1. Bravo Manufacturing Company began operations on January 1, 2016. Depreciation for the year amounted to $200,000: 30% relates to sales, 20% relates to administrative facilities, and 50% to the factory. Of the total units produced during FY 2016: 75% were sold in 2016 & 25% were in the finished good inventory. Use this information to determine the dollar amount of the total depreciation that will be in the: (Round dollar values & enter as whole dollars only.)
1. FY 2016 Product Costs
2. FY 2016 Period Costs
3. FY 2016 Cost of Goods Sold
4. FY 2016 Balance Sheet
2. Last year, Sue purchased a closed-end mutual fund that was trading at $42 and had an NAV of $38. Sue sold the fund today when the NAV is $44 and the market price is $43. The fund paid $1 in dividends over the past year. What is the Sue's holding period return?
A) 4.8%
B) 7.1%
C) 11.6%
D) 18.4%