1. Nicco owns 6,000 shares of a company at P780 per share. He also owns 25,000 shares for another company at P260 per share. In which company is the total value of her share greater? Explain how you know which is greater. 2. On July 1, 2019, Aldrin bought 600 shares of ABC stocks at P450 per share. He sold half of his shares on August 3, 2019, for P470. How much money did he gain or lose on the investment?
1. Nicco owns 6,000 shares of a company at P780 per share. He also owns 25,000 shares for another company at P260 per share. In which company is the total value of her share greater? Explain how you know which is greater. 2. On July 1, 2019, Aldrin bought 600 shares of ABC stocks at P450 per share. He sold half of his shares on August 3, 2019, for P470. How much money did he gain or lose on the investment?
Chapter16: Property Transactions: Capital Gains And Losses
Section: Chapter Questions
Problem 1RP
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