At the end of 2013,Crane Industries Inc.'s stock price was $30.75.A year later it was $34.88.Per share dividends over the year were $0.55,while earnings per share were $1.33.What was the percentage change in the share price in fiscal year 2014?
A) 1.79%
B) 4.33%
C) 13.43%
D) 15.22%
E) 17.76%

Question

Quizplus · Accepted Answer

The percentage change in the share price is calculated as ((Final Price - Initial Price) / Initial Price) * 100. So, ((34.88 - 30.75) / 30.75) * 100 = (4.13 / 30.75) * 100 = 13.43%.

At the End of 2013,Crane Industries Inc