Connect In June, an investor purchased 375 shares of Oracle (an information technology company) stock at...
In June, an investor purchased 375 shares of Oracle (an information technology company) stock at $22 per share. In August, she purchased an additional 250 shares at $24 per share. In November, she purchased an additional 450 shares, but the stock increased to $32 per share. What is the weighted mean price per share? (Round your answer to 2 decimal places.)
In June, an investor purchased 200 shares of Oracle (an information technology company) stock at $21 per share. In August, she purchased an additional 340 shares at $25 per share. In November, she purchased an additional 470 shares, but the stock increased to $33 per share. What is the weighted mean price per share? (Round your answer to 2 decimal places.) Weighted mean price per share
In June, an investor purchased 300 shares of Oracle (an information technology company) stock at $22 per share. In August, she purchased an additional 290 shares at $24 per share. In November, she purchased an additional 530 shares, but the stock increased to $33 per share. What is the weighted mean price per share? (Round your answer to 2 decimal places.) Weighted mean price per share
Entries for Stock Dividends Madrid Corporation has 26,000 shares of $30 par common stock outstanding. On June 8, Madrid Corporation declared a 5% stock dividend to be issued August 12 to stockholders of record on July 13. The market price of the stock was $36 per share on June 8. Journalize the entries required on June 8, July 13, and August 12. For a compound transaction, if an amount box does not require an entry, leave it blank. If no...
Determining Effects of Stock Splits Oracle Corp has had the following stock splits since its inception. Effective Date Split Amount 2 for 1 October 12, 2000 January 18, 2000 2 for 1 February 26, 1999 3 for 2 August 15, 1997 3 for 2 April 16, 1996 3 for 2 February 22, 1995 3 for 2 November 8,1993 2 for 1 June 16,1989 2 for 1 December 21, 1987 2 for 1 March 9, 1987 2 for 1 a. If...
Determining Effects of Stock Splits Oracle Corp has had the following stock splits since its inception. Effective Date October 12, 2000 January 18, 2000 February 26, 1999 August 15. 1997 April 16, 1996 February 22, 1995 November 8, 1993 June 16,1989 December 21,1987 March 9, 1987 Split Amount 2 for 1 2 for 1 3 for 2 3 for 2 3 for 2 3 for 2 2 for 1 2 for 1 2 for 1 2 for 1 a. If...
An investor purchased 500 shares of Electric Shaver Corporation stock at a price of $22.50 per share. One year later, the shares are selling for $21 each. The stock paid a dividend of $1.50 per share. What is the total percentage return on the investment? Group of answer choices -6.76% 0.00% 6.76% 7.14%
Crosby purchased 200 shares of Nash, Inc. Common stock on November 13, 2008, for $3,400 and paid a $200 commission. On December 28, 2008, Crosby received a $2 per share cash dividend from Nash. On June 17, 2009, Nash declares and distributes a 2 for 1 stock split. On August 4, 2009, Crosby purchased an additional 300 shares of Nash, Inc. Common stock for $4,200 plus a $300 commission. On November 22, 2009, Crosby sells 500 shares of Nash, Inc....
A U.S. investor purchased 100 shares of a foreign country's technology stock at the current market price in the foreign country's currency. Over the next year, the foreign technology stock appreciated 28% in the foreign currency, but the foreign country's rate of inflation was higher than the U.S.'s rate of inflation, causing the dollar to appreciate by 7.50% against the foreign currency. What is the U.S. investor's rate of return in dollars over this year? Enter your answer rounded to...
Entries for Treasury Stock On May 27, Mama Mia Inc. reacquired 4,800 shares of its common stock at $33 per share. On August 3, Mama Mia sold 2,900 of the reacquired shares at $36 per share. November 14, Mama Mia sold the remaining shares at $32 per share. Journalize the transactions of May 27, August 3, and November 14. For a compound transaction, if an amount box does not require an entry, leave it blank. May 27 - Aug. 3...