Suppose You Invest in 100 Shares of NAB at $40

question 83

Multiple Choice

Suppose you invest in 100 shares of NAB at $40 per share and 100 shares of WES at $25 per share. If the price of NAB increases to $45 and the price of WES decreases to $22 per share, what is the return on your portfolio?

• A) 3.08%
• B) 9.45%
• C) 5.39%
• D) 4.12%

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Definitions:

Total Assets

The sum of all current and non-current assets owned by a business, indicating its total resources.

Cost Per Unit

The total expense incurred in manufacturing or acquiring a product divided by the number of units.

Purchased

Acquired in exchange for money or its equivalent; obtaining ownership of a good or service.

Days' Sales

A financial ratio that measures the average time it takes a company to convert its inventory into sales.