You purchased a Sausage Brewing Co. share at $50.75 at the beginning of the year. The company paid a $3.25 dividend during the year, and at year-end, the share price was $64.80. What is the capital gain on this investment?

You purchased a Sausage Brewing Co. share at $50.75 at the beginning of the year. The company paid a $3.25 dividend during the year, and at year-end, the share price was $64.80. What is the capital gain on this investment?

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 63P: Mike Sanders is considering the purchase of Kepler Company, a firm specializing in the manufacture...

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Question

What is the capital gain on this investment for this financial accounting question?

You purchased a Sausage Brewing Co. share at $50.75 at the beginning of the
year. The company paid a $3.25 dividend during the year, and at year-end, the
share price was $64.80.
What is the capital gain on this investment?

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