Values of total annual return


An analyst prdicted last year that the stock of Logistics, INC., would offer a total return of at least 10% in the coming year.At the begining of the year, the firm had a stock market value of $10 million. At the end of the year, it had a market value of $12 million even though it experirnced a loss, or negative net income, of $2.5 million. Did the analyst's prdiction prove correct? Explain using the values of total annual return.

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Business Management: Values of total annual return
Reference No:- TGS091911

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