What are the proceeds for this stock market transaction

Assignment Help Accounting Basics
Reference no: EM132537985

Question - Sam bought through her broker 200 mining common stock at $16.50/share. The broker charged her 2% commission. One year later she sold the shares for $71.25. What are the proceeds for this stock market transaction?

Reference no: EM132537985

Questions Cloud

What is window dressing : Briefly discuss Current Cost Accounting (CCA) and Historical Cost Accounting? How Research and Development cost can be categorized in financial statements?
Develop computer-internet security policy : You have been hired as the CSO (Chief Security Officer) for an organization. Your job is to develop a computer and internet security policy for the organization
Calculate his net take-home pay : Sean Matthews is a waiter at the Duluxe Lounge. Calculate his net take-home pay assuming the employer withheld federal income tax
What investment strategy entails shifting the portfolio : What investment strategy entails shifting the portfolio into industry sectors that are expected to outperform others according to Macroeconomic forecast?
What are the proceeds for this stock market transaction : The broker charged her 2% commission. One year later she sold the shares for $71.25. What are the proceeds for this stock market transaction
Compute depreciation expense assuming brazil uses : Why might a company want to use component depreciation to depreciate its assets? Compute depreciation expense for 2015, assuming Brazil
Security Standard with LAN domain : Choose a domain and write one standard or procedure for that domain. Wi-Fi Access Point (AP) Security Standard-Defines secure wireless connectivity to network
Calculate the total contribution margin for each product : The Kota brocade production line is highly automated. Calculate the total contribution margin for each product, assuming the sales mix is the same as last month
What type of audit report should auditors generally issue : What type of audit report should the auditors generally issue in each of the situations? Explain. Client-imposed restrictions limit significantly the scope

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd