document.write( "Question 1126569: Mr. Davies purchased 500 shares of stock at 43.69, recieved a dividend of 37 cents per share, and then sold 300 shares at 49. He then recieved a dividend of 75 cents per share on the remaining stock and subsequently sold the remaining shares at 51.25. Find his profit. \n" ); document.write( "

Algebra.Com's Answer #742898 by josmiceli(19441) $\"\"$ $\"About$

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Purchase price foe 500 shares:
\n" ); document.write( " $\"+500%2A43.69+=+21845+\"$
\n" ); document.write( "1st dividend:
\n" ); document.write( " $\"+500%2A.37+=+185+\"$
\n" ); document.write( "Sold 300 shares:
\n" ); document.write( " $\"+300%2A49+=+14700+\"$
\n" ); document.write( "2nd dividend:
\n" ); document.write( " $\"+200%2A.75+=+150+\"$
\n" ); document.write( "Sold remaining shares:
\n" ); document.write( " $\"+200%2A51.25+=+10250+\"$
\n" ); document.write( "--------------------------------
\n" ); document.write( "profit = $\"+10250+%2B+150+%2B+14700+%2B+185+-+21845+\"$
\n" ); document.write( "profit = $\"+3440+\"$
\n" ); document.write( "check the math\r
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

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