Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 09, 2024

You bought 100 shares at $20 each. At the end of the year, you received a total of $460 in dividends, and your stock was

You bought 100 shares at $20 each. At the end of the year, you received a total of $460 in dividends, and your stock was worth $2560 total. What was your total return?

51percent

90percent

76percent

71percent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Financial Management

Authors: Eugene F. Brigham, Joel F. Houston

15th edition

1337671002, 978-1337395250

More Books

Students also viewed these Finance questions

Question

★★★★★

What is its total corporate value?

Answered: 1 week ago

Question

★★★★★

Why do you think we included a discussion of ethics in preparing visuals? Can you illustrate how a visual could present data in an unethical fashion?

Answered: 1 week ago

Question

★★★★★

3. Research suggests that a majority of students cheat at some point in their academic careers. Which one of the following is not a recommendation to reduce cheating in the classroom? A. Clear...

Answered: 1 week ago

Question

★★★★★

Peach Computer Corporation is the largest personal computer company in the world. The CEO of Peach is retiring, and the board of directors is considering external candidates to fill the position. The...

Answered: 1 week ago

Question

★★★★★

Are dividends and capital gains considered to be investment income for purposes of determining the amount of a taxpayers deductible investment interest expense for the year?

Answered: 1 week ago

Question

★★★★★

When a business performs services for a customer who will pay later, which of the following of the business' accounts are increased? Select one: a. Unearned Revenue b. None of the choices c. Accounts...

Answered: 1 week ago

Question

★★★★★

Each of the following secondary authorities specifically discusses an intoxicated party's ability to form a contract. Retrieve and review each source by typing or copying the citation into the search...

Answered: 1 week ago

Question

★★★★★

On July 1, 20x0, Ran County issued realty tax assessments for its fiscal year ended June 30, 20x1. On September 1, 20x0, Day Co. purchased a warehouse in Ran County. The purchase price was reduced by...

Answered: 1 week ago

Question

★★★★★

Why is Disneys ROE lower than Netflixs in 2019? Should Antonia Crowley be concerned? Explain why she should or should not be concerned?

Answered: 1 week ago

Question

★★★★★

Solve 14 (solve significant digits and proper units) 14. Mr. Richmond is attempting a death defying stunt by firing himself out of a cannon. The cannon will launch Mr. Richmond with a speed of...

Answered: 1 week ago

Question

★★★★★

Dr. McGinnis was involved in the Clean Lakes Study at Lake Allatoona, Georgia, and facilitated the creation of a collaborative network of federal, state, regional, and local agencies and...

Answered: 1 week ago

Question

★★★★★

please Solve Evaluate the surface integral (rityj) . n ds , where S is that part of the sphere x2 + y + 22 - 6 inside the paraboloid z = x- + y in the first octant

Answered: 1 week ago

Question

★★★★★

What are the pros and cons of a minority set-aside plan like Richmond's? Wiii it have good consequences? Does it infringe on anyone's rights? What conflicting moral principles, ideals, and values are...

Answered: 1 week ago

Question

★★★★★

In yaur view, how pervasive Is job discrimination these days? Have you ' anyone you've known expenenced some form of II?

Answered: 1 week ago

Question

★★★★★

Oo yoo believe that there was sufficient evidence of racial discrimination to Justify the cily's plan? Who Is right about this-Justice O'Connor or Justice Marshall?

Answered: 1 week ago

Previous Question Next Question