Suppose you received a total of $1,245 in dividends plus $16,430 in proceeds from selling 520 shares of Tesla Inc. that you had bought at $28.75 a share. What is your capital gains yield on this stock? Answer this financial accounting problem.

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A: Step 1: Introduction to accountingAccounting is defined as the process of recording business…

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A: Step 1: Detailed Explanation of Unit CostUnit Cost refers to the total cost incurred to produce one…

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A: Step 1: Define Price-Earnings (P/E) RatioThe P/E ratio is a measure of a company's current share…

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A: Step 1: Definitions Concept of Total Asset Turnover:Total asset turnover is a financial efficiency…

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A: Step 1: Definition of Owner's ContributionOwner's Contribution (Capital Introduced) is the amount of…

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A: Step 1: Define Number of Days' Sales in Accounts ReceivableThe number of days' sales in accounts…

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