Cards in this guide (25)
If you buy 1000 shares of a stock with a 10 Commission and then sell 100 of it with a commission of 10 and then sell 900 later with a 10 comission what is the cost basis of the 100 and 900 shares sold
To determine cost basis you want to take the total amount paid +
commission and calculate your cost per share. Lets say the stock
was $10 per share and you bought 1000 shares with a commission of
$10. Total cost would be $10,010. Divide that number by 1000 to get
your cost per share. This equals $10.01 per share. If you sold 100
shares your cost basis is $1001. If you sold 900 shares your cost
basis is $9009.
To go one step further when you sell the stock subtract the
commission from the sales proceeds. If you sold 100 shares of the
stock at $15 with a $10 dollar commission then your total sales
proceeds will be $1490. Now just take the sales proceeds of $1490 -
the cost basis of $1001 to determine your capital gains or losses.
In this example you have a gain of $489. Use this same process to
determine gains and losses for the other 900 shares.
To whom and how are dividends usually paid
Dividends are usually paid to the investors of a company. These
are paid on an annual or, more commonly, a quarterly basis.
What is a certificate of ownership in a corporation
A certificate of ownership in a corporation can be either a
stock or share, depending on how you buy in and how the corporation
is set up.
Which term refers to a business owned and controlled by two or more people
What is the corporate charter number
what is the corporate charter number
Which term refers to the money paid to corporate investors in return for their investment
What is a certificate of indebtedness by a corporation to the holder
Which term refers to the money that remains after all the costs of production have been paid
Which of these business organizations is treated by law as if it were an individual person
What is John's annual yield when John buys a 1000 bond that pays 6 percent annual interest at 75
Which of the following is an advantage of a partnership over a sole proprietorship
The question is incomplete. There are no options given (for
"which of the following") to answer this question.
How many square feet o carpet do you need to buy if you have 3 rooms that are 12ft by 12ft and 2 rooms that are 15ft by 20ft
= (3 rooms X 12 ft X 12 ft) + (2 rooms X 15 ft X 20 ft)
= (3 X 144 ft^2) + (2 X 300 ft^2)
= (432 + 600) ft^2 = 1032 square ft
OR you can write this as 1032 ft^2, which is just feet raised to
the second power.
What is the business organizations is most likely to exist after the death of the founder
Which of these is an element of a bond Business
An element of bond business is a face value similar to the
principal amount of loan.
Which refers to the fluctuations of growth and decline in an economy
Which type of graph is also commonly used to compare stock prices
Which of these statements refers to the law of supply
producers will supply as the good price
Producers will supply more of a product as the price goes up.
A+
Which type of graph uses symbols to relate to data
Which of these is another term for a free enterprise system
Which type of graph does not have an X- and a Y-axis
Which economist was among the first to explain how a pure market economy works
On which type of graph is data plotted by a point on the graph
line graph :))))))))))))))
In the metric system basic units are multiplied or divided by what amount to get larger and smaller units
In the metric system basic units are multiplied or divided by 10
to get larger and smaller units
According to the U.S. Small Business Administration approximately what percentage of small businesses fails within the first five years
Which of the following is the best description of a consumer good
It is something tangible that can be touched or carried