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ruslelena [56]
4 years ago
6

A stockbroker earns a commission by a flat fee for each transaction as well as a fee per share. On a particular transaction, the

stockbroker sold 5,000 shares to a client at a rate of $0.01 per share. The cost of the transaction totaled $57.50. Which of the following equations describes the cost of this transaction in terms of shares sold?
A.
y = 0.01x
B.
y = 0.01x + 7.5
C.
y = 0.01x + 4,999.425
D.
y = 0.01x + 5,000
Business
1 answer:
Kitty [74]4 years ago
4 0
As flat fee =
57.50 - 5000*0.01 = 7.50 
<span>Let fee per share = x </span>
so it would be
<span> y = 0.01x + 7.5
so i conclude correct option fro above statement is
B
hope it helps</span>
You might be interested in
In applying the high-low method, what is the fixed cost? month miles total cost january 80,000 $144,000 february 50,000 120,000
kupik [55]
The high and low levels of activity are 90,000 miles in April and 50,000 miles in February. The costs at these two levels are $195,000 and $120,000, re-spectively. The difference in costs is $75,000 ($195000-120000), and the difference in miles is 40,000 (90000-50000). Therefore, variable cost per unit is $1.875computed as follows.
75000÷40000=1.875

Determine the fixed costs by subtracting the total variable costs at either the high or the low activity level from the total cost at that activity level
Variable cost=1.875×50,000=93,750

fixed cost=120,000−93,750=26,250


5 0
3 years ago
Sarah's divorce was finalized on March 4, 2019. As ordered in the divorce decree, Sarah received $14,000 in alimony for the year
nadezda [96]

Answer:

a-0

Explanation:

Beginning on January 1st, 2019, alimony is not deductable for tax purposes nor incluedable in the income of the receiving spouse.

Sarah's divorce was finalized after this date, so she does not need to include any of her income on Form 1040.

So the correct answer is:

a-0

6 0
4 years ago
Which of the following is not one of the principles of corporate public relations that a company should follow
CaHeK987 [17]

Answer:

C. To ensure secrecy and security regarding the company's actions

Explanation:

Ensuring secrecy and security regarding the company's actions is not one of the principles of corporate public relations that a company should follow.

3 0
3 years ago
The following facts relate to Pronghorn Corporation.
katrin [286]

Answer: I dont speak english but I'm going to try to help you

Explanation:

5 0
4 years ago
A bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in five years. There are semi-annual coupon
Alex

Based on the selling price, the coupon rate, and the period, the yield to maturity will be <u>7.2%. </u>

<h3>What is the yield to maturity?</h3>

This can be found using a financial calculator or Excel worksheet.

Face value = 95% x 1,000

= $950

Coupon amount = 1,000 x 6% / 2 semi annual periods per year

= $30

Period = 5 years x 2

= 10 semi annual periods

Yield to maturity is = 3.6%

Annual yield to maturity:

= 3.6% x 2

= 7.2%

Find out more on yield to maturity at brainly.com/question/15172286.

4 0
3 years ago
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