1. Profit on this stock transaction: 2. Percentage return on investment: %

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter8: Consolidated Tax Returns
Section: Chapter Questions
Problem 37P
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During 9, Amy Gonzalez purchased 175 shares of common stock issued by New Generation Electronics for $5200 including commission. Later in
the same year, Amy sold the shares for $6000 after commission. Calculate the following. (Round all answers to two decimal places.)
1. Profit on this stock transaction:
(0)
2. Percentage return on investment:
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O 2020 McGraw-Hill Education. All Rights Reserved.
Terms of Use | Privacy |
DEC
10
MacBook Pro
DII
F3
F4
F7
F9
%23
%24
%
Transcribed Image Text:During 9, Amy Gonzalez purchased 175 shares of common stock issued by New Generation Electronics for $5200 including commission. Later in the same year, Amy sold the shares for $6000 after commission. Calculate the following. (Round all answers to two decimal places.) 1. Profit on this stock transaction: (0) 2. Percentage return on investment: Continue Submit Assig O 2020 McGraw-Hill Education. All Rights Reserved. Terms of Use | Privacy | DEC 10 MacBook Pro DII F3 F4 F7 F9 %23 %24 %
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