What Would Be the Return on 200 Shares of Stock

question 67

Short Answer

What would be the return on 200 shares of stock purchased on January 1,2005 for $60 per share and sold on December 31,2005 at $80 per share? Also assume that the company paid dividends of $2 per share over the year.The prices include all brokerage fees.Round to the nearest whole percent.
(a)37%
(b)25%
(c)33%
(d)40%

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Definitions:

Costing System

A method used by businesses to determine the cost associated with producing a product or offering a service, taking into account factors like materials, labor, and overhead.

Job Cost Sheet

A document used to record the costs associated with a specific job or project, tracking materials, labor, and overhead.

Unit Cost

The cost incurred to produce, store, or acquire one unit of a product or service.

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including material and labor expenses.