Atlas Tech Inc. stock is purchased in 100 shares at $185 per share. Three months later, the stock is sold for $225 per share. During the holding period, a dividend of $1.25 per share is received. What is the total dollar return?

Atlas Tech Inc. stock is purchased in 100 shares at $185 per share. Three months later, the stock is sold for $225 per share. During the holding period, a dividend of $1.25 per share is received. What is the total dollar return?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Question

What is the total dollar return on these accounting question?

Atlas Tech Inc. stock is purchased in 100
shares at $185 per share. Three months later,
the stock is sold for $225 per share. During
the holding period, a dividend of $1.25 per
share is received. What is the total dollar
return?

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