N.M.S.?Company?held available-for-sale securities and?reported?the?following information?at the endof?each year: Compute?the?economic?return?from?investing?ratio for?2018,?2019,?and?2020. What do the resultssuggest?about?N.M.S. Company? Dividend Revenue

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N.M.S.?Company?held available-for-sale securities and?reported?the?following information?at the endof?each year:

Compute?the?economic?return?from?investing?ratio for?2018,?2019,?and?2020. What do the resultssuggest?about?N.M.S. Company?

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Financial Accounting

ISBN: 978-1259105692

6th Canadian edition

Authors: Robert Libby, Patricia Libby, Daniel G Short, George Kanaan, Maureen Sterling

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Question Posted: Dec 04, 2019 12:25 PM

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N.M.S.?Company?held available-for-sale securities and?reported?the?following information?at the endof?each year: Compute?the?economic?return?from?investing?ratio for?2018,?2019,?and?2020. What do the resultssuggest?about?N.M.S. Company? Dividend Revenue

Question:

Dividend Revenue Ending Fair Value of Investments Year 2017 $1,500 $64,000 3,000 70,000 2018 2019 4,200 82,000 2020 3,500 80,000

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2018 2019 2020 Dividends Change in Fair Value 3000 6000 4200 120...View the full answer

Financial Accounting

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