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

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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