How much gain (or loss) resulted from the sale

Reference no: EM131426443

A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?

Reference no: EM131426443

Questions Cloud

Daily contact with line employees : What are some of the things managers can learn by walking around and having daily contact with line employees that they might not be able to learn from looking at data and reports?

Identify ways gender differences are maintained in the us : Describe gender roles. Identify ways gender differences are maintained in the United States. Summarize the Feminist Movement in the United States. How has this movement evolved to today?

Probability that more than 25 of firefighters are volunteers : Find the probability that exactly 22 of the firefighters are volunteers.- Find the probability that more than 25 of the firefighters are volunteers.

Probability that the shipment will be rejected : Suppose the claim is true: The actual proportion of defectives is p 5 0.02. What is the probability that the shipment will be rejected?

How much gain (or loss) resulted from the sale : A person owned 400 shares of XYZ common stock which cost $20,000. XYZ then had a 2-for-1 stock split. After the split, the person sold 100 shares for $10,000. How much gain (or loss) resulted from the sale?

Mean of number of canadian who believe penny is nuisance : Find the mean, variance, and standard deviation of the number of Canadians who believe the penny is a nuisance.- What is the probability that at most three Canadians believe the penny is a nuisance?

Discuss about an explanation of the specific socioeconomic : An explanation of the specific socioeconomic, spiritual, lifestyle, and other cultural factors associated with the case below. Explain the issues that you would need to be sensitive to when interacting with the patient, and why. Provide at least f..

What is the evidence ratio for the new technology : Based on the definition of evidence ratio in the previous paragraph, what is the evidence ratio for the currently installed system? What is the evidence ratio for the new technology? Which technology is better? Existing technology or new technology..

Probability of happening given a barracks inspection : If every member of a 10-cadet unit has no violations, then each will receive a weekend pass. What is the probability of this happening following a barracks inspection?

User Account

All Pages