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What would be total comprehensive income as of the year end

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Question 1: Suppose that, as a fund manager, you purchase 5.000 shares of Company X on 1 Jan. 2019 for 10 TL each in order to keep and earn dividends. Simultaneously, you also purchase 4.000 shares of Company Y for 7,5 TL each for trading purposes. The share price of Company X increases to 12 TL first, but after some days it drops to 11,2 TL and you immediately sell 3.000 shares. On the other hand, the share price of Company Y drops to 7 TL first, but after some days it increases to 7,6 TL and you immediately sell 2.500 shares. Assuming that there are no more price movements throughout the year, what would be the total comprehensive income as of the year end? (Note that, funds make valuation on a daily basis)

a) 6.400 TL

b) 7.100 TL

c) 2.400 TL

d) 4.000 TL

e) Other:

Reference no: EM132861344

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