Use the Information for the Question(s)below

question 59

Multiple Choice

Use the information for the question(s) below.
Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share,200 shares of Lowes (LOW) at $30 per share,and 100 shares of Ball Corporation (BLL) at $40 per share.
-Suppose over the next year Ball has a return of 12.5%,Lowes has a return of 20%,and Abbott Labs has a return of -10%.The return on your portfolio over the year is:

• A)0%
• B)7.5%
• C)3.5%
• D)5.0%

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Definitions:

Direct Labor Cost

The total cost of all labor directly involved in the production of a product or service.