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Virty [35]
4 years ago
9

Leon purchased 8,500 shares of stock at a price of $11.45 a share. He sold the stock six years later at a price of $19.78 per sh

are. His capital gain is about 58%.
True or False
Mathematics
2 answers:
djyliett [7]4 years ago
8 0
Selling price,SP=8500*19.78=<span>168130
Cost price=CP=</span><span>8500*11.45=97325
gain=sp-cp=</span><span>70805</span>

gain%=gain*100/cp=7080500/97325=72.75%

so, False

mash [69]4 years ago
7 0

Answer:

False

Step-by-step explanation:

We are given that

Leon purchased shares=8500

Cost of 1 share=$11.45

Selling price of 1 share=$19.78

His capital gain=58%

We have to find it is true or false.

Cost of 8500 shares=$97325

Selling price of 8500 shares=8500\times 19.78=$168130

Profit=S.P-C.P=168130-97325=$70805

Profit %=\frac{profit}{C.P}\times 100

Profit %=\frac{70805}{97325}\times 100=72.75%=73%

Hence, his capital gain is about 73% not 58%

Answer:False

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3 0
3 years ago
Read 2 more answers
Please help me! I'm spending 50 points on this question and my last two questions never even got answered!
Verdich [7]

Answer:

C.

Step-by-step explanation:

Domain is only affected if certain values can make the result something that either doesn't make sense or is an error. In your situation, it wants you to find the domain of f/g, which is a fraction. The only rule we have for fractions regarding domain is that we simply can't divide by zero, to find the domain for any fraction with variables in the denominator, what I do is take the denominator, set it equal to 0, and solve for x.

So, if we're taking f/g, we have:

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(For future problems, the only thing to look out for is if your numerator, the top part of the fraction, factors into something that cancels with the bottom. In that case, it wouldn't affect domain because you aren't actually dividing by anything. For example:

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3 years ago
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ANSWER

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<em>so,</em><em> </em><em>when </em><em>we </em><em>take </em><em>1</em><em>1</em><em> </em><em>from </em><em>both </em><em>term </em>

<em>it </em><em>will </em><em>left </em><em>with </em><em> </em>

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<em>this </em><em>is </em><em>the </em><em>final </em><em>answer</em><em> </em>

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pav-90 [236]

Answer:

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Step-by-step explanation:

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