You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increase?

Answers

Answer 1

Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

=$30/$55 x 100

=0.545454 x 100

=54.5454%

=54.55%


Related Questions

A communication style is ____________________

Answers

Answer:

Communication styles are the broad ways in which people tend to communicate with others.

Explanation:

Answer:

Texting

Explanation:

here is a riddle again

If you drop me I’m sure to crack, but give me a smile and I’ll always smile back. What am I?

Answers

Answer:

a mirror

Explanation:

When loan payments are amortized, the total amount you owe every month​

Answers

Answer:

Since amortization means the period repayment of a loan, with a specific amount going to the principal and interest payments, the amortization schedule amounts to a total fixed monthly payment of $836.03 over the life of the mortgage loan.

Explanation:

At the time when the loan payment should be amortized so the total amount owed is the periodic payment.

The following information related to the periodic payment is:

At the time when there is owe amount for each amount and the payment regarding the loan should be amortized so it is a periodic payment. Also, from that some part of the payment is belonged to the interest and principal amount.

Therefore we can conclude that at the time when the loan payment should be amortized so the total amount owed is the periodic payment.

Learn more: brainly.com/question/15569649

Which of the following is not a required element of a contract
A Offer
B Breach
C Acceptance
D Consideration

Answers

Answer:

D

Explanation:

Consideration is unnecessary.

Considering the available options, the option that is not a required element of a contract is "Breach."

This is because for a contract to be valid and enforceable in a court of law there must be the following elements.

Offer: there must be an offer from one party to another which must be accepted. Offer can be verbal or written. The person making the offer is known as the offeror.

Acceptance: for a contract to be valid, there must also be an acceptance from the other party. Acceptance can also be verbal or written. The person accepting the offer is known as the offeree.

Consideration: this is also an essential part of a contract. A consideration Is what is given by the parties to a contract to make it enforceable. For instance, a vendor's consideration is goods or services delivered, while a purchaser's consideration is the money paid for the goods or services.

However, the breach is not part of a contract element as breach voids a contract.

Some other elements of a contract are the legality and capacity of the parties and the consideration involved.

Hence, in this case, the correct answer is option B. "Breach."

Learn more here: https://brainly.com/question/18635207

If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quantity demanded?

Answers

Answer:

12

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

change in quantity demanded

= 36-24

= 12

What are three factors that affect price equilibrium and how does each factor affect it?

Answers


As you can see, an increase in demand causes the equilibrium price to rise. On the other hand, a decrease in demand causes the equilibrium price to fall. An increase in supply causes the equilibrium price to fall, while a decrease in supply causes the equilibrium price to rise.

Is it possible for someone in a working industry to has self-motivation, but not self-discipline? Explain.

Answers

It is possible because someone can believe in their self but they can’t control their temptations or their weakness to something
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