Reference no: EM132968771
Questions -
A. An investor purchased 550 shares of common stock , $25 par, for $23.375. Later 100 shares were sold for $47 per share. What is the amount of gain or loss on the sale?
B. The following are excerpts from last year's financials of Tuft's University:
Number of shares of common stock outstanding 7,500
Market price per share $35
Total dividends paid $9,375
Cash provided by operations $25,000
What is Tuft's dividend yield?
-3.57%
-$3.75
-4.25%
-3.52%
-None of the above
C. A corporation has sold some of its fixed assets for $53,500 representing a gain of $3,500.
Under the indirect method, what is the value from the transaction the corporation would record in the operating activities?
-$53,500
-$50,000
-$3,500
-$(3,500)
-None of the above