FedEx Corp Stock Ended the Previous Year at $113

question 83

Multiple Choice

FedEx Corp stock ended the previous year at $113.39 per share. It paid a $0.40 per share dividend last year. It ended last year at $126.69. If you owned 300 shares of FedEx, what was your dollar return and percent return?

• A) $3,990; 11.73%
• B) $4,110; 12.08%
• C) $4,250; 12.29%
• D) $2,009; 9.13%

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Definitions:

Noncontrolling Interest

A share of equity in a subsidiary not held by the parent company, reflecting the interest of minority shareholders.

Initial Value Method

An accounting approach where investments are recorded at their acquisition cost, without subsequent adjustments for market fluctuations.

Noncontrolling Interest

The portion of equity in a subsidiary not owned by the parent company, reflecting the interest of minor shareholders.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses.