You Bought 100 Shares of Stock at $20 Each

question 61

Multiple Choice

You bought 100 shares of stock at $20 each. At the end of the year,you received a total of $400 in dividends,and your stock was worth $2,500 total. What was your total return?

• A) 20%
• B) 45%
• C) 50%
• D) 90%
• E) None of these.

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Definitions:

Time-Driven Activity-Based Costing

A costing method that assigns costs to products based on the actual time resources are used in the production, improving accuracy in cost allocation.

Customer Service Department

A division of a company responsible for handling interactions and inquiries from customers.

Capacity Analysis

An assessment process to determine the maximum level of output or production that a facility can sustain with the existing resources.

Time-Driven Activity-Based Costing

A refinement of activity-based costing that uses time as the main cost driver to allocate costs to products or services.