Jameson Corporation was organized on May 1. The following events occurred during the first month. a. Received $68,000 cash from the five investors who organized Jameson Corporation. Each investor received 109 shares of $10 par value common stock.
b. Ordered store fixtures costing $15,000. Borrowed $18,000 cash and signed a note due in two years.
c. Purchased $19,000 of equipment, paying $1,100 in cash and signing a six-month note for the balance.
d. Lent $1,600 to an employee who signed a note to repay the loan in three months.
e. Received and paid for the store fixtures ordered in (b).

Required:
Prepare journal entries for each transaction.

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: