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Find the cost, at the day's closing price, for the stock purchase

Find the cost, at the day's closing price, for the stock purchase

Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter18: Cost-volume-profit Analysis (cvp)
Section: Chapter Questions
Problem 2R: Open the file CVP from the website for this book at cengagebrain.com. Enter the formulas where...
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Find the cost, at the day's closing price, for the stock purchase below. Include typical discount broker commissions as described in the table, using Broker B. Stock Symbol: GFB Number of Shares: 2300 Transaction Type: Automated (Online) The cost for the stock purchase is $ (Simplify your answer.)
Stock Table Company Incentive Corp Farmer's Bank Second Bank Greenfield Bank Ability Corp Symbol Open ITE FAB SND GFB ABCO High Low Close Net 79.87 84.35 78.15 81.84 62.17 66.53 61.28 63.92 299.89 310.78 293.17 304.87 259.14 263.06 242.47 251.02 281.56 306.05 277.61 292.86 % Change Change 1.84 1.22% -0.87 0.71% 1.38 0.03% -1.03 -0.12% 7.78 0.58% PE Volume 52-WK 52-Wk Annual Dividend High Div Low Yield 3.77 0.06% 23.36 91.62 75.96 11,182,500 3.13 72.97 60.61 48,256,800 0.61 6,045,800 325.54 266.55 0.48 42,219,400 269.75 227.97 3.05 92,350,200 310.84 259.96 0.29% 26.79 0.02% 26.88 0.05% 28.97 0.04% 18.59 YTD % Change 9.41% - 1.28% 10.24% 19.44% 21.73%
Transcribed Image Text:Stock Table Company Incentive Corp Farmer's Bank Second Bank Greenfield Bank Ability Corp Symbol Open ITE FAB SND GFB ABCO High Low Close Net 79.87 84.35 78.15 81.84 62.17 66.53 61.28 63.92 299.89 310.78 293.17 304.87 259.14 263.06 242.47 251.02 281.56 306.05 277.61 292.86 % Change Change 1.84 1.22% -0.87 0.71% 1.38 0.03% -1.03 -0.12% 7.78 0.58% PE Volume 52-WK 52-Wk Annual Dividend High Div Low Yield 3.77 0.06% 23.36 91.62 75.96 11,182,500 3.13 72.97 60.61 48,256,800 0.61 6,045,800 325.54 266.55 0.48 42,219,400 269.75 227.97 3.05 92,350,200 310.84 259.96 0.29% 26.79 0.02% 26.88 0.05% 28.97 0.04% 18.59 YTD % Change 9.41% - 1.28% 10.24% 19.44% 21.73%
Broker Commissions Table Brokerage Firm A Brokerage Firm B Brokerage Firm C Broker Commissions Table Automated (Online) Automated (Phone) $3.95 $7.95 $5.95 $7.95 $33.99 $9.95 Broker- Assisted $31.95 $43.99 $29.95
Transcribed Image Text:Broker Commissions Table Brokerage Firm A Brokerage Firm B Brokerage Firm C Broker Commissions Table Automated (Online) Automated (Phone) $3.95 $7.95 $5.95 $7.95 $33.99 $9.95 Broker- Assisted $31.95 $43.99 $29.95
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