Use the Table for the Question(s)below

question 52

Multiple Choice

Use the table for the question(s) below.
Consider the following price and dividend data for General Electric Company:
-Assume that you purchased Ford Motor Company stock at the closing price on December 31,2008 and sold it at the closing price on December 30,2009.Your realized annual return for the year 2009 is closest to:

• A)-45.1%.
• B)-44.5%.
• C)-48.5%.
• D)-47.3%.

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Definitions:

Payroll Accounting

The process of recording and managing all financial transactions related to a company's payment of salaries, wages, and other compensations to employees.

Employee Morale

The general perspective, mood, contentment, and self-assurance that staff experience in the workplace.

Cash Flow Problems

Financial difficulties faced by a business due to inadequate cash to cover its obligations.

Federal Income Taxes

Charges imposed by the United States federal government on the yearly income of people, businesses, trusts, and various legal bodies.