Question

Observe the following stock quote. What are (a) the highest price during the last 52 weeks, (b) the lowest price during the last 52 weeks, (c) the last price this day, (d) the change in price this day, and (e) the number of shares traded this day? Confirm (f) the YLD% and (g) the PE ratio, assuming annual earnings per share of $3.21.

a) Provide the requested information based on the given stock quote.
b) Refuse to provide the information without additional context.
c) Offer general advice on stock trading.

Answer 1

Net profit from stock transactions is calculated by subtracting the total purchase price and the transaction fee from the total sale price. The given transactions result in net profits of $15010.01 for Nike, $7790 for Panda Express, and $27707.01 for Wal Mart.

Step-by-step explanation:

To calculate the net profit from each stock transaction, you subtract the total purchase price and the transaction fee from the total sale price. Here are the calculations for the given transactions:

1. For 1000 shares of Nike purchased at $24.50 each: Net Profit = (1000 × $39.75) - (1000 × $24.50) - $9.99 = $15010.01
2. For 800 shares of Panda Express purchased at $13.50 each: Net Profit = (800 × $23.25) - (800 × $13.50) - $10 = $7790
3. For 1200 shares of Wal Mart purchased at $35.50 each: Net Profit = (1200 × $58.75) - (1200 × $35.50) - $12.99 = $27707.01