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Likurg_2 [28]
2 years ago
10

Sally bought 200 shares of stock in a clothing manufacturer 4 years ago. She paid $23.45 per share. She just sold all of her sha

res for $34.60 per share. What was her percentage gain
Business
1 answer:
m_a_m_a [10]2 years ago
3 0

The percentage gain earned by Sally from the sales of the shares is  47.55%.

<h3>What is the percentage gain?</h3>

The percentage gain is the excess of the selling price over the cost price of the stock of shares/.

Percentage gain = (selling price - cost price) / cost price

(34.60 - 23.45) / 23.45 = 47.55%

To learn more about percentages, please check: brainly.com/question/25764815

#SPJ1

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Answer:

Option (d) is correct.

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3 0
3 years ago
During October, Pharoah Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fu
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Answer:

The entries are made as follows;

Explanation:

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Freight Expense Dr.$5.39

Petty Cash          Cr.$5.39                                                                                                              

6 0
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. Assume a home buyer puts 20% down on a $250,000 house and uses a mortgage to borrow the rest. What will the amount of the mort
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Answer:

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Explanation:

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