User Account

All Pages

Calculate the percentage return the shareholder has achieved

Assignment Help Financial Accounting
Reference no: EM132488373

An investor purchased 6 800 shares for R17,62 per share in 2018. He sold 1 800 shares for R19,40 shortly before dividends of 60c per share were declared. A year later, in 2019, his total wealth was R122 920, including shares and cash from the share sale.

Question 1. Calculate the share price in 2019. Round off the calculated share price to the nearest cent.

Question 2. Calculate the percentage return the shareholder has achieved between 2018 and 2019.

Reference no: EM132488373

Questions Cloud

BIT207 Introduction to Web Development Assignment : BIT207 Introduction to Web Development Assignment help and solution, Emirates College of Technology - assessment writing service
Determine what would be the price of the stock : Determine What would be the price of the stock. If a firm's discount rate is 0.1, The next annual dividend is $2, to be paid one year from now.
How much gain should Sycamore Company recognize : Sycamore sold the land to an unrelated person for $490,000. How much gain should Sycamore Company recognize on this transaction
What impact does the purchase of treasury stock have : What impact does the sale of treasury stock for an amount higher than the purchase price have on the statement of cash flows
Calculate the percentage return the shareholder has achieved : Determine and Calculate the share price in 2019. Calculate the percentage return the shareholder has achieved between 2018 and 2019.
List the earnings per share data : Assuming a 50% tax rate, LIST the earnings per share data that should appear on the financial statements of Pronghorn Industries as of December 31, 2017.
Brief summary and analysis of the journal articles : Brief summary and analysis of the journal articles reviewed. The type of articles you will need to find is researcharticles located in scholarly journals.
Prepare the journal entries to record the restricted stock : Prepare the journal entry to account for this forfeiture. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Prepare the entry to record the issuance of the bonds : Prepare the entry to record the issuance of the bonds and warrants. (Credit account titles are automatically indented when amount is entered)

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd