Debbie buys 400 shares of stock for $23 per share, and pays a 1% commission. She sells
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Cost 400 23 001 23 400 9200 92 9292 Sale proc...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Question Posted:
Students also viewed these Linear Algebra questions
-
Laura bought 55 shares of stock for $3.50 per share last year. She paid her broker a 1% commission. She sold the stock this week for $2 per share, and paid her broker a $10 flat fee. a. What were...
-
Lenny bought x shares of stock for $y per share last month. He paid his broker a flat fee of $20. He sold the stock this month for $p per share, and paid his broker a 2% commission. Express Lenny's...
-
Taylor bought 200 shares of stock for $18.12 per share last year. He paid his broker a flat fee of $30. He sold the stock this morning for $21 per share, and paid his broker 0.5% commission. a. What...
-
Explain how the demand for health insurance is related to the demand for health care. Would the demand for health care then depend also on whether the person paid for the insurance or alternatively...
-
Chilczuk, S.A., of Gdansk, Poland, is a major producer of classic Polish sausage. The company uses a standard cost system to help control costs. Manufacturing overhead is applied to production on the...
-
A coffee shop serves an average of 75 customers per hour during the morning rush. (a) Which distribution have we studied that is most appropriate for calculating the probability of a given number of...
-
7. What is a joint venture and how are joint ventures organized?
-
The following data were extracted from the accounting records of Wedgeforth Company for the year ended November 30, 2010: Merchandise inventory, December 1, 2009 $ 210,000 Merchandise inventory,...
-
Metallica Bearings inc. is a young start-up company. No dividends will be paid on the stock over the next 9 years, because the firm needs to plow back in earnings to fuel growh. The company will pay...
-
1. Consider NIPs services in light of the CAGE framework and analyse how they may help reduce distance. 2. What might be the drawbacks in being located in an industrial park?
-
Ron bought x dollars worth of stock and paid a y percent commission. Dave purchased p dollars worth of stock and paid a q percent commission, where x > p. Pick numbers for x, y, p, and q such that...
-
Sal bought x shares of a stock that sold for $23.50 per share. He paid a 1% commission on the sale. The total cost of his investment, including the broker fee, was $3,560.25. How many shares did Sal...
-
Decision Case 23-1 Movies Galore distributes DVDs to movie retailers, including dot.coms. Movies Galores top management meets monthly to evaluate the companys performance. Controller Allen Walsh...
-
On July 1, 2021, P Company borrowed P160,000 to purchase 80 percent of the outstanding common stock of S Company. This loan, carrying a 10 percent annual rate, is payable in 8 annual installments...
-
Case Analysis Strategic leaders, being at the highest level of an organization, are responsible for charting its path to success. They visualize an ideal picture of their enterprise in a futuristic...
-
3 Refrigerant-134a enters a adiabatic compressor at 100 kPa and -24C with a flow rate of 1.300 m/min and leaves at 800 kPa and 60C. Determine the mass flow rate of R-134a and the power input to the...
-
The following trial balance of Bramble Traveler Corporation does not balance. Bramble Traveler Corporation Trial Balance April 30, 2025 Debit Credit Cash $6,221 Accounts Receivable 5,350 Supplies...
-
From this analysis, we can see than the actual number of unit produced was actually less than the forecasted, yet the actual revenue gain from were greater than the forecasted one. This situation...
-
Find the value of the constant a if V(x, y) = x 3 + axy 2 satisfies + = 0
-
In a certain school district, 3% of the faculty use none of their sick days in a school year. Find the probability that 5 faculty members selected at random used no sick days in a given year.
-
Check the new balance entry on the monthly statement below by using the first five entries. If the new balance is incorrect, write the correct amount. SUMMARY Previous Balance $424.41 Payments /...
-
Rob wants to purchase a $5,000 drum set. The music store offers him a 2-year installment agreement requiring $800 down and monthly payments of $202.50. Rob has a poor credit rating. a. What is his...
-
The finance charge on Lenas credit card bill last month was $13.50. Her APR is 18%. What was her average daily balance?
-
. Emerson Cammack wishes to purchase an annuity contract that will pay him $7,000 a year for the rest of his life. The Philo Life Insurance Company figures that his life expectancy is 20 years, based...
-
Integrity Inc. can sell 20-year, $1,000 par value bonds paying semi-annual interests with a 10% coupon. The bonds can be sold for $1,050 each; flotation cost of $50 per bond will be incurred in this...
-
Duncan Inc. issued 500, $1,200, 8%, 25 year bonds on January 1, 2020, at 102. Interest is payable on January 1. Duncan uses straight-line amortization for bond discounts or premiums. INSTRUCTIONS:...
Study smarter with the SolutionInn App