1- Six months ago, you purchased 1,200 shares of ABC stock for $21.20 a share and have received total dividend payments of $.60 a share. Today, you sold all of your shares for $22.20 a share. What is your total dollar return on this investment?

$3,840

$1,440

$720

$1,200

$1,920

2- You bought 600 shares of stock at $24.20 each. At the end of the year, you received a total of $720 in dividends, and your stock was worth a total of $15,678. What was your total dollar capital gain and total dollar return?

$1,878; $2,598

$2,598; $1,878

$1,158; $1,878

$1,158; $2,598

$1,878; $1,158

3- On a balance sheet, deferred taxes are classified as:

stockholders equity.

a current asset.

a long-term liability.

a current liability.

a fixed asset.

4-Which one of these accounts is classified as a current asset on the balance sheet?

preferred stock

accounts payable

inventory

intangible asset

net plant and equipment

5 Which one of these equations is an accurate expression of the balance sheet?

Stockholders equity Assets Liabilities

Assets Liabilities Stockholders equity

Assets Stockholders equity Liabilities

Stockholders equity Assets + Liabilities

Liabilities Stockholders equity Assets