Scott Purchased 200 Shares of Frozen Foods Stock for $48

question 31

Multiple Choice

Scott purchased 200 shares of Frozen Foods stock for $48 a share. Four months later, he received a dividend of $0.22 a share and also sold the shares for $42 each. What was his annualized rate of return on this investment?

• A) -44.69 percent
• B) -40.14 percent
• C) -33.00 percent
• D) -32.90 percent
• E) -28.07 percent

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Definitions:

Sales Force Automation

The use of software to automate business tasks of sales, including order processing, contact management, inventory monitoring, and customer management.

Distribution Management

The process of overseeing the movement of goods from supplier or manufacturer to point of sale.

Sales Force Automation System

A system used to automate various sales and sales management functions, such as order processing, contact management, inventory monitoring, and sales forecast analysis.

Geographic Information System

A computer system used for capturing, storing, checking, and displaying data related to positions on Earth’s surface, facilitating the evaluation of geographical relationships and patterns.