The following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year. Company Johnson Controls Medtronic Beginning of Year Dividend Per Shares Price Share 500 $ 73.41 $ 1.27 700 58.07 .51 900 25.44 500 43.58 .44 Direct TV Qualcomm What is your portfolio dollar return and percentage return? Note: Round your answers to 2 decimal places. Portfolio Return Dollar return Percentage return % End of Year Price $ 86.17 54.01 24.89 39.42
The following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year. Company Johnson Controls Medtronic Beginning of Year Dividend Per Shares Price Share 500 $ 73.41 $ 1.27 700 58.07 .51 900 25.44 500 43.58 .44 Direct TV Qualcomm What is your portfolio dollar return and percentage return? Note: Round your answers to 2 decimal places. Portfolio Return Dollar return Percentage return % End of Year Price $ 86.17 54.01 24.89 39.42
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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Transcribed Image Text:The following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the
stock prices at the end of the year.
Company
Johnson Controls
Medtronic
Direct TV
Qualcomm
Beginning of Year
Shares
Price
Dividend Per
Share
500
$ 73.41
$ 1.27
700
58.07
.51
900
25.44
500
43.58
.44
What is your portfolio dollar return and percentage return?
Note: Round your answers to 2 decimal places.
Dollar return
Portfolio Return
Percentage return
%
End of Year
Price
$ 86.17
54.01
24.89
39.42
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