Tammy Jackson purchased 106 shares of All-American Manufacturing Company stock at $39.30 a share. One...
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Accounting
Tammy Jackson purchased 106 shares of All-American Manufacturing Company stock at $39.30 a share. One year later, she sold the stock for $45 a share. She paid her broker a $33 commission when she purchased the stock and a $48 commission when she sold it. During the 12 months she owned the stock, she received $162 in dividends. Calculate Tammys total return on this investment. (Round all intermediate calculations and final answer to the nearest whole number.)
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