Suppose You Bought a $58 Share a Month Ago

question 2

Multiple Choice

Suppose you bought a $58 share a month ago. It paid a dividend of $0.50 today and then you sold it for $62. What was your return on the investment?

• A)7.80%
• B)7.76%
• C)7.98%
• D)7.01%

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Definitions:

Consolidation Reporting

The financial reporting process that aggregates the results of multiple entities within a single set of statements, reflective of a group as a single economic entity.

Noncontrolling Interest

An ownership interest in a corporation where the stake does not offer majority voting rights, and the interest lies in the shares of subsidiaries not wholly owned by the parent.

Intra-entity Asset Transfers

Transactions involving the transfer of assets between divisions or units within the same entity.

Consolidated Sales

The total sales generated by a parent company and its subsidiaries, reported as one aggregated figure.