Compute percentage total return

Assignment Help Financial Accounting
Reference no: EM131259481

Suppose a stock had an initial price of $58 per share, paid a dividend of $1.90 per share during the year, and had an ending share price of $68.

Compute the percentage total return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Total return %

Reference no: EM131259481

Questions Cloud

What are arithmetic and geometric returns for the stock : A stock has had returns of 10 percent, 28 percent, 15 percent, −16 percent, 28 percent, and −6 percent over the last six years. What are the arithmetic and geometric returns for the stock?
How many years until he can establish the foundation : Andrew Bogut just received a signing bonus of $1,000,000. His plan is to invest this payment in a fund that will earn 8%, compounded annually. (Use the tables below.) If Bogut plans to establish the AB Foundation once the fund grows to $1,999,000, ho..
Average returns and variances and standard deviations : Returns Year X Y 1 20 % 15 % 2 23 35 3 9 14 4 – 16 – 21 5 10 25 Using the returns shown above, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y.
What was your total nominal rate of return on investment : Suppose you bought a bond with an annual coupon rate of 7.2 percent one year ago for $945. The bond sells for $990 today. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? What was your total nomin..
Compute percentage total return : Suppose a stock had an initial price of $58 per share, paid a dividend of $1.90 per share during the year, and had an ending share price of $68. Compute the percentage total return.
Prepare the journal entry to record income tax expense : Prepare an Income Statement for Clever Foods for August 2016 in good form. Clever Foods pays taxes at the rate of 25% if it has income. If Clever Foods has a loss, there is no tax due. Prepare the journal entry to record income tax expense if Clever ..
Determine amount of taxable income-separately stated items : Determine the amount of taxable income and separately stated items in each case, assuming the corporation is a Subchapter S corporation. Book income of $64,000 including capital gains of $3,400, a charitable contribution of $1,200, and meals and ente..
Beginning with income from continuing operations before tax : For the year ending December 31, 2016, Micron Corporation had income from continuing operations before taxes of $1,310,000 before considering the following transactions and events. Prepare Micron’s income statement, beginning with income from continu..
What is estimated total selling and administrative expense : Morganton Company makes one product and it provided the following information to help prepare the master budget for its first four months of operations: What is the estimated cost of goods sold and gross margin for July, if the company always uses an..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute the amount of net gain or loss amortization

Compute the amount of the other comprehensive income (G/L) as of December 31, 2010. Compute the amount of net gain or loss amortization for 2010 (corridor approach). Compute pension expense for 2010.

  Cash basis taxpayer-owns two rental properties

David, a cash basis taxpayer, owns two rental properties. Based on the following information, compute the amount that he must include in his 2012 gross rental income.

  Impacted as result of this change in accounting principle

At the beginning of 2012, Lion Company decided to change from the average cost inventory cost flow assumption to the FIFO cost flow assumption for financial reporting purposes. What is the adjustment required to Retained Earnings at the beginning of ..

  Compute the variable overhead spending variance

Compute the following for the month of December: Variable overhead spending variance and Variable overhead efficiency variance.

  No credit refused

The "No Credit Refused" used car dealer offers the following automobile finance opportunity. Monthly payments on the loan are 4% of the original loan amount for 36 months. That is, a loan of $10,000 would have a monthly payment of 4% of $10,000 or $4..

  Analyze the budget variance by calculating the direct labor

Analyze the budget variance by calculating the direct labor efficiency and rate variances for June. What alternatives to the preceding monthly report could improve control over the stamping departments direct labor?

  Evaluate of an equation for electricity cost

Evaluate of an equation for electricity cost (Y) as a function of units produced (X) using the high-low method and using that equation, forecasting electricity cost at a specified volume units produced.

  Find how much you will have accumulated in the account

You have $2500 to invest today at 5% interest compounded annually. Find how much you will have accumulated in the account at the end of? 4 years , 8 years and 12 years. Compare and contrast your findings in part b.Explain how the amount of interest e..

  What are two main inventory methods used in process costing

What is the main factor for a company in choosing between the job order costing and process costing accounting systems? Give two likely applications of each system. What are the two main inventory methods used in process costing? What are the differe..

  Was the overhead for the year over applied or under applied

ABC Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its year 2016 operations: When the difference in overhead is closed out to cost of goods sold (COGS), will it increase COGS or de..

  Manufacturing environment are often sold with a warranty

Products in a manufacturing environment are often sold with a warranty—a promise to repair or replace a product that malfunctions during a designated period. In recent years, based on a competitive economy, many companies are extending this warranty ..

  Analyze weaknesses and financial strengths of the company

Analyzing the weaknesses and financial strengths of the company

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd