1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iren2701 [21]
3 years ago
7

Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o

f the sale?
Business
1 answer:
djverab [1.8K]3 years ago
7 0

Answer:

$24

Explanation:

500 * 18 = $9000 worth of stock initially.

She sells with a $3000 gain, which means the value of the stock is $12000

12000/500 = $24

You might be interested in
Sales Transactions and T Accounts Using T accounts for Cash, Accounts Receivable, Sales Tax Payable, Sales, Sales Returns and Al
MA_775_DIABLO [31]

Answer:

Payment id received for merchanise sold on account

4 0
3 years ago
Which of the following items is not a current liability?
Nuetrik [128]
The right answer is none of the above, its Bonds payable.
7 0
3 years ago
Gina Robinson, Inc. (GRI) GRI management has decided to reinvent the culture of the organization. Previously, the company tried
Nuetrik [128]

Answer:

C) Telecommuting

Explanation:

Telecommuting simply means working from your home. The internet changed our lives completely, and it is also how we work. Everyday more people are starting to work from distant locations to their "main office". This means that they can be working at their house using a computer which is connected to the company's intranet.

Some of the advantages of telecommuting is that it increases efficiency by decreasing costs (you don't have to spend time going to work and you can have your office at home), reducing employee churn rate, allowing older or disabled people to work, it is good for your health, and around 65% of telecommuters in the US have have increased their work efficiency vs. their normal office work.

7 0
2 years ago
What is home equity?
mariarad [96]

Answer:

A proportion of your property that you truly own.

Explanation:

Home equity is a homeowner's interest in a home. It can increase over time if the property value increases or the mortgage loan balance is paid down.Put another way, home equity is the portion of your property that you truly “own.” You're certainly considered to own your home, but if you borrowed money to buy it, your lender also has an interest in it until you pay off the loan.

Btw I found this in a website

Hope this helps

5 0
3 years ago
Read 2 more answers
What happens when network externalities are​ present?
wolverine [178]
I think it is either C or D. I'm not sure which one though. Hope this helped, have a great day! :D
4 0
3 years ago
Other questions:
  • According to Scott, the chief operating officer of Barcelona Restaurant Group, the only way a business can ensure to have enthus
    14·1 answer
  • Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South
    14·1 answer
  • Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,500 cash and
    8·1 answer
  • Creative Crew is a direct-marketing company that sells merchandise such as T-shirts, customized coffee mugs, calendars, key chai
    15·2 answers
  • Tom, the store manager, recently had to fire Jan, an employee who graduated from Paradise College. He felt that Jan was not well
    11·1 answer
  • A commercial oven with a book value of $67,000 has an estimated remaining 5 year life. A proposal is offered to sell the oven fo
    14·1 answer
  • River City Recycling just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend grow
    7·1 answer
  • According to Laurent, managers in Sweden, Denmark, and Great Britain believe that employees should ________. A. adopt a collecti
    9·1 answer
  • A corporation: Select one: A. Is less costly to organize than a partnership B. Is subject to less regulation and supervision tha
    6·1 answer
  • Three individuals in a partnership agree to divide the profit equally. X invests $4500, Y invests $3500, and Z invests $2000. Th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!