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
Fed [463]
3 years ago
6

Bill purchased 2,000 shares of stock for $22 per share. He sold them for $33. Express his capital gain to the nearest tenth of a

percent.
Business
1 answer:
Leto [7]3 years ago
8 0

Answer:

50%

Explanation:

capital gain is the difference between the selling price and the buying price

Purchase price = 2,000 x 22 =$44,000

Selling price =2,000 x 33 =$66,000

capital gain = $22,000

Gain as a percentage

= $22,000/44,000 x 100

=0.5 x 100

=50%

You might be interested in
On January 2, 2016, Alpha Company acquired a new machine by signing a 5 year note for $62,000. The estimated service life is eig
spin [16.1K]

Answer:

The answer is $10,800

Explanation:

Straight line method of depreciation is:

Cost - residual value/number of useful life

Cost - $62,000

Residual value - $8,000

Number of years - 5years

=62,000 - 8,000/5

=57,000/5

$10,800.

Therefore, $10,800 will be charged every year.

8 0
4 years ago
1. Do you believe that training is a necessity in the implementation of new policies? Please support your answers.
professor190 [17]

Answer: (1) Training is necessary in the implementation of a new policy

(I) To orient and enlightening the people

(II) To enhance its implementation

(III) To promote cordial actions.

(2) Background checks are important to

(I) To determine the possible threats.

(II) To understand the nature of threats and how best to mitigate them.

(III) To help the Management know what kind of information security structure or system to implement.

(2B) Information security help to serve the following

(I) To prevent hacking and other possible threats

(II) To prevent Information leaks

(III) To promote secrecy.

(3) What can happen if Management does not enforce the policies that are put in place?

(I) The business will experience huge looses due to hackers

(II) The Business will be prone to internet fraud.

(III) Frequent Information leaks.

Explanation: Information security is the process or system put in place to enhance,sustain and guarantee that the information flow,storage and use are done with reduced or eliminated threats.

Most organisations have different strategies for implementing Information security, Information security is vital to the success of any business.

8 0
3 years ago
Outside directors are defined as
Westkost [7]

Answer:

B) individuals on the board who are not employed by the board's corporation.

Explanation:

The outside director are those director who are not employee of the company they only receive their fee per meeting. These directors are also known non executive director. Their objective is to protect the interest of shareholders by supervising different fiction of business and ensure that shareholder's interest is safe.

8 0
3 years ago
Choose the statement that is incorrect. A. Search activity occurs only in markets where there is a shortage. B. The time spent l
Rufina [12.5K]

Answer:D

Explanation:because it seems like it

3 0
4 years ago
To become industrial, a nation must have raw materials, workers, and capital. True or false?
saul85 [17]
To become industrial, a nation must have raw materials, workers and capital is absolutely true. Without any of the things mentioned, it is impossible to become an industrial nation. The raw materials are required to produce the finished product. The workers are the ones that work in industries to produce the finished proudest from the raw materials. It can be physical as well as mental labor. Capital is required to buy raw materials and labor for getting the finished product and make profit.


7 0
4 years ago
Other questions:
  • Individuals performing in professional jobs are compensated initially for their ________.
    15·1 answer
  • What are assets ? A. Money and other valuables belonging to an individual or business B. Assessments on a partnership such as ta
    8·1 answer
  • Who knows what the correct answer is?
    14·1 answer
  • Check my work (1 remaining) rupert and cordelia own an american company that does business in foreign nations. getting a license
    8·1 answer
  • The price tag on a tennis ball in 1975 read $0.10, and the price tag on a tennis ball in 2005 read $1.00. The CPI in 1975 was 52
    13·1 answer
  • Assuming a 365-day year, Bush Industries calculated an average of 47 days to collect its accounts receivable in 2019. During 201
    8·1 answer
  • What is the step by step process of making money in the united states?
    14·1 answer
  • Horizontal analysis evaluates a series of financial statement data over a period of time:
    6·1 answer
  • If a government fixes the wage rate above the mar-
    9·1 answer
  • Jim and Evan enter into a real estate contract. The contract allows Evan to get a mortgage at 5% interest. But after due diligen
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!