Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Barry Kato owned 400 shares of stock in a car company. He paid a total of $11,580.00 for the stock He sold the stock
Barry Kato owned 400 shares of stock in a car company. He paid a total of $11,580.00 for the stock He sold the stock for $29.50 per share and paid a commission of 1% of the selling price. What was the TOTAL amount of the sale? $11,682.00 $11,800.00
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
Accounting Information Systems
Authors: Jr Ulric J Gelinas, Ulric J Gelinas, Richard B Dull
8th Edition
0324663803, 9780324663808
