Author Question: Steve purchased 200 shares of stock at 14.25 per share. The commission is 2 of the total ... (Read 106 times)

tfester · **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