A stock had an initial price of $80 per share, paid a dividend of $1.80 per share during the year, and had an ending share price of $94. Compute the percentage of total return.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
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Compute the percentage of total return on these financial accounting question

A stock had an initial price of $80 per share, paid a
dividend of $1.80 per share during the year, and had
an ending share price of $94. Compute the
percentage of total return.
Transcribed Image Text:A stock had an initial price of $80 per share, paid a dividend of $1.80 per share during the year, and had an ending share price of $94. Compute the percentage of total return.
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