FIN 571 TUTOR Imagine Your Future /fin571tutor.com FIN 571 TUTOR Imagine Your Future /fin571tutor.co | Page 2

8. You bought 360 shares of stock at a total cost of $7,754.40. You received a total of $403.20 in dividends and sold your shares for $19.98 a share. What was your total rate of return? 9. A year ago, you purchased 500 shares of New Tech stock at a price of $49.03 per share. The stock pays an annual dividend of $.10 per share. Today, you sold all of your shares for $58.14 per share. What is your total dollar return on this investment? 10.The financial statement summarizing a firm's accounting performance over a period of time is the: 11.Which one of these accounts is classified as a current asset on the balance sheet? 12.Net working capital is defined as: 13.Which one of these equations is an accurate expression of the balance sheet? 14. The Purple Martin has annual sales of $4,900, total debt of $1,280, total equity of $2,300, and a profit margin of 5 percent. What is the return on assets? Galaxy United, Inc. 2009 Income Statement What is the return on equity for 2009?