Steve buys 1000 shares of Axe stock at $55 per share on January 1, Year 1. At the end of the first year (December 31, Year 1), the stock has dropped, so he buys 500 more shares at $50 per share. At the end of the second year (December 31, Year 2), he buys another 500 shares for $40 per share. The stock pays a dividend of $3.00 per share on December 29th of each year. Axe is trading at $63.00 per share as of December 31, Year 3. What is the dollar weighted return for Steve’s investment in Axe since January 1, Year 1 to today?

Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes