Investment Return TechNo Stock Was $25 Per Share at the End

question 90

Multiple Choice

Investment Return TechNo stock was $25 per share at the end of last year. Since then, it paid a $1.50 per share dividend last year. The stock price is currently $23. If you owned 300 shares of TechNo, what was your percent return?

• A) -2%
• B) -8%
• C) 6%
• D) 6.5%

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Definitions:

Fixed Cost

The costs that remain constant in total regardless of changes in the level of activity within a relevant range.

Budgeted Cash Disbursements

A projection or forecast of cash payments that a business expects to make over a specific period.

Cash Budget

A financial plan that projects cash inflows and outflows over a specific period, helping manage liquidity and ensure financial stability.

Expense Budget

A forecast of a company's expected operating expenses for a specific period.