In order to earn $75 per month, the amount one would have to invest at 5% would be:

A: $6,000;
B: $12,000;
C: $18,000;
D: $24,000.

Answer: C: $18,000;

Business

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The net income for the year ended was $300,000 . Common stockholders' equity at the beginning of the year was $1,400,000 and $1,600,000 at the end of the year. The return on common stockholders' equity would be

a. 18.75%. b. 20.00%. c. 21.43%. d. 87.50%.

Business

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. One should look for companies with steadily [increasing | decreasing] book value per share.

Business