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
mariarad [96]
3 years ago
8

Jill Bower purchased 320 shares of stock for $29 a share and sold it for $35 a share. The commissions required to buy and sell h

er stock totaled $300 for each transaction. Assuming she received no dividends during the time she owned the stock, what is her total investment on the purchase of this stock?a. $2.140.b. $2.500.c. $1,580.d. $625.e. $1860.
Business
1 answer:
vichka [17]3 years ago
8 0

Answer:

Jill Bower

Her total investment on the purchase of this stock is:

$9,880.

Explanation:

Number of shares purchased = 320

Share price at purchase = $29

Cost of the purchase = $9,280

Purchase Commission =    300

Total cost =                   $9,580

Sales proceeds =         $11,200

Sales Commission =          300

Net proceeds =           $10,900

Therefore, the total investment will be equal to the purchase cost (initial investment) + the sales commission, which is equal to $9,880.

= $9,580 + $300

= $9,880

You might be interested in
Nascar redirected its marketing efforts when a survey indicated that almost 50 percent of its fans were female. this is an examp
olga nikolaevna [1]
This would not be psychographic segmentation, as segmenting by gender would be demographic
4 0
3 years ago
Sam was injured in an accident, and the insurance company has offered him the choice of $25,000 per year for 15 years, with the
stiv31 [10]

Answer:

The lump sum be of $237,228.84

Explanation:

In order to calculate how large must the lump sum be we would have to use  and calculate the formula of Present value of annuity due as follows:

Present value of annuity due=(1+interest rate)*Annuity[1-(1+interest rate)^-time period]/rate

Present value of annuity due=(1+0.075)*$25,000[1-(1.075)^-15]/0.075

Present value of annuity due=$25,000*9.489153726

Present value of annuity due=$237,228.84(Approx)

The lump sum be of $237,228.84

6 0
4 years ago
If you had a choice how much are you willing to pay per month to have access to and use the various social media platforms?​
svet-max [94.6K]

Answer: $10 per month

Explanation:

$10 would be an ideal amount for me to pay to have access to the various social media sites if the major sites are on offer.

I think this amount reasonable because I do not use social media all that much but I would still like access to a variety of them. I would essentially therefore, be paying for my reduced time on the net.

Some might say that the companies might not make a profit if they charge $10 a month but I think they will because they make most of their money from ads so it would be good for them to offer the lowest subscription prices so that they can capture more people which will appeal to advertisers.

6 0
3 years ago
Using advertising to try to convince customers to buy one product rather than
alexdok [17]

Answer:

The correct answer is (B)

Explanation:

Advertising is an effective way to increase consumers and demand. In a perfect or solipsistic competition in order to compete with identical products companies usually apply different methods and techniques to distinguish their products. This technique is called non-price competition. Firms sometimes reduce their prices and give incentives to attract costumers to buy their product.

5 0
3 years ago
Assume that the one component unit had program revenues of $47,600 and expenses of $64,000 and spent $10,900 for land during Yea
Marrrta [24]

Answer:

Explanation:

If the overall increase in net assets remains the same at $154,000 then the program revenues and expenses were not included in the final figures for the government-wide financial statements. These two items were presented individually but should have blended with the total amount.

If these two figures were combined with the overall increase in net assets, the new figure would surmount to $137,600. This causes a decrease of $16,400 in net assets.

Net Assets = 154,000 + 47,600 – 64,000 = $137,600

Decrease amount = 154,000 – 137,600 = $16,400

7 0
4 years ago
Other questions:
  • Company a owns shares of company b and company
    5·1 answer
  • Trevor Williams’ bank calculates interest daily. At an APR of 3%, how much simple interest does $2,000 earn in twelve days?
    9·2 answers
  • In an open economy, why is the demand curve for dollars in the foreign-currency exchange market downward sloping? A. A depreciat
    8·1 answer
  • Daily Enterprises is purchasing a $ 10.4 million machine. It will cost $ 55 comma 000 to transport and install the machine. The
    6·1 answer
  • Suppose that at some point the spot exchange rate is equal to 100 yen per one u.s. dollar, while the interest rate in dollars is
    10·1 answer
  • A city is spending $20 million on a new sewage system. The expected life of the system is 40 years, and it will have no market v
    13·2 answers
  • What is a pur autre vie life estate?
    5·1 answer
  • People working within _________ may be responsible for a variety of tasks, including conducting risk assessments, implementing s
    14·2 answers
  • No but seriously you're p0ggers B)
    6·2 answers
  • On March 1, Atlantic Co. issues 47,500 shares of $4 par value common stock for $312,500 cash. On April 1, OP Co. issues no-par v
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!