Contemporary Mathematics for Business and Consumers
7th Edition
ISBN: 9781285189758
Author: Robert Brechner, George Bergeman
Publisher: Cengage Learning
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Textbook Question
Chapter 20, Problem 19AT
You purchase 350 shares of Universal Metals common stock at $12.38 per share. A few months later you sell the shares at $9.88. Your stockbroker charges
a. What is the total cost of the purchase?
b. What are the proceeds on the sale?
c. What is the gain (or loss) on the transaction?
Expert Solution & Answer
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Students have asked these similar questions
A: Tan Latitude / Tan P
A = Tan 04° 30'/ Tan 77° 50.3'
A= 0.016960 803 S CA named opposite to latitude,
except when hour angle between 090° and 270°)
B: Tan Declination | Sin P
B Tan 052° 42.1'/ Sin 77° 50.3'
B = 1.34 2905601 SCB is alway named same as
declination)
C = A + B = 1.35 9866404 S CC correction, A+/- B:
if A and B have same name - add, If
different name- subtract)
=
Tan Azimuth 1/Ccx cos Latitude)
Tan Azimuth = 0.737640253
Azimuth
=
S 36.4° E CAzimuth takes combined
name of C correction and Hour Angle - If LHA
is between 0° and 180°, it is named "west", if
LHA is between 180° and 360° it is named "east"
True Azimuth= 143.6°
Compass Azimuth = 145.0°
Compass Error = 1.4° West
Variation 4.0 East
Deviation: 5.4 West
A: Tan Latitude / Tan P
A = Tan 04° 30'/ Tan 77° 50.3'
A= 0.016960 803 S CA named opposite to latitude,
except when hour angle between 090° and 270°)
B: Tan Declination | Sin P
B Tan 052° 42.1'/ Sin 77° 50.3'
B = 1.34 2905601 SCB is alway named same as
declination)
C = A + B = 1.35 9866404 S CC correction, A+/- B:
if A and B have same name - add, If
different name- subtract)
=
Tan Azimuth 1/Ccx cos Latitude)
Tan Azimuth = 0.737640253
Azimuth
=
S 36.4° E CAzimuth takes combined
name of C correction and Hour Angle - If LHA
is between 0° and 180°, it is named "west", if
LHA is between 180° and 360° it is named "east"
True Azimuth= 143.6°
Compass Azimuth = 145.0°
Compass Error = 1.4° West
Variation 4.0 East
Deviation: 5.4 West
Direction: Strictly write in 4 bond paper, because my activity
sheet is have 4 spaces. This is actually for maritime.
industry course, but I think geometry can do this.
use nautical almanac.
Sample Calculation (Amplitude- Sun):
On 07th May 2006 at Sunset, a vesel in position 10°00'N
0 10°00' W observed the sun bearing 288° by compass. Find
the
compass error.
LMT Sunset
07d
18h
13m
(+)00d
00h
40 м
LIT:
UTC Sunset:
07d
18h
53 m
added - since
longitude is
westerly
Declination Co7d 18h): N016° 55.5'
d(0.7):
(+)
00-6
N016 56.1'
Declination Sun:
Sin Amplitude Sin Declination (Los Latitude
- Sin 016° 56.1'/Cos 10°00'
= 0.295780189
Amplitude = WI. 2N (The prefix of amplitude is
named easterly if body is rising.
and westerly of body is setting.
The suffix is named came as
declination.)
True Bearing: 287.20
Compass Bearing
288.0°
Compass Error: 0.8' West
Chapter 20 Solutions
Contemporary Mathematics for Business and Consumers
Ch. 20.I - Techron Industries, Inc., has 1,400,000 shares of...Ch. 20.I - Prob. 2TIECh. 20.I - Prob. 3TIECh. 20.I - Prob. 4TIECh. 20.I - Bentley Systems. Inc., paid a dividend of $0.68...Ch. 20.I - Prob. 6TIECh. 20.I - You purchase 225 shares of Gulfstream Industries...Ch. 20.I - Prob. 1RECh. 20.I - Prob. 2RECh. 20.I - Prob. 3RE
Ch. 20.I - Prob. 4RECh. 20.I - Prob. 5RECh. 20.I - Prob. 6RECh. 20.I - Prob. 7RECh. 20.I - Prob. 8RECh. 20.I - Prob. 9RECh. 20.I - Prob. 10RECh. 20.I - Prob. 11RECh. 20.I - Prob. 12RECh. 20.I - Prob. 13RECh. 20.I - Prob. 14RECh. 20.I - Prob. 15RECh. 20.I - Prob. 16RECh. 20.I - Prob. 17RECh. 20.I - Prob. 18RECh. 20.I - Prob. 19RECh. 20.I - Calculate the total cost, proceeds, and gain (or...Ch. 20.I - Prob. 21RECh. 20.I - Prob. 22RECh. 20.I - Prob. 23RECh. 20.I - Prob. 24RECh. 20.I - Prob. 25RECh. 20.I - Prob. 26RECh. 20.I - 27. Apex Developers. Inc., has 1,800,000 shares of...Ch. 20.I - Prob. 28RECh. 20.I - 29. You purchase 650 shares of Sunrise Electric...Ch. 20.I - Though investing all at once works best when stock...Ch. 20.II - Using Exhibit 20-5. Corporate Bond Quotation...Ch. 20.II - Prob. 9TIECh. 20.II - Prob. 10TIECh. 20.II - Prob. 11TIECh. 20.II - Prob. 1RECh. 20.II - Prob. 2RECh. 20.II - Prob. 3RECh. 20.II - Prob. 4RECh. 20.II - Prob. 5RECh. 20.II - Prob. 6RECh. 20.II - Prob. 7RECh. 20.II - Prob. 8RECh. 20.II - Prob. 9RECh. 20.II - Prob. 10RECh. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Calculate the accrued interest and the total...Ch. 20.II - Prob. 13RECh. 20.II - Prob. 14RECh. 20.II - Prob. 15RECh. 20.II - Prob. 16RECh. 20.II - Prob. 17RECh. 20.II - Prob. 18RECh. 20.II - Prob. 19RECh. 20.II - Prob. 20RECh. 20.II - Prob. 21RECh. 20.II - Prob. 22RECh. 20.II - Prob. 23RECh. 20.II - Prob. 24RECh. 20.II - Prob. 25RECh. 20.III - Using Exhibit 20-6, Mutual Fund Quotation Table,...Ch. 20.III - Prob. 13TIECh. 20.III - Prob. 14TIECh. 20.III - Prob. 15TIECh. 20.III - Prob. 16TIECh. 20.III - Prob. 1RECh. 20.III - Prob. 2RECh. 20.III - Prob. 3RECh. 20.III - Prob. 4RECh. 20.III - Prob. 5RECh. 20.III - Prob. 6RECh. 20.III - Prob. 7RECh. 20.III - Prob. 8RECh. 20.III - Prob. 9RECh. 20.III - Prob. 10RECh. 20.III - Prob. 11RECh. 20.III - Prob. 12RECh. 20.III - Prob. 13RECh. 20.III - Prob. 14RECh. 20.III - Prob. 15RECh. 20.III - Prob. 16RECh. 20.III - Prob. 17RECh. 20.III - Prob. 18RECh. 20.III - Prob. 19RECh. 20.III - Prob. 20RECh. 20.III - Prob. 21RECh. 20.III - Prob. 22RECh. 20.III - Calculate the total cost, proceeds, total gain (or...Ch. 20.III - Prob. 24RECh. 20.III - Prob. 25RECh. 20.III - Prob. 26RECh. 20.III - Prob. 27RECh. 20.III - Prob. 28RECh. 20.III - Prob. 29RECh. 20.III - BUSINESS DECISION: CAPITAL GAINS
30. There are...Ch. 20 - Prob. 1CRCh. 20 - Prob. 2CRCh. 20 - Prob. 3CRCh. 20 - Prob. 4CRCh. 20 - Prob. 5CRCh. 20 - Prob. 6CRCh. 20 - Prob. 7CRCh. 20 - A _____ is a loan, or an IOU, in the form of an...Ch. 20 - Prob. 9CRCh. 20 - 10. Write the formula used to calculate the...Ch. 20 - Prob. 11CRCh. 20 - Prob. 12CRCh. 20 - Prob. 13CRCh. 20 - Prob. 14CRCh. 20 - Prob. 1ATCh. 20 - Prob. 2ATCh. 20 - Prob. 3ATCh. 20 - Prob. 4ATCh. 20 - Prob. 5ATCh. 20 - Prob. 6ATCh. 20 - Prob. 7ATCh. 20 - Prob. 8ATCh. 20 - Prob. 9ATCh. 20 - Prob. 10ATCh. 20 - Prob. 11ATCh. 20 - Prob. 12ATCh. 20 - Calculate the total cost, proceeds and gain (or...Ch. 20 - Prob. 14ATCh. 20 - Prob. 15ATCh. 20 - 16. The board of directors of Micro-Fine...Ch. 20 - Prob. 17ATCh. 20 - Prob. 18ATCh. 20 - 19. You purchase 350 shares of Universal Metals...Ch. 20 - Prob. 20ATCh. 20 - Prob. 21ATCh. 20 - Prob. 22ATCh. 20 - Prob. 23ATCh. 20 - Prob. 24ATCh. 20 - Prob. 25ATCh. 20 - Calculate the accrued interest and the total...Ch. 20 - Prob. 27ATCh. 20 - Prob. 28ATCh. 20 - Prob. 29ATCh. 20 - Prob. 30ATCh. 20 - Prob. 31ATCh. 20 - Prob. 32ATCh. 20 - Prob. 33ATCh. 20 - 34. On May 1. Emerson Fast bought 10 Manitoba...Ch. 20 - Prob. 35ATCh. 20 - Prob. 36ATCh. 20 - Prob. 37ATCh. 20 - Prob. 38ATCh. 20 - Prob. 39ATCh. 20 - Prob. 40ATCh. 20 - Prob. 41ATCh. 20 - Prob. 42ATCh. 20 - Prob. 43ATCh. 20 - Prob. 44ATCh. 20 - Prob. 45ATCh. 20 - Prob. 46ATCh. 20 - Prob. 47ATCh. 20 - Prob. 48ATCh. 20 - Prob. 49AT
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