Computing and Interpreting Economic Return from Investing Ratio N.M.S. Company held securities available for sale and reported the following information at the end of each year:
|
Year |
Dividend Revenue |
Ending Fair Value of Investments |
|
2011 |
$1,500 |
$64,000 |
|
2012 |
3,000 |
70,000 |
|
2013 |
4,200 |
82,000 |
|
2014 |
3,500 |
80,000 |
Compute the economic return from investing ratio for 2012, 2013, and 2014. What do the results suggest about N.M.S. Company?