John Technologies Inc. had a stock with an initial price of $75 per share, paid a dividend of $2.50 per share during the year, and had an ending share price of $91. Compute the percentage of total return. A) 24.67% B) 26.33% C) 30.45%
John Technologies Inc. had a stock with an initial price of $75 per share, paid a dividend of $2.50 per share during the year, and had an ending share price of $91. Compute the percentage of total return. A) 24.67% B) 26.33% C) 30.45%
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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Compute the percentage of total return for this financial accounting question
![John Technologies Inc. had a stock with an initial price of $75 per
share, paid a dividend of $2.50 per share during the year, and had an
ending share price of $91.
Compute the percentage of total return.
A) 24.67%
B) 26.33%
C) 30.45%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff72d4234-113f-48f1-98ed-3226cbc7c0c7%2F5605fd90-8fdc-4185-95f6-1d37d6b4ca55%2Fbh9ksw7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:John Technologies Inc. had a stock with an initial price of $75 per
share, paid a dividend of $2.50 per share during the year, and had an
ending share price of $91.
Compute the percentage of total return.
A) 24.67%
B) 26.33%
C) 30.45%
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