Register
Company D has 4 investors Investor 1 has 200 shares Investor 2 has 350 shares Investor 3 has 725 shares, and Investor 4 has 975. Company D had a good quarter and decides not to pay a dividend. Investor
54.6k views
1 vote
Company D has 4 investors

Investor 1 has 200 shares
Investor 2 has 350 shares
Investor 3 has 725 shares, and
Investor 4 has 975.
Company D had a good quarter and decides not to pay a dividend. Investor 1 decides to sell all shares owned in the company. The investor bought 200 shares for $10/share and the stock is now trading at $25/share. Calculate the net profit/loss for the investor. Remember SMG charges a 2% commission on all transactions.

User Picolino
by
3.1k points

1 Answer

5 votes

Answer:

Step-by-step explanation:

When the investor bought their 200 shares at 10 bucks it cost them

200*10*1.02= 2040

When the investor sold their 200 shares at 25 bucks it got them

200*25*.98=4900

4900-2040=2860

User Billy Kimble
by
3.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.4m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
Link Copied!