The table below 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. CompanySharesBeginning of Year PriceDividend Per ShareEnd of Year PriceJohnson Controls 750 $74.91 $1.57 $86.92 Medtronic 650 59.57 0.81 55.51 Direct TV 900 26.94 26.39 Qualcomm 600 45.08 0.59 40.92 What is your portfolio dollar return and percentage return? (Round your answers to 2 decimal places.) Portfolio ReturnDollar return Percentage return %

Calculation of Dollar Return and Percentage Return of Portfolio:The dollar return $5,435.50 and…

Answered: The table below shows your stock…

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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The table below 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	Shares	Beginning of Year Price	Dividend Per Share	End of Year Price
Johnson Controls		750		$	74.91	$	1.57	$	86.92
Medtronic		650			59.57		0.81		55.51
Direct TV		900			26.94				26.39
Qualcomm		600			45.08		0.59		40.92

What is your portfolio dollar return and percentage return? (Round your answers to 2 decimal places.)

Portfolio Return
Dollar return
Percentage return		%

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