Dane purchased 3,000 shares of a mutual fund at an offer price of $6.03 per share. Later, he sold the investment for $3.64 per share. During the time Dane owned the shares, the fund paid a dividend of $0.52 per share. What was his return on investment? (Round to nearest tenth percent)

A) ?31.0%
B) ?37.1%
C) +44.3%
D) +41.2%


A

Business

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Indicate whether the statement is true or false

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If an asset is sold at a gain, why is the gain deducted from net income when computing the net cash flows from operating activities under the indirect method?

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Use the information in Table 10.1. If anticipation inventory were 30 units at the start of the first month, what would the backorder cost be in the fourth month?

A) $840 B) $740 C) $640 D) $540

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