Question: cap was ( $ 1 2 ) million even though it experienced a loss, or negative net income, of (
cap was $ million even though it experienced a loss, or negative net income, of $ million. Logistics paid no dividends during the year. Was the analyst's prediction correct? Explain.
The total rate of return for the firm is qquad Round to two decimal places.
Did the analyst's prediction prove correct? Select the best answer below.
A No the analyst's prediction is incorrect because the firm had a lower total rate of return than the one the analyst predicted.
B Yes, the analyst's prediction is correct because the firm's total rate of return is even higher than the predicted one regardless of the negative net income.
C No the analyst's prediction is incorrect because the firm had a negative net income even though its total rate of return is higher the predicted one.
D Yes, the analyst's prediction is correct because the firm's negative net income was fully recovered by the positive annual rate of return.
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