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Author Question: Steven Fork purchased 375 shares of Grant Corporation common stock at 19.75 per share. Three months ... (Read 267 times)

mynx

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on: Jun 24, 2018
Steven Fork purchased 375 shares of Grant Corporation common stock at 19.75 per share. Three months later he sold the shares at 28.80. His stockbroker charges 3 commission on round lots and 4 on odd lots. What was the amount of gain on this transaction?

Question 2

Customer Bank loaned The Teacup Shoppe money at 6 interest for 90 days. If the interest was 750 using the ordinary interest method, the principal amount borrowed was 5,000.
  Indicate whether the statement is true or false


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cegalasso

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Reply #1 on: Jun 24, 2018
Answer to Question 1

2,811.15

Answer to Question 2

FALSE


mynx

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

dantucker

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Reply 3 on: Yesterday
Gracias!

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