Little John Industries' stock sold for $2.30 on January 1 and ended the year at a price of $3.60. In addition, the stock paid dividends of $0.20 per share. Calculate Little John's dividend yield, capital gains yield, and total rate of return for the year.

Little John Industries' stock sold for $2.30 on January 1 and ended the year at a price of $3.60. In addition, the stock paid dividends of $0.20 per share. Calculate Little John's dividend yield, capital gains yield, and total rate of return for the year.

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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I need this question answer general Accounting

Little John Industries' stock sold for $2.30 on January 1 and
ended the year at a price of $3.60. In addition, the stock
paid dividends of $0.20 per share. Calculate Little John's
dividend yield, capital gains yield, and total rate of return
for the year.

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