From the ledger balances given below, prepare a trial balance for the metlock, inc. at june 30, 2019. all account balances are normal.
accounts payable $8,700, cash $6,400, common stock $21,200, dividends $2,500, equipment $16,500, service revenue $7,700, accounts receivable $4,700, salaries and wages expense $4,800, and rent expense $2,700.

An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to: