1. At the end of the most recent year, Ward Technologies had net income of $2,310. Ward’s cost of goods sold was $4,100 and depreciation expense was $1,400. In addition, the firm had $1,400 in interest expense. The tax rate was 34%. Calculate Ward’s sales (i.e., revenue).
2. A stock had an initial price of $61.00 per share, paid a dividend of $1.70 per share during the year, and had an ending share price of $65.00. Compute the percentage total return.
3. Over the past five years, the returns to Green Country Energy stock has been: 14 percent, –7 percent, 17 percent, 15 percent, and 10 percent. What is the geometric average?