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Author Question: Steve purchased 200 shares of stock at 14.25 per share. The commission is 2 of the total ... (Read 506 times)

tfester

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on: Jun 24, 2018
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


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vickyvicksss

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

A

Answer to Question 2

C


tfester

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

tanna.moeller

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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