N.M.S. Company held securities available for sale and reported the following information at the end of each
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Compute the economic return from investing ratio for 2012, 2013, and 2014. What do the results suggest about N.M.S.Company?
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Ending Fair Value Dividend Revenue of Investments Year 2011 2012 2013 2014 $1,500 3,000 4,200 3,500 $64,000 70,000 82,000 80,000
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2012 2013 2014 Dividends Change in Fair Value 3000 6000 4200 12000 ...View the full answer
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