At the beginning of the month, you owned $7,000 of News Corporation, $5,000 of First Data, and $8,000 of Whirlpool. The monthly returns for News Corporation, First Data, and Whirlpool were 8.70 percent, -2.66 percent, and 10.83 percent. What's your portfolio return? A 1 2 Value 3 Return B New Corporation $ 7,000 8.70% Portfolio return First Data $5,000 -2.66% Whirlpool $8,000 10.83 % Note: Do not round intermediate calculations and round your final answer to 2 decimal places. D %
At the beginning of the month, you owned $7,000 of News Corporation, $5,000 of First Data, and $8,000 of Whirlpool. The monthly returns for News Corporation, First Data, and Whirlpool were 8.70 percent, -2.66 percent, and 10.83 percent. What's your portfolio return? A 1 2 Value 3 Return B New Corporation $ 7,000 8.70% Portfolio return First Data $5,000 -2.66% Whirlpool $8,000 10.83 % Note: Do not round intermediate calculations and round your final answer to 2 decimal places. D %
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.2MBA
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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