Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. john bought 2,100 shares of intel stock on october

John bought 2,100 shares of Intel stock on October 18, 2014, for $52 per share...

80.2K

Verified Solution

Question

Accounting

image

John bought 2,100 shares of Intel stock on October 18, 2014, for $52 per share plus a $750 commission he paid to his broker. On December 12, 2018, he sells the shares for $75.50 per share. He also incurs a $1,000 fee for this transaction Problem 7-41 Part-c C-1. What is the gain/loss for John on the sale of his Intel stock

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

1. You are given the graph of a function f defined on the interval (?1, ?). Find...

Electrical Engineering
1.2K views

Explain linear convolution for continuous and discrete domain signals? provide an example for each case.

General Management
1.2K views

1. There are two options, start with technology and look for a business application or start...

Biology
1.2K views

Which of the following describes the way in which phosphorylation cascades can improve signal transduction...

Basic Math
1.2K views

4 B a a b Part 1 of 3 Point Use the right triangle and...

Basic Math
1.2K views

In Exercises 50-160, find the focus and directrix of theparabola with the given equation. Then...

Basic Math
1.2K views

A man looks to the top of a hill and finds the angle of elevation...

Calculus
1.2K views

Find the leading coefficient of the following polynomial 7 2x 3x x

Accounting
1.2K views

Adventure Company uses the aging of accounts receivable method...

Accounting
1.2K views

If the Malabar Yacht Club expense includes a rent of $2,000 plus a charge of...

Accounting
1.2K views

Instructions For each independent situation above, prepare tHe ap redemption or conversion of the bonds....

Accounting
1.2K views

The pety cash fund of $205 for The Ayayai Comapany appeared as follows on December...