Ask Question
BusinessBusiness
22 June, 16:59

A person buys 40 shares of stock at $10 a share and sells them at $20 a share. Excluding any brokerage fee, this transaction resulted in a

+3
Answers (1)
  1. 22 June, 17:26
    0
    This transaction resulting in a gain situation. The investor received the gain amounting $400 from his/her investment. There are two kinds of return resulted in stock investment, which is the capital gain and the dividend. Capital gain is the investment return emerged from a difference between the stock price at a specified amount of time and dividend is the attributed portion of company's income to its investors.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A person buys 40 shares of stock at $10 a share and sells them at $20 a share. Excluding any brokerage fee, this transaction resulted in a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The amount of time that a drive-through bank teller spends on a customer is a random variable with a mean µ = 3.2 minutes and a standard deviation σ = 1.6 minutes.
Answers (1)
Bargain Central Furniture, Inc., completed the following treasury stock transactions: a. purchased 1,300 shares of the company's $1 par common stock as treasury stock, paying cash or $6 per share. b.
Answers (1)
Vertically integrated firms can use transfer pricing Question 5 options: A) to avoid government price controls. B) to shift profit. C) to avoid paying market prices for inputs.
Answers (2)
In previous years, Cox Transport reacquired 3 million treasury shares at $22 per share and, later, 2 million treasury shares at $27 per share.
Answers (1)
According to sowell, economics is the study of how economic resources, such as land, labor, or capital, are deployed.
Answers (1)
New Questions in Business
If Tommy started work at 7 a. m. and left at 2:45p. m., how many hours should he record for the day on his time card?
Answers (2)
Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). However, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due).
Answers (1)
Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs are called
Answers (1)
The Wheeler-Lea Act empowered the FTC to regulate the advertising of food and drugs. It declared all misleading, unfair, or deceptive practices to be illegal, regardless of injury to competition. a. True b. False
Answers (1)
Along with higher return comes
Answers (1)
Home » Business » A person buys 40 shares of stock at $10 a share and sells them at $20 a share. Excluding any brokerage fee, this transaction resulted in a
Sign Up Forgot Password?