Please show the calculation, if using Excel, please show the formulas. Practice Question: What is...
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Accounting
Please show the calculation, if using Excel, please show the formulas.
Practice Question:
What is your annual return in dollars for this investment: owned 100 shares at $25/share on January 1, owned 115 shares at $26.50 on December 31 and received annual dividends of $110?
* Would you use the fomula: R = (End Price Beg Price / Beg Price) + (Income / Beg Price), the use the answer to to calculate the dollar figure ?
Alternate methods are OK, I have not done an example like this.
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