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The fates of return on Cherry Jalopies, Incorporated, stock over the last five years were...

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Accounting

The fates of return on Cherry Jalopies, Incorporated, stock over the last five years were 16 percent, 11 percent, -2 percent, 5 percent, and 12 percent. Over the same period, the returns on Straw Construction Company's stock were 16 percent, 13 percent, -2 percent, 5 percent, and 15 percent. What was the arithmetic average return on each stock over this period?\ Note: Enter your answers as a percent rounded to 1 decimal place.\ \\\\table[[Cherry average retum,

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The rates of return on Cherry Jaloples, Incorporated, stock over the last five years were 16 percent, 11 percent, -2 percent, 5 percent, and 12 percent, Over the same perlod, the returns on Straw Construction Company's stock were 16 percent, 13 percent, -2 percent, 5 percent, and 15 percent. What was the arithmetic average return on each stock over this period? Note: Enter your answers as a percent rounded to 1 decimal place

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