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1. Based on the cash flow statement and personal balance sheet, do the Sampsons have adequate liquidity to cover their recurring cash flows and planned monthly savings in the long-run? If not, what level of savings should they maintain for liquidity purposes?
2. Advise the Sampsons on money market investments they should consider to provide them with adequate liquidity.
1. Selling Stock with Commissions At your full-service brokerage firm, it costs $126 per stock trade. How much money do you receive after selling 300 shares of Ralph Lauren (RL), which trades at $85.19?
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