Solution-What is the gain for john on the sale of his intel

What is the gain for john on the sale of his intel stock

Assignment Help Cost Accounting

Reference no: EM132908342

Question - John bought 1,000 shares of Intel stock on October 18, 2016, for $30 per share plus a $750 commission he paid to his broker. On December 12, 2020, he sells the shares for $42.50 per share. He also incurs a $1,000 fee for this transaction.

Required - What is the gain/loss for John on the sale of his Intel stock?

Reference no: EM132908342

Questions Cloud

Discuss the nature of the case : Discuss the nature of the case and the basis of the argument the Supreme Court used to reach the decision. Explain why you agree or disagree with the ruling?

What exactly the union failed to do : Provide a description of what exactly the union failed to do. Give your thoughts on how the union could have protected workers rights

Explain one impact on medication preparation : One impact on medication preparation. Explain. In this written assignment, select one cultural factor such as health beliefs, language.

Questions on establishing credit and inventory policies : What are some of the factors that determine the length of the credit period?

What is the gain for john on the sale of his intel stock : On December 12, 2020, he sells the shares for $42.50 per share. He also incurs a $1,000 fee for this transaction. What is the gain for John on the sale

How ethical is it for a multinational organization : How ethical is it for a multinational organization to recruit expatriate staff for managerial positions when similarly qualified staff can be identified

Demonstrated a commitment to primary care to date : How have you demonstrated a commitment to primary care to date? In what ways will you contribute to primary care as a physician assistant?

Why is earnings per share useful : In 2020, a $ 1, 500,000 dividend was declared and distributed; however, no dividends were declared in 2019. Why is earnings per share useful

Develop an interview process that you will use : Develop an interview process that you will use. What steps will you take to improve the effectiveness of the interviews? Discuss interview techniques

User Account

All Pages

What is the gain for john on the sale of his intel stock

Reference no: EM132908342

Reference no: EM132908342

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT