Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 31, 2024

Allen bought 1,350 shares of stock for $12 per share. If he sold all his shares for $27,000, how much profit on each share

Allen bought 1,350 shares of stock for $12 per share. If he sold all his shares for $27,000, how much profit on each share did he make? a. $6 b. $8 C. $10 d. $12

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essential University Physics

Authors: Richard Wolfson

2nd Edition

0321706692, 978-0321706690

More Books

Students also viewed these Mathematics questions

Question

★★★★★

The electron affinity of oxygen is -141kJ/mol, corresponding to the reaction O (g) + e- O- (g) The lattice energy of K2O(s) is 2238kJ/mol. Use these data along with data in Appendix C and Figure 7.9...

Answered: 1 week ago

Question

★★★★★

Describe the benefits of using social media to help a start-up gain traction during the early stages of its life cycle. What are some possible disadvantages of using social media?

Answered: 1 week ago

Question

★★★★★

2. Based on the following information, what is the amount of taxable income? Gross salary, $57,400 Interest earnings, $320 Dividend income, $160 One personal exemption, $3,650 Itemized deductions,...

Answered: 1 week ago

Question

★★★★★

Transparency and disclosure: How did the evaluation make complete descriptions of findings, limitations, and conclusions available to all stakeholders, unless doing so would violate legal and...

Answered: 1 week ago

Question

★★★★★

On October 1, Lou Marks opened Eagle Restaurant, Inc. Marks is now at a crossroads. The October financial statements paint a glowing picture of the business, and Marks has asked you whether he should...

Answered: 1 week ago

Question

★★★★★

On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in t illustrated in Exhibit 9. Market Value per Unit (Net Realizable Value)...

Answered: 1 week ago

Question

★★★★★

Looking for the excel function in Yellow on Q9 Question 9 Annual 3.000% Semi-Annual 3.022% Quarterly 3.034% Monthly 3.042% 4 points Question 10 14.2 14.2 4 points 9) After reviewing the compounding...

Answered: 1 week ago

Question

★★★★★

Wig Creations Company supplies wigs and hair care products to beauty salons throughout Texas and the Southwest. The accounts receivable clerk for Wig Creations prepared the following partially...

Answered: 1 week ago

Question

★★★★★

In 2001, a commercial aircraft lost all power while flying at 10,000 m over the Atlantic Ocean, about 100 km from the Azores Islands. The skilled pilot put the plane into a gliding mode and...

Answered: 1 week ago

Question

★★★★★

Domino's Pizza franchises in New York were sued by the state of New York in 2016for wage theft at 10 stores.Under New York law, a corporation and a franchiser are joint employers if they meet certain...

Answered: 1 week ago

Question

★★★★★

Consider the EMPLOYEE database schema shown in Figure 4.6. Write PHP code to create the tables of this schema. Figure 4.6: A specialization lattice with shared subclass ENGINEERING_MANAGER. EMPLOYEE...

Answered: 1 week ago

Question

★★★★★

When reading a resistor's color bands: The first two colored bands, pulled from Table 1, represent the first and second digits of the resistance, respectively The third colored band, pulled from...

Answered: 1 week ago

Question

★★★★★

8. Consider a cantilever viewing platform extending over the rim of a cliff as shown below. In an unsafe situation, the platform would pivot about the cliff's edge. Without fixing bolts, what is the...

Answered: 1 week ago

Question

★★★★★

Which of the following would be classified as an operating activity on the statement of cash flows using the direct method

Answered: 1 week ago

Question

★★★★★

Imagine you are the HR manager at a company, and a female employee came to you upset because she felt a male coworker was creating a hostile work environment by repeatedly asking her out on dates...

Answered: 1 week ago

Question

★★★★★

Insert the missing word: The starting place for . . . . . . . . . . . audit is to reassess the public image of the organization. a. internal b. social c. efficiency d. compliance

Answered: 1 week ago

Question

★★★★★

Which stage of the approach to performing consulting investigations is inappropriate? a. Initial terms of reference for the work b. Preliminary survey c. Establish suppositions d. Audit planning and...

Answered: 1 week ago

Question

★★★★★

Select the most appropriate name ac for the given descriptions 13. Descriptions: 1. Resources required to perform the operation are acquired in the most cost-effective manner. 2. Resources are...

Answered: 1 week ago

Previous Question Next Question