Weegy: If the Buzz Tool Company has just declared an annual dividend of $5.00 per share, The dividend be on 20 shares will be $5.00 ? 20 = $100.00.
User: Suppose you paid 411 8 for 72 shares of Buzz stock and sold them at 491 4. The total brokerage fee was 1 8 dollar per share and all other charges amounted to $32.52.
a. What was the amount of your profit?
b. What was the percent of profit, based on your investment?
Weegy: Suppose you paid 411 8 for 72 shares of Buzz stock and sold them at 491 4. [ The total brokerage fee was 1 8 dollar per share and all other charges amounted to $32.52
You sell one share for 49 1/4 and your cost is 41 1/8 ;Your profit is 49 1/4 -41 1/8 = $8. * 72 =$576. - $32.52 = $543.48 ; Total investment is 72 * 41 1/8 = $2961
Selling Price:
$49.25 ? 72 = $3,546.00
Total brokerage fee:
$0.125 ? 72 = $9.00
Total expenses:
$9.00 + $ 32.52 = $41.52
Profit: $3,546.00 - $41.52 - $2,961.00 = $543.48
b. Percent: $543.48 ? $2,961.00 = 0.1835, or 18.4% ]
User: State whether each of the following is primarily a savings (S), investment (I), or retirement (R) device by assigning the appropriate letter to each.
a. Corporation bonds
b. IRA
c. US Series EE bonds
d. Savings account
e. Common stock
f. Mutual funds
g. Credit union
h. Savings and loan association
(More) 