Total dollar return on investment, Accounting Basics

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Total dollar return on investment

Problem:

Six months ago, you purchased 2,900 shares of ABC stock for $32.58 a share. You have received dividend payments equal to $0.70 a share. Today, you sold all of your shares for $35.26 a share.

Required:

Question: What is your total dollar return on this investment?

$2,030
$9,802
$7,772
$11,103
$19,604

Note: Please provide reasons to support your answer.

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Accounting Basics: Total dollar return on investment

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Accounting Basics: Total dollar return on investment

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Accounting Basics: Total dollar return on investment

Reference No:- TGS0892417

Recent Questions Asked Accounting Basics

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