subject
Business, 06.08.2019 01:20 melissalopez12

You invested $5000 of your own money and borrowed $5000 from your broker to purchase shares of a company trading at a share price of $2. you paid 10% interest on your borrowed money for one year. you sold the stock one year later for $1.72. how much money in total did you lose on this transaction including the interest you paid?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:20
What is the most direct result of free trade supplying productive resources to areas where they're most needed? a. enhanced efficiency b. lower interest rates c. increasing specialization d. greater competition 2b2t
Answers: 3
question
Business, 22.06.2019 02:20
Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?
Answers: 2
question
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
question
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
You know the right answer?
You invested $5000 of your own money and borrowed $5000 from your broker to purchase shares of a com...
Questions
question
Health, 21.10.2019 15:00
question
Mathematics, 21.10.2019 15:00
question
Mathematics, 21.10.2019 15:00
question
Mathematics, 21.10.2019 15:00