Zach bought 200 shares of Goshen stock 20 years ago for $21.35 per share. He sold all 200
shares today for $43 per share.
a. What was the total purchase price for the 200 shares?

b. What was the total selling price for the 200 shares?

C. What was the capital gain for the 200 shares?

Answers

Answer 1

Answer:

4,330

Step-by-step explanation:

Multiply 21.35 times 200 and you get 4,270, then multiply 200 times 43 and you will get 8,600. then subtract and you will get 4,330

Answer 2

The answers are :

a) The total purchase price for the 200 shares was $4270.

b) The total selling price for the 200 shares was $8600.

c) The capital gain for the 200 shares was $4330.

What is the unitary method ?

The unitary method is a method in which you find the value of one unit and then the value of a required no. of units.

It is given that 20 years ago Zach bought 200 shares.

Price of 1 share = $21.35

a)

The total purchase price for the 200 shares was :

= 200 × $21.35

= $4270

b)

It is given that Zach sold 200 shares today.

Price of 1 share = $43

The total selling price for the 200 shares was :

= 200 × $43

= $8600

c)

The capital gain for the 200 shares was :

= $8600 - $4270

= $4330

Therefore , the answers are :

a) The total purchase price for the 200 shares was $4270.

b) The total selling price for the 200 shares was $8600.

c) The capital gain for the 200 shares was $4330.

Learn more about unitary methods here :

https://brainly.com/question/8083231

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Step-by-step explanation:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

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learn more unitary method here :

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Answers

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