# 21. you purchase 100 shares of ravioli den for \$45 per share. one year later, you sell the shares for \$52 per share. during the one-year period you held the stock, you received \$2 per share in dividends. what was the percentage return on your investment in ravioli den? a. +7% b. +9% c +16% d. +20% The correct answer was given: jmullins3611

100 shares at \$45each cost 100*45 = \$4500

after a year, he sold the share at the rate if \$52 each and it cost 52*100 = 5200

he received dividend of \$2 on each dollars meaning 100*2 = \$200

so,

\$5200+200 = 5400

profit = \$5400 – 4500 = 900

%profit = 900*100 / 4500 = 20 The correct answer was given: Brain
I believe it is 60-10=x because it says she purchased it with 60\$ but recieved 10\$ in change causing the amount we dont know to be a variable such as “x” The correct answer was given: Brain

its 60-10+x why, because she bought the dress with \$60 and she received \$10 dollars back. We don’t know the variable.

Step-by-step explanation: