What is the amount of gain on the sale

Assignment Help Accounting Basics
Reference no: EM133168267

Question - You buy 100 shares of stock at $25 a share and paid $35 in commission. A dividend of $1.06 per share was paid this year. What was the rate of yield? If you sold your stock at $29 per share, less $25 in commission, what is the amount of gain on the sale?

Reference no: EM133168267

Questions Cloud

Evaluation of the competitive dynamics in the industry : Discuss the strategy of a chosen SME in a chosen industry and to evaluate its interaction with the environment - identify potential international target market
What is Harry return on investor equity for this investment : Harry bought 100 shares of stock at a price of GHS48 a share. He used his 60% margin account to make the purchase. What is Harry return on investor equity
Calculate the cost to Olti Ltd of not accepting the discount : Slenti Ltd's normal credit terms to Olti Ltd are 30 days but is prepared to allow a 2% rebate. Calculate the cost to Olti Ltd of not accepting the discount
Record the journal entry needed to account for the pension : Record the journal entry needed to account for the pension expense in 2022 assuming Superman uses ASPE and then redo the entry assuming IFRS is used
What is the amount of gain on the sale : You buy 100 shares of stock at $25. If you sold your stock at $29 per share, less $25 in commission, what is the amount of gain on the sale
What is the price and quantity variances : Monthly budgeted fixed overhead is $17,400. Revenues for the month were $73,700, What is the price and quantity variances
Explain how the SML would change : You have looked up the current risk-free rate of return, which is 1%. Explain how the SML would change if the risk-free rate were to rise to 3%
Identify the responsibilities of three functional department : Identify the responsibilities of three functional departments of the organization in the course scenario: sales, operations, and marketing
What challenges auditors will face in the next few years : What challenges auditors will face in the next few years? How should the auditing profession adapt to changes in current economic and technological environment

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