The S&P TSX Composite Index Delivered Annual Returns of 10

question 52

Multiple Choice

The S&P TSX Composite index delivered annual returns of 10.55%,-8.32%,21.08% and 9.10% from 2014 to 2017.What was the average compound annual return per year?

• A)7.5%
• B)6.3%
• C)7.6%
• D)7.0%
• E)6.6%

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Definitions:

Profit and Loss Statements

A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time, typically a fiscal quarter or year.

Business Units

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Shared Service Units

Divisions within a company that provide services to multiple departments, improving efficiency and reducing costs.

Cost Centre

A segment of an organization where costs can be accumulated, but which does not directly generate revenue.