A. An investorpurchased550 shares of common stock , $25 par, for $23.375. Later 100 shares were sold for $47 per share . What is the amount of gain or loss on the sale?

B. The following are excerpts from last year'sfinancials of Tuft's University:

Number of shares of common stock outstanding 7,500

Market price per share $35

Total dividends paid $9,375

Cash provided by operations $25,000

What is Tuft's dividend yield?

1. 3.57%
2. $3.75
3. 4.25%
4. 3.52%
5. None of the above

c. A corporation has sold some of its fixed assets for $53,500 representing a gain of $3,500.

Under the indirect method, what is the value from the transaction the corporation would record

in the operating activities?

1. $53,500
2. $50,000
3. $3,500
4. $(3,500)
5. None of the above