Workers being paid on commission are stressed over the amount of earning they will have.O Workers being paid on commission increase the accounting costs of the employer.Joey paid a total of $12,500 for stock that was $4 per share. If he sold his shares for$20,312.50, how much profit on each share did he make?(2 Points)The value must be a number7Carol's total job benefits were $62,250 last year. Her total job expenses for travelingfood for the year were $7,530. What was her total employment compensation?

Profit per share (in amount) = $2.5 Profit per share (in percentage) = 62.5%

Answered: Joey paid a total of $12,500 for stock…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Darlene owns 90 shares of stock with basis of $5400at $60 per share . If the stock splits three for one,how many shares will Penny own,and what will be the amount of hervnew basis per share?
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Marty Market owns 200 shares of Light Bulb Utility. The company pays a $6 per share dividend and the share price is $ 156. How many shares would Marty need to sell to create a homemade dividend of $15 per share?
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Joey paid a total of $12,500 for stock that was $4 per share. If he sold his shares for $20,312.50, how much profit on each share did he make? (2 Points)