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Use the Following Financials for the Next Question -The Enhanced TRS from Performance Is Closest To:
A)-4

Question 19

Multiple Choice

Use the following financials for the next question.
 $ mi llion  Base Year  1 year L ater  Invested  capital $100$104 Earnings 89 P/E 1212.6 Dividends 44.1 Equity Value 96113.4\begin{array} { | l | r | r | } \hline \text { \$ mi llion } & \text { Base Year } & \text { 1 year L ater } \\\hline \begin{array} { l } \text { Invested } \\\text { capital }\end{array} & \$ 100 & \$ 104 \\\hline \text { Earnings } & 8 & 9 \\\hline \text { P/E } & 12 & 12.6 \\\hline \text { Dividends } & 4 & 4.1 \\\hline \text { Equity Value } & 96 & 113.4 \\\hline\end{array}
-The enhanced TRS from performance is closest to:


A) -4.4 percent.
B) 3.1 percent.
C) 4.4 percent.
D) 8.4 percent.

Correct Answer:

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