You bought a painting 10 years ago as an investment. You originally paid $85,000 for it. If you sold it for $484,050, what was your annual return on investment?
A) 47%
B) 4.7%
C) 19%
D) 12.8%
Answer: C
Business
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a. exception routine b. summary report c. corrective routine d. normal routine
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The term applied to the amount of cost to transfer to expense resulting from a decline in the utility of intangible assets is
A) amortization B) depletion C) depreciation D) allocation
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An employee's take home pay is equal to gross pay less all voluntary deductions
Indicate whether the statement is true or false
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_______________ contend with us for the available talent in a particular field.
A. Universities B. Allies C. Current employees D. Competitors E. Governments
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