Please need answer not use chatgpt You just sold 500 shares of stock for $35.80 per share. Oneyear ago, you purchased the stock for $39.22 per share andhave received dividends totaling $0.85 per share. What isyour total capital gain in dollars?

The problem requires the determination of the capital gains.A capital gain is the increase in a…

Answered: You just sold 500 shares of stock for…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

General Accounting
Financial Accounting
Can you answer this accounting question?
You just purchased a share of SPCC for $97.95. You expect to receive a dividend of $5.64 in one year. If you expect the price after the dividend is paid to be $107.44, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate? The total return you will have earned over the year is %. (Round to two decimal places.)
You bought a stock one year ago for $48.45 per share and sold it today for $57.58 per share. It paid a $1.93 per share dividend today. If you assume that the stock fell $5.23 to $43.22 instead. Is your capital gain different? Why or why not?
You bought a stock one year ago for $51.79 per share and sold it today for $57.42 per share. It paid a $1.03 per share dividend today. What was your realized return?
You just purchased a share of SPCC for $101. You expect to receive a dividend of $7 in one year. If you expect the price after the dividend is paid to be $113, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate?
You just purchased a share of SPCC for $101.You expect to receive a dividend of $6 in one year. If you expect the price after the dividend is paid to be $115, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate? _____________________%.(Round to two decimal places.)
One year ago, you bought a stock for $50.39 a share. You received a dividend of $2.97 per share last month and sold the stock today for $49.58 a share. What is the capital gains yield (in percent) on this investment? Correct pls.
You bought a stock one year ago for $49.83 per share and sold it today for $59.22 per share. It paid a $1.74 per share dividend today. How much of the return came from dividend yield and how much came from capital gain? ..... The return that came from dividend yield is %. (Round to one decimal place.)
None
You just purchased a share of SPCC for $95. You expect to receive a dividend of $7 in one year. If you expect the price after the dividend is paid to be $115, what total return will you have earned over the year? What was your dividend yield? Your capital gain rate? The total return you will have earned over the year is _____%. (Round to two decimal places.) Your dividend yield will be ____%. (Round to two decimal places.) Your capital gain rate will be _____%. (Round to two decimal places.)

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

You just sold 500 shares of stock for $35.80 per share. One year ago, you purchased the stock for $39.22 per share and have received dividends totaling $0.85 per share. What is your total capital gain in dollars?