits in transit 1900 Notes receivable and interest collected by bank 4620 Bank charge for check printing 160 Outstanding checks 9400 NSF check 870 The adjusted cash balance per books on April 30 is:______.

Answers

Answer:

Marigold Corp. gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $13700 Deposits in transit 1900 Notes receivable and interest collected by bank 4620 Bank charge for check printing 160 Outstanding checks 9400 NSF check 870.

The adjusted cash balance per books on April 30 is:__$17,290.

Explanation:

a) Data and Calculations:

Cash balance per books, 4/30 = $13,700

Deposits in transit 1,900

Notes receivable and interest collected by bank 4,620

Bank charge for check printing 160

Outstanding checks 9,400

NSF check 870

b) Cash balance per books, 4/30                           $13,700

Notes receivable and interest collected by bank     4,620

Bank charge for check printing                                    -160

NSF check                                                                     -870

Adjusted cash balance as per books on April 30 $17,290

c) The adjusted cash balance of $17,290 will be equal to the balance on the bank statement on the same date, unless there is another accounting error that is not listed above.

Considering the needs of a global audience is essential to success in the hospitality and tourism industry?

Answers

Answer:

True

Explanation:

In simple words, the hospitality and tourism industry refers to the activities related to accommodation, restaurant and tourism etc. In such industries the main focus of the companies is the comfort and joy of their clients. This becomes difficult to implement as every individual have different needs and circumstances. Thus, the planning of activities should be made in such a way that it suited the global audience.

Suppose that some country had an adult population of about 47 million, a labor-force participation rate of 123.4 percent, and an unemployment rate of 31.0 percent. How many people were unemployed?

a. 18 million
b. 81.0 million
c. 58 million
d. 40 million

Answers

The number of unemployed peoples is 17.67 Millions, when the rate of unemployed peoples are 31%.

What is unemployment?

Unemployment happens when individuals who desire to do work are incapable to encounter jobs, which displaces economic output.

High pressure rates of unemployment are a sign of economic pain, while highly low-level rates of unemployment may sign a hotted economy.

Computation of unemployed peoples:

According to the given information,

The labor force rate =  123.4%, and

Absolute Value =  47 million

Then, the labor force population is:

[tex]\text{labor Force Population} = \text{The Labor Force Rate} \times \text{Absolute Value}\\\\\text{labor Force Population} =123.4\% \times 47 \text{Million}\\\\\text{labor Force Population} =57 \text{Approx.}[/tex]

Now, the number of unemployed peoples are:

According to the given information,

unemployment rate = 31.0

Then,

[tex]\text{Number of Unemployed Peoples} = \text{Unemployment Rate} \times \text{Labor force Population}\\\\\text{Number of Unemployed Peoples} = 31\% \times 57 \text{Million(Approx)}\\\\\text{Number of Unemployed Peoples} =17.67\text{Million}[/tex]

Therefore, the number of unemployed peoples are 17.67 Millions.

Learn more about unemployment, refer to:

https://brainly.com/question/14227610

Novak Corporation amended its pension plan on January 1, 2020, and granted $152,280 of prior service costs to its employees. The employees are expected to provide 1,880 service years in the future, with 330 service years in 2020. Compute prior service cost amortization for 2020. Prior service cost amortization for 2020

Answers

Answer:

26762.74

Explanation:

Prior service cost amortization for 2020 can be calculated by first calculating the average time until the employee's retirement. After calculating the average time until retirement we will divide the service cost at that time

Workings

average time until retirment  = 1880/330

average time until retirment = 5.69 years

prior service cost amortization for 2020 = $152,280/5.69

prior service cost amortization for 2020 = $26762.74

40 points Please answer
Discuss how the marketing mix affects your daily life. How might you use what you know about marketing in your career?

Answers

Explanation

I cannot even count the amount of times in our daily lives where we have to make decisions. If you invest a few minutes in analyzing it, the result would be the thought of endless products, services and life decisions being made every day some of them without even much thought

What should I wear

What should I eat

What am I going to do today

What school should I choose

Will I be buying my coffee from Starbucks, McCafe or at my local coffee shop?

In particular, product and services related decisions have turned to be routine answers made automatically every day, they help move the economy of cities, countries and ultimately the world.

Your storage firm has been offered 100,000 in one year to store some goods for one year. Assume your costs are $95,000, payable immediately, are the cost of capital is 8%. Should you take the contract?

Answers

Answer:

We should not take the contract

Explanation:

Net present value = Initial investment + Present value of cash inflows

Net present value = -95000 + 100000/1.08

Net present value = -2407.41

Thus, the contract should not be taken because the NPV is negative

What was the economy like before the corona virus??


Please help!!

5-8 lines

Answers

Answer:

BEFORE the virus, the economy was running (not perfectly) but smoothly. You could go to school without the worry of a death sentence. Marriages were more common before the virus. Concerts were available. You could go out and do things. Bears didn't have to leave the mountains for food. Businesses were running easier.

Explanation:

I hope this helps.

The Elkmont Corporation needs to raise $52.5 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $21 per share and the company's underwriters charge a spread of 7.5 percent, how many shares need to be sold?

Answers

Answer:

The amount of shares need to sold is

Gravel Company reported net income of $4,500,000 in 2021. The weighted average number of common shares outstanding during 2021 was 200,000 shares. Gravel paid $250,000 in dividends on preferred stock, which was convertible into 40,000 shares of common stock. How much is diluted earnings per share for 2021

Answers

Answer:

the diluted earning per share is $17.71

Explanation:

The computation of the diluted earning per share is shown below:

Diluted earning per share is

= (Net income - preference dividend) ÷ ( oustanding common stock shares + convertible shares)

= ($4,500,000 - $250,000) ÷ (200,000 + 40,000)

=  $4,250,000 ÷ 240,000 shares

= $17.71

hence, the diluted earning per share is $17.71

We simply applied the above formula so that the correct value could come

And, the same is to be considered

A $5,000 face value bond has a coupon rate of 6.5%, sells for $5,937, and matures in 7 years. What is its yield to maturity?a. 3.44%.b. 5.47%.c. 6.12%.d. 4.08%.

Answers

Answer:

YTM = 0.03495343461 or 3.495343461% rounded off to 3.50%

Explanation:

The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,

YTM = [ ( C + (F - P / n))  /  (F + P / 2) ]

Where,

C is the coupon payment

F is the Face value of the bond

P is the current value of the bond

n is the number of years to maturity

Assuming that the bond  pays coupon annually,

Coupon payment = 5000 * 0.065 = $325

Number of periods remaining till maturity = 7

YTM = [ (325 + (5000 - 5937 / 7))  /  (5000 + 5937 / 2)

YTM = 0.03495343461 or 3.495343461% rounded off to 3.50%

Before protecting a worksheet to avoid people from editing the formulas, you must ________.

unlock the input cells
lock the input cells
unlock the formula cells
lock the formula cells

Answers

Answer:

Lock the Formulas Cells

Explanation:

Now, go to lock the selected cells with formulas. To do this, press Ctrl - 1 to open the Format Cells dialog again, switch to the Protection tab, and check the Locked checkbox. The locked option prevents the user from overwriting, deleting or changing the content of the cells.

Trying to solve every problem on your own shows that you are responsible true or false

Answers

Answer:

True

Explanation:

What kind of question is this?

Answer:

I solve questions that I recognize

I WILL MARK IT AS BRAINLIEST ANSWER!!!!!

This site shows the occupations with the highest expected growth rates over the period 2014 - 2024. Which occupation is expected to grow at the highest percentage increase? Is this occupation also expected to have the largest increase in the number of jobs? Explain.

Answers

According to the information provided by the graph, it can be inferred that the occupation with the highest percentage of growth is wind turbine service technicians with 108.0%. While the one with the greatest increase in jobs is Home Health aides with 348.4.

How to interpret the information in the table?

In the table there are different columns and rows that organize the information. To know a specific data we must identify what each row and column corresponds to.

The columns (horizontal) correspond to the different jobs that are projected to increase in the period of time 2014 - 2024.

On the other hand, the (vertical) rows have different data such as:

Number of jobs.Change between 2014 and 2024.Average annual salary.Education required for that job.

According to this information, it can be inferred that the employment with the highest percentage of increase is that of wind turbine service technicians with 108.0%.

However, the air turbine technician job is not the one with the largest variation in job titles. The one with the greatest variation in jobs employment is Home Health aides with 348.4.

Learn more about employment in: https://brainly.com/question/239270

1. The occupation that is expected to grow at the highest percentage increase between 2014 and 2024 is Wind Turbine Services (technicians) with some college education.  It has a percentage change of 108%.

2. However, this occupation is not also expected to have the largest increase in the number of jobs.

Instead, the occupation with the largest increase in the number of jobs between 2014 and 2024 is Home Health Aides (with no formal educational credential).

What is occupation?

Occupation refers to the type of work a person does to earn a living.

For example, working as a Wind Turbine Service technician is an occupation.

Other occupations include school teaching, commercial driving, nursing practice, and working as a home health aide.

Thus, the occupation that is expected to grow at the highest percentage increase is Wind Turbine Services (technicians) while the occupation with the largest increase in the number of jobs is Home Health Aides.

Learn more about occupations at https://brainly.com/question/21414122

An example of a start of a start up cost

Answers

Answer:

what

Explanation:

please write the question properly I can't understand it

wait what ? maybe your saying for a product? I don’t get the question

Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B. False

Answers

Answer: False

Explanation:

Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.

The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.

Advantages of large group communication ?

Answers

Answer:

1: Increased output: The first and most important advantage of group work is, that it increases total productivity

2: More resources :The more member you have in a group, the resources you have at the end of the day...

3: Reliability: Project are safer with team than with individual.

4: proper decision making

5:Exposure to diversity.

Answer:

andvatage whem itsits when couple enoustryied withcouple walangjowa ble

Explanation:

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The price of TSC stock will be either $42 or $46 at the end of the year. Currently, T-bills yield 4.1 percent and TSC sells for $43 a share. What is the per share value of a one-year TSC call option if the exercise price is $45 per share?

a. $1.03
b. $.66
c. $.72
d. $.81
e. $0

Answers

Answer:

b. $.66

Explanation:

The computation of the per share value for the one year is

Given that

Current Price = $43

Possible Prices = $42 and $46

Now

u = [($46 - $43) ÷ $43] + 1

= 1.06977

And

d = 1 - [($42 - $43) ÷ $43]

= 0.9767

And,

Risk-Free Rate = T-Bill Rate = Rf = 4.1 %

Now the up move price probability is

= [(1 + Rf) - d] ÷ [u - d]

= [(1.041) - 0.9767] ÷ [1.06977 - 0.9767]

= 0.69088

And,  

Exercise Price = $ 45

Now

If the Price is $42, so Payoff = $0

And

if the Price is $46, so Payoff =is

= ($46 - $45)

= $1

Finally the call price is

= [0.69088 × 1 + (1 - 0.69088) × 0] ÷ 1.041

= $0.66367

= $0.66

A seller (or provider) of goods or services to a business organization is known as a:
A Vendor.
B Payee.
C Vendee.
D Creditor.
E Debtor.

Answers

Answer:

A. Vendor.

Explanation:

This individual or company would be known as a vendor. These individual/company offer others a specific good or service for their own personal or commercial use. These individuals/companies make money by manufacturing the product and selling them to others and making a profit in the process. Usually they also sell these products in bulk which still nets them good profit and provides a cheaper price to the buyer.

Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and a standard deviation of 300. Store A purchases the product for $10 each unit and sells each for $25. Inventory is salvaged for $5. What is its maximum profit?

a. $10,500
b. $8,500
c. $7,500
d. $6,000

Answers

Answer:

c. $7,500

Explanation:

Profit Maximization is a process in which an entity determines the selling price and cost of the product that results in the highest profit.

Use following formula to calculate the maximum profit

Maximum profit = Mean demand x ( Price per unit - Cost per unit )

Where

Mean demand = 500

Price per unit = $25

Cost per unit = $10

Placing values in the formula

Maximum Profit = 500 x ( $25 - $10 )

Maximum Profit = $7,500

An increase in income:________. A. changes relative prices of goods the consumer buys. B. shifts the budget constraint outward. C. shifts the budget constraint inward. D. leads to the substitution effect.

Answers

Answer: B. shifts the budget constraint outward

Explanation:

An increase in the income of a consumer will bring about an outward shift of the budget constraint. This is because when the income of a consumer rises, such consumer can buy more goods and services.

Also, a decrease in income will result into an inward shift of the budget constraint. This is because lesser goods are purchased.

Whenever significant expansionary policies are implemented and left in place for at least half a year or more, the likely result is:_____.

Answers

Answer:

It starts effecting price level - inflationary pressure in economy.

Explanation:

Expansionary policies are aimed at increasing Aggregate Demand, by Fiscal or monetary approach.

Fiscal expansion policy include increasing government public expenditure, reducing government tax revenue. Monetary Expansion policy aim include credit expansion - from decreased LRR, decreased bank rate, decreased marginal requirement etc

Significant expansion policy left for more than half an year, start exerting inflationary pressure on the economy price level.

Answer:

high inflation or reduced government spending

Explanation:

Which of the following choices include only accounts that appear in the asset section of the balance sheet?Multiple Choice Prepaid supplies, unearned revenue, accounts payable Accounts payable, equipment, prepaid insurance Cash, prepaid rent, accounts receivables Common stock, prepaid rent, notes payable

Answers

Answer:

C. Cash, prepaid rent, accounts receivables.

Explanation:

A balance sheet can be defined as the financial statement that gives a detailed summary of the financial balance of a business firm or individual at a specific period of time. Therefore, it typically comprises of assets, liabilities, capital, debt, equity etc.

In Financial accounting, Accounts Receivable are considered to be a current asset because it is the payment a business firm would receive from its customers for goods purchased or services taken on credit. Also, cash, rent and accounts receivable are recorded in the current assets section of the balance sheet because they add value to a business firm.

Generally, current assets are considered to be liquid because they are listed on the balance sheet in the order (descending) in which they are expected to turn or be converted to cash within a relatively short term period.

Hence, account receivables, cash and rent are assets on the balance sheet, which are listed in order of liquidity.

The choice that include only accounts that appear in the asset section of the balance sheet are Cash, prepaid rent, and accounts receivables.

a community hospital in pennsylvania has a 15% supply expense ratio. If total operating expenses are $1 million this month, what is the total annual cost of supplies

Answers

Answer:

$150,000

Explanation:

The question says that the total operating expenses of the hospital is 1 million, while also saying that it has a supply expense ratio of 15%. An expense ratio can be by dividing a fund's total operating expenses it's average dollar value of its assets under it's management. This is what gave us the 15% we got in the question. Now, to get the total supply cost in dollars (not percentage), all we is multiply the percentage by the total cost we were given. Thus,

Total annual cost of supply =

15% * 1,000,000 =

15/100 * 1,000,000 =

$150,000.

Therefore, the total annual cost of supply is $150,000

If your nominal rate of return is 14.38 percent and your real rate of return is 4.97 percent, what is the inflation rate

Answers

Answer:

try 1.35

Explanation:

Paunch Burger has a beta of 1.2 and just paid a dividend of $2.30 that is expected to grow at 3.2%. If the risk-free rate is 3% and the market risk premium is 6%, what should be the price of the stock

Answers

Answer:

P0 = $33.9085 rounded off to $33.91

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,  

D0 is the dividend paid  recently

D0 * (1+g) is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

First we need to calculate the required rate of return or r using the CAPM.

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

r = rRF + Beta * rpM

Where,  

rRF is the risk free rate

rpM is the market risk premium

r = 0.03 + 1.2 * 0.06

r = 0.102 or 10.2%

Now using the formula for P0 under the constant dividend growth model,

P0 = 2.3 * (1+0.032)  /  (0.102 - 0.032)

P0 = $33.9085 rounded off to $33.91

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