Gwen purchased a stock one year ago for $25, and it is now worth $31. The stock paid a dividend of $1.50 during the year. What was the stock's rate of return income during the year?

A) 6%
B) 15%
C) 24%
D) 26%

Answer: A) 6%

Business

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Ready Tees, an online retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. The carrying cost is $0.10 per shirt per year

The order cost is $500 per order. What is the optimal order quantity for the t-shirt inventory (rounded to the nearest dollar)? A) 1,581 B) 8,333 C) 15,841 D) 31,623

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A discount broker executes trades but does not provide much advice

Indicate whether this statement is true or false.

Business