Kim Has Investments in Stocks,and Wants to Calculate Her Total

question 54

Multiple Choice

Kim has investments in stocks,and wants to calculate her total return.What should she do?

• A) Divide the yearly dollar amount of dividend income by the investment's current market value.
• B) Compare the dividend against current yields from other investments.
• C) Subtract the cost of the stock from what she sold it for.
• D) Divide the current dividend payment plus capital gain by the original investment.
• E) Subtract current liabilities from current assets.

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Definitions:

Apparent Agency

A legal concept where a person appears to be, or is mistakenly believed to be, authorized to act as an agent for another party.

Agency by Estoppel

A principle by which a person or entity is prevented from denying the authority of another who has been allowed to act as their agent, despite not officially having been granted the role.

Equitable Agency

A principle where an agent has the authority to act on behalf of a principal, based on fairness and justice.

General Power of Attorney

A legal document granting someone authority to act on another person's behalf in a variety of matters.