Zap fund is the mainstay of portfolio

Assignment Help Financial Accounting
Reference no: EM132203727

Zap Fund is the mainstay of your portfolio. The investment company just announced its? year-end distributions. The? long-term capital gain per share is ?$5.56 and the dividend per share is ?$4.18. Assuming the NAV increased from ?$48.98 to ?$53.57?, during the? year, calculate your total annual return.

Assuming the NAV increased from ?$48.98 to ?$53.57?, during the? year, your total annual return would be _____%

Reference no: EM132203727

Questions Cloud

Estimating costs based on past information : A company is estimating its costs based on past information. The total costs incurred by the company at different levels of output were as follows:
Balance of accounts receivable : January 1, 2014 balance of Accounts Receivable was $39,500 with a credit balance of $15,000 in the Allowance for Doubtful Accounts.
Youth related anti-social behaviour in nearby blue bay : These residents are feeling frightened and vulnerable due to a recent increase in youth related anti-social behaviour in nearby Blue Bay.
Description of products and services offered to consumer : Product a. This section of the marketing plan should include a description of the products and services offered to the consumer.
Zap fund is the mainstay of portfolio : Zap Fund is the mainstay of your portfolio. The investment company just announced its? year-end distributions.
How much are the proceeds that they will receive : On January 1, Electric Company issued $325,000 of 6%, 3-year bonds when the market rate of interest was 10%.
Purchased a machine on january : Alpha Co. purchased a machine on January 1, 2017, for $60,000. The machine was estimated to have a service life of ten years with an estimated residual
Determine the dollar values following the month of may : Using the LIFO method, determine the dollar values following the month of May
Determine the dollar amounts : No other stock transaction to determine the dollar amounts that Alpha will report on its fiscal year 2017 Balance Sheet.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What rate of return did mike earn over year

During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What rate of return did Mike earn over the year?

  How to report sale of stock of s corporation

How to report in tax return at the end of year for both the buyer and seller? Do we need to report anything in Schedule k or k-1 or Form 8949 or Schedule D.

  Explain how the accounting equation is impacted

A building is purchased for $35,000. (1) Name the accounts impacted and how using the format account name/debit or credit/dollar amount and explain how the accounting equation is impacted.

  Prepare a four-column account for accounts payable

Prepare a four-column account for Supplies. Enter a debit balance of $2,200 as of January 1, 2016. Enter "Balance" in the Item column and place a check mark (?) in the Posting Reference column.

  Determine the total noncontrolling interest

Determine the total noncontrolling interest that will be reported on the consolidated balance sheet on December 31, 2014. How does the noncontrolling interest

  Prepare any adjusting entries you feel are necessary

Prepare any adjusting entries you feel are necessary in a separate tab sheet,  in a proper adjusting journal entry format, including explanations.

  Stock investment transactions

On March 20, 10,000 shares of Thorlite Company are acquired at a price of $30 per share plus a $250 brokerage fee. On May 30, a $0.25-per-share dividend was received on the Thorlite Company stock. On June 15, 5,000 shares of the Thorlite Company stoc..

  Balance in phillips company''s investment account

The balance in Phillips Company's investment account on 31st December, 2003, was $54,000.

  At what amount should lawrence company carry the parts

The forward contract is properly designated as a fair value hedge of the FC100,000 firm commitment. On June 12, when the company receieves the parts, the spot rate is .23. At what amount should Lawrence Company carry the parts inventory on its ..

  Perpetual inventory system-credit card transactions

Levine Company used the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Sunstrust Bank Card, Levine receives an immediate credit to its account when it deposits sales receipts. Prepare journal e..

  Assuming the company will remain going concern indefinitely

You’ve recently learned that the company where you work is being sold for $350,000. The company’s income statement indicates current profits of $12,000, which have yet to be paid out as dividends. Assuming the company will remain a “going concern” in..

  Determine the net income and comprehensive income

On January 1, 2017, Waterway Inc. had cash and common stock of $60,530. At that date, the company had no other asset, liability, or equity balances. On January 2, 2017, it purchased for cash $20,760 of debt securities that it classified as available-..

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