Answer:
A. $ 2,152
Explanation:
The total selling price of 100 shares at $22.62 is
100 *22,62 = $ 2,262
Less:Brokerage firm fees <u>$ 110</u>
Money received from sale of 100
shares of TMX $ 2,152
<u>Return on Investment</u> is the compensation companies receive for purchasing capital assets.
Capital assets are significant pieces of property like houses, automobiles, rental properties, stocks, bonds, and even antiques or works of art. A capital asset for businesses is an asset with a useful life of more than a year that is not intended for sale during normal company operations.
Your investments in the business are the time and money you devote to strengthening your company. The profit you receive from your investments is the return. The ratio of net profit to the entire cost of the investment is how ROI is often defined.
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John is novice involved in drug business.
This is called the withholding tax or income tax. Every employee has to pay tax for every income made which is directly credited by the employer for the government. Withheld tax within the year is reflected in the Income tax return alongside with other income and assets where then you can apply for exceptions or discounts. If withheld tax is over the supposed tax then it will be refunded.
Answer:
2 is the answer because of the method which has been discribed by the book
