How much gain resulted from the sale

Assignment Help Financial Management

Reference no: EM13944643

A person owns 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?

a. $3750 Loss

b. $7500 loss

c. $3750 Gain

d. $7500 Loss

Reference no: EM13944643

Questions Cloud

Whether the cache misses in each category will increase : For each condition listed below, say whether the cache misses in each category will increase, decrease, or stay the same

Create a data dictionary for a simple database : Create a data dictionary for a simple database. Develop an ER diagram. Clearly label all entities, primary and foreign keys, relationship, connectivity and cardinalities.

Calculate the point cross-elasticity of demand : At the current price level, what effect would an increase in price of the firm's products have on total revenue?Support your answer. Would it be viable for the firm to continue incurring more expenses on advertisement?

Statewide exam for assessing the mathematics skills : The results of a statewide exam for assessing the mathematics skills of realtors were normally distributed with a mean score of 73 and a standard deviation of 11. The realtors who scored in the top 15% are to receive a special certificate, while t..

How much gain resulted from the sale : A person owns 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?

Draft a description of how it can be converted into a rdbms : Analyze samples of RoboBoys current Excel spreadsheets (click here to download) and draft a description of how it can be converted into a RDBMS.

Find direct materials budget for the month : The sales department C. Coles Manufacturing Co. has forecast sales in March to be 20,000 units. Additional information follows: A direct materials budget for the month (in units and dollars)

What are the forecasted retained earnings for year : Year 2010 ending retained earnings were 2,000,000. Year 2011 forecasted sales are $100,000 with 25% net margin and 20% divident payout ratio. What are the forecasted retained earnings for year 2011?

Based on listed options quotations in wall street journal : Please provide calculations on the following quested based on listed options quotations in the Wall Street Journal. If the actual November price of Oracle was $15.00, would you exercise the call option? The put option? Suppose you purchased a call op..

User Account

All Pages