Question

what is meant by first return and annual returns​

Answer 1

Answer:

First Return:-A return, also known as a financial return, in its simplest terms, is the money made or lost on an investment over some period of time.

Annual Returns:- The annual return is the return that an investment provides over a period of time, expressed as a time-weighted annual percentage. Sources of returns can include dividends, returns of capital and capital appreciation.

Answer 2

Answer:

Explanation:

First return refers to a tax return for the first year of tax, including a timely amended return for that year. The phrase "first return" means a return for the first year in which the taxpayer exercises the privilege of fixing its capital stock value for tax purposes.

The Annual return is the return an investment provides over a period of time. The annual return is expressed as a time-weighted annual percentage. Here, the sources of returns can include returns of capital & capital appreciation and dividends.If the annual return is expressed as annual percentage rate, then the annual rate will usually not take into account the effect of compounding interest.

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