Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. compute the total and annual return on the followi

Compute the total and annual return on the following investment.Five years after paying $3000 for...

90.2K

Verified Solution

Question

Accounting

Compute the total and annual return on the following investment.Five years after paying

$3000 for shares in a startup company, you sell the shares for $2000 (at a loss).

The total return is _%.?

(Do not round until the final answer. Then round to the nearest tenth as needed.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

7 Find the number of cm3 in 2 0 2 54 cm 1 00 in...

Calculus
Q

Faced with headquarters’ desire to add a new product line, Stefan Grenier, manager of Bilti Products’...

Accounting
Q

A some association On-Line Discount Broker Survey polls members on their experiences with discount brokers. As...

Statistics
Q

what can be said about drive

Psychology
Q

The link below gives the Hasse diagram for a poset with partial ordering Click this...

Basic Math
Q

Let ? = arctan(?3), thenA) ? = ?/3 and tan ? = ?3B) ? =...

Basic Math
Q

2 Given the following function x 8x 16 a Factor completely b What are the...

Algebra
Q

Phoenix Company's 2019 master budget included the following fixed budget report. It is...

Accounting
Q

LeBron James (LBJ) Corporation agrees on January 1,...

Accounting
Q

Java Jam purchased a coffee drink machine on January 1, 2024. for $33,500. Expected useful...

Accounting
Q

Determine the missing amounts in each of the following independent cases. (Enter all answers as...

Accounting
Q

Set out below are the variances for the month of June 2020 for Kisoro Division...

Accounting