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maxonik [38]
2 years ago
7

You purchased 100 shares of stock for $78 per share. You sold the stock four years later for $92 per share. What is your gain af

ter the sale of the investment?
Business
1 answer:
Lina20 [59]2 years ago
6 0

Answer:

$1,400

Explanation:

The gain after the sale of the investment is the excess of the total selling amount over the cost of acquiring the shares initially.

Cost of initial acquisition=100*$78=$7800

Proceeds from shares disposal=100*$92=$9200

The gain after the sale of the investment=$9,200-$7,800

The gain after the sale of the investment=$1,400

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Answer:

See below

Explanation:

Given the above information, the average debtor days is computed as seen below.

= Total receivables / Credit sales × 365

Total receivables = $246,000

Credit sales $2,430,000

Then,

Average debtor days

= $246,000 / $2,430,000 × 365

= 36.95 days

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3 years ago
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Answer:

Option A is the correct approach.

Explanation:

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5 0
3 years ago
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Presently, given this thought, you may acknowledge why Southern Supply Inc. had a buying approach of acquiring its items/administrations from an expanded pool of specialist co-ops. It is actually as the mainstream saying goes - "One-ought not-put-every one of their-eggs-into-one-bin"  

6 0
3 years ago
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Common properties goods are those goods which are characterised by rival consumption and non exclusion of non payers. Rival consumption implies that consumption by a user imposes limitations on what others can consume, but a user can not stop another user from enjoying the good. Common property goods are equally owned by everyone  and are not controlled by anyone in particular, thus these goods usually need government intervention.
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