What is the main aim of business office

Kevin bought 265 shares of Intel stock on January 1, 2019, for $76 per share, with a brokerage fee of $165. Then, Kevin sells al

garri49 [273]

Answer:

$2800

Explanation:

To find the Gain or loss on the sell of shares we jus need to deduct cost of purchasing and brokerage fee from sale proceeds

12 DECEMBER 2019

Gain/loss = Sales proceeds- Total Cost to purchase - Cost to sell

Gain/loss= ($88 x 265) - $20,305 - $215

Gain/loss= $23,320 - $20,305 - $215

Gain/loss= $2800

WORKINGS

Purchase 1 Jan 2019

265shares x $76per share = $20,140

Total cost to purchase = $20,140 + $165(brokerage fee)

Total cost to purchase = $20,305

Cost to sell = $215(brokerage fee)

3 0

3 years ago

Which economic indicator measures inactivity rather than activity ?

Reil [10]

B, unemployment rate.

5 0

3 years ago

Luxury Linens Inc. produces the highest thread-count sheets available anywhere and does so at a price that none of its competito

vfiekz [6]

Answer: Sustainable competitive advantage

Explanation:

The sustainable competitive advantage is basically refers to the abilities attributes and the quality of an organization that are different from the others competitors as it basically favorable to the long term position in the market.

The main objective of the sustainable competitive advantages is that it providing an efficient advantages in this competitive environment. Product differentiation, low cost provider and the strategic asset are the main advantages.

According to the given question, the luxury linens Inc. is basically producing the high thread count and it measuring the various types of advantages such as profit, effective products of an organization.

Therefore, Sustainable competitive advantage is the correct answer.

7 0

3 years ago

Valley Technology had Net Income for 2021 of $9,600,000. The firm invested $5,000,000 in manufacturing equipment during 2020 but

suter [353]

If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000.

<h3>Net cash flow</h3><h3>Cash Flow from Operating Activities</h3>

Valley Technology Statement of Cash Flows For the year ended 2021

Cash Flow from Operating Activities:

Net Income $9,600,000

Add Depreciation Expense $1,000,000

($5,000,000/5)

Net Cash provided (used) by operating activities: $10,600,000

Cash Flow from Investing Activities:

Purchase of manufacturing equipment -$5,000,000

Net Cash provided (used) in Investing activities -$5,000,000

Cash Flow from Financing Activities:$0

Net cash flow in 2021 $5,600,000

Therefore If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000

Learn more about net cash flow here:brainly.com/question/735261

#SPJ1

3 0

2 years ago

When it comes to distribution what is the least expensive route when getting the product from the manufacture or farmer to the u

Nezavi [6.7K]

<h2>Direct distribution is one of the least expensive route to access customer directly</h2>

Explanation:

Direct distribution is one the method which does not involve any intermediaries.
They do not have dealers, sub-dealers, etc to reach the customer with the product.
Online shopping enables direct distribution
Since direct distribution does not involve intermediaries, it can reach customer more quickly and the cost is also less.
Whereas when the product is reached through indirect distribution, then we have to spend amount on transport to reach product to dealers, then dealers spend money to sub-dealer and so on.

5 0

3 years ago

What is the main aim of business office​

What is the main aim of business office