Jack Had an Investment Return of -24

question 9

Multiple Choice

Jack had an investment return of -24.0% on a share that he bought for $100 one year ago.For how much did Jack sell the share assuming he received a dividend of $1.75 during the year?

• A)$72.75
• B)$74.25
• C)$76.00
• D)$77.75

---

Definitions:

Failing to Control Quality

A detrimental situation where an organization does not manage or uphold the standard of its products or services.

Prevention Costs

Costs incurred to prevent faults or errors in products or services, typically including quality control and training expenses.

External Failure Costs

The costs incurred after defective units or services have been delivered to consumers.

Quantify Costs

The process of determining, measuring, and expressing the costs of goods or services in numerical terms.