This topic contains a solution. Click here to go to the answer

Author Question: Steve purchased 200 shares of stock at 14.25 per share. The commission is 2 of the total ... (Read 511 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
Steve purchased 200 shares of stock at 14.25 per share. The commission is 2 of the total transaction. What is the total cost of the transaction?
 A) 2,907
  B) 2,850
  C) 2,793
  D) 57

Question 2

Miguel has 200 shares of a cell phone company's common stock. There are dividends of 500,000 to be distributed among its common stockholders. There are 175,000 shares of common stock outstanding. How much will Miguel receive?
 A) 2.86
  B) 70
  C) 572
  D) 875



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

A

Answer to Question 2

C




tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 24, 2018
Wow, this really help


Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library