Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gary Walters owned 400 of stock in General Electric (GE). He purchased the shares at the price of $30.55 per share and sold them at

Gary Walters owned 400 of stock in General Electric (GE). He purchased the shares at the price of $30.55 per share and sold them at the closing price of the stock given in the image. Ignoring dividends, what was Gary's profit or loss on the sale of the stock. (Round to two decimals.)
image text in transcribed
YTD 52-WEEK % CHG HILO STOCK (SYM) 12.7 51.52 34.45 GallaherGp &LH -0.7 19.05 12.52 GameStop A GME -5.7 91.38 75.59* Gannett GCI 4.2 25.72 16.99 Gap Inc GPS 15.9 30.30 19.95+ Gardnr Denvr GDI 8.5 13.75 8.86 Gartner IT 12.0 13.06 8.52 Gartner B ITB -10.0 6.85 3.64 Gateway GTW 4.0 32.70 17.70 GaylEnt GET 9.3 13.53 8.75 GenCorp GY 1.5 68.25 36.82 Genentech DNA S 15.3 10.23 6.26 GenlCbl BGC 9.1 101.94 75.59 GenDynam GD 6.1 34.57 27.18 GenElec GE 12.7 35.30 21.82 GenGrthProp GGP S 63.6 30.42 11.13 GenMaritime GMR -0.8 49.17 43.75 GenMills GIS -19.3 55.55 36.11 Gen Motor GM 36.9 25.67 14.30 Genesco GCO 6.6 26.10 14 GeneseWY A GWRS 13.9 40.20 29.83 Genuine Part GPC 16.7 23.50 18.75 GnwrthFnl A GNW n 10.8 29.18 25 GnwrthFnl unn -18.9 24.69 16.40*GeoGrp GGI 1 23.9 35.99 20.71 GA Gulf GGC 9.3 38.60 20.684 GA Pac GP YLD VOL NET DIV % PE 100S CLOSE CHG 2.12e 4.4 ... 415 47.95 -0.15 ... 14 3149 15.30 -0.38 1.2 18 10658 84.06 -0.07 19 37506 22.24 -0.35 18 530 27.66 0.08 ... 617366 12.27 -0.33 61 2521 12.19 -0.33 dd 12852 4.14 -0.25 dd 1248 28.66 -0.25 .12 1.0 dd 1987 11.77 -0.14 ... 74 28074 47.50 0.54 ... dd 2002 9.40 -0.26 1.44 1.5 18 4787 98.59 -1.44 .80 2.4 21 157197 32.87 -0.39 1.20 3.8 25 6392 31.27 0.02 8 3176 28.80 -0.20 1.24f 2.8 16 7247 44.92 -0.44 2.00 4.6 6 57115 43.07 -0.23 15 1688 20.71 -0.71 1085 22.38 -0.32 1.20 3.2 18 3739 37.80 -0.38 8890 22.76 0.04 3122 28.15 ... 328 18.50 -0.25 .32.9 22 3543 35.79 0.04 .50 1.5 15 8039 33.53 -0.32

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Financial Management Theory And Practice

Authors: Prasanna Chandra

8th Edition

0071078401, 978-0071078405

More Books

Students also viewed these Finance questions

Question

Explain the focus of behavioral finance.

Answered: 1 week ago

Question

What is the cerebrum?

Answered: 1 week ago