Calculate the total cost, proceeds, and gain (or loss) (in $) for the stock market transaction.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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Calculate the total cost, proceeds, and gain (or loss) (in $) for the stock market transaction.
Company Number of
Shares
Purchase
Price
Selling
Price
Commissions Total
Cost
Proceeds Gain
(or Loss)
Buy Sell Odd Lot
an oil company 100 $45.20 $54.06 3% 3%  
 
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