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
weqwewe [10]
2 years ago
5

Deanna purchased $24,000 worth of stock and paid her broker a 1% broker fee. She sold the stock when it increased to $29,100 thr

ee years later and used a discount broker who charged $35 per trade. Compute her net proceeds after the broker fees were taken out
Business
1 answer:
vazorg [7]2 years ago
7 0

Answer:

Here:

Explanation:

Purchase price of shares = 24000

total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240

selling price of shares = 29100

total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065

Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825

You might be interested in
Following the assumption that firms maximize profits, how will the price and output policy of an unregulated monopolist compare
Mamont248 [21]

Answer:

The correct answer is (A) output will be too small and its price too high.

Explanation:

MONOPOLY PRICE: price that departs from the value or production price of a given merchandise. Economic way in which capitalist monopolies obtain super profits. The monopoly price is equal to the production costs plus the high monopoly gain. There are two types of monopoly prices: the high ones, to which the monopolies sell their production and the low ones, to the monopolies buying the raw material or products destined for reworking and for sale, especially in colonial and dependent countries. In order to keep monopoly prices on the market, capitalist monopolies: 1) hinder the free emigration of capital by preventing the competitor from lowering the monopoly price or establishing an agreement with him to maintain a certain price, 2) limit the The production of goods in the internal market, without certain reductions in production, not even the destruction of "surplus" goods, 3) uses the bourgeois state to protect the internal market against foreign competition by establishing high tariff rates. Monopoly prices do not eliminate the action of the law of value as a law of merchandise prices. What monopoly capital earns thanks to monopoly prices, is lost by workers in capitalist countries and also the popular masses of colonial and economically weak countries, from which monopolists, through non-equivalent exchange, derive huge profits. A certain portion of the monopoly price is part of the gain of the bourgeoisie that does not enter the monopoly group. In this way, the interests of different classes and groups of today's capitalist society intersect in the monopoly price. For this reason, the growth of high monopoly prices, as well as the reduction of low monopoly prices - a phenomenon that is observed endlessly - leads to the further sharpening of the class contradictions of imperialism.

3 0
3 years ago
"Although Alibaba is competing in the Internet services industry, it has improved its performance by focusing on innovation and
meriva

Answer:

the resource-based model.

Explanation:

Resource-based theory can be understood as one that guarantees a strategic and competitive advantage to an organization through its resources that cannot be imitated and replaced. In the case of Alibaba, its valuable resources that guarantee long-term competitive advantages for the company are the company's ability to offer a wide range of products with significant discounts in relation to competitors, facilities for shipping goods worldwide, etc.

8 0
2 years ago
Arthur, an Air Force major, received a permanent change of station transfer from Alabama to Spain. His spouse did not accompany
daser333 [38]

Answer:

$0

Explanation:

Generally speaking, military housing allowances, subsistence allowances, overseas housing allowances and family separation allowances are not included in gross income. They are not taxed by the federal or state governments. Military personnel are not relocated based on the country's national security needs, not their own personal needs.

If the moving expenses exceed the amount given to them by the Air Force, the extra amount is generally tax deductible.

6 0
3 years ago
Jordan loves creating short films using his phone camera and small posable figures. He has learned how to edit the videos so tha
vodomira [7]

Answer:

You tube , computer enjneer

Explanation:

5 0
3 years ago
Read 2 more answers
If a new firm was launched to help businesses comply with the affordable care act, that opportunity was created by ________.
vekshin1
That opportunity was created by political actions and regulatory changes, government subsidiaries. An opportunity is a favorable set of circumstances that creates need for a new product service or idea. An opportunity should have essential qualities such as attractive, timely durable and anchored in a product, service or business that adds value for its buyer or end user.
8 0
3 years ago
Other questions:
  • Why does demand become more elastic over time?
    5·1 answer
  • Liability coverage is _____.    
    13·2 answers
  • Opportunity cost refers to _________.a. current economic conditions. b. your personal values.c. trade-offs when a decision is ma
    12·1 answer
  • Red Co. reported cash paid for interest of $55,000 in its statement of cash flows for the current year. Red did not capitalize a
    15·1 answer
  • Why does demand generally become more elastic over time?a. people don't change their shopping behavior over timeb. few substitut
    14·1 answer
  • The following list of statements about corporations are given below.
    8·1 answer
  • Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
    6·1 answer
  • In this firm commitment offering who bears the financial risk? Who would bear the risk in a best efforts offering?
    6·1 answer
  • Call to actions are used in ads to...
    14·1 answer
  • In the 2016 election cycle, campaigns were expected spent over $4 billion on television advertisements. how effective, generally
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!