Kukenberger, Inc., reported the following in its portfolio of securities available for sale: Required: 1. Determine the
Question:
Kukenberger, Inc., reported the following in its portfolio of securities available for sale:
Required:
1. Determine the economic return from investing ratio for the years 2011, 2012, and 2013.
2. What do your results suggest about Kukenberger's investmentportfolio?
Transcribed Image Text:
Ending Fair Value of Investment Portfolio Dividends Received $24,550 23,906 24,399 Year 2010 2011 2012 $836,451 759,999 806,345 2013 25,538 845,160
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