Asked by Anonymous

Jo Bower owns 150 shares of Data General stock. She purchased the stock for $24 a share. She sold her stock for $30 a share. The commissions required to buy and sell her stock totaled $120. Assuming that she received no dividends during the time she owned the stock, what is her total return for this transaction? A. $600B. $780 C. $900D. $2,400
Answer is c $900

Answers

Answered by Ms. Sue
No. You forgot to take the commission from her $900 profit.

Answered by Ryan
150x6=900-120=780
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