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 436 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
:D TYSM


upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

For a complete list of videos, visit our video library