On january 1 lisa buys 10 shares in pebble inc at a cost of


Question - On January 1, Lisa buys 10 shares in Pebble Inc. at a cost of $20 per share. During the year, Lisa receives a dividend cheque of $30, and at December 31, Pebble Inc.'s shares are trading at $24 per share. What is Lisa's return on investment this year?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: On january 1 lisa buys 10 shares in pebble inc at a cost of
Reference No:- TGS02660886

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)