Carlo Elise bought a stock namely Joy and Empoy Corp. whose market price is Php102.50 and Php220.00 respectively. On March 26 he sold half of his portfolio for Joy Corp. and Empoy Corp at a market price of Php105.75 and Php248.50 respectively. On July 07 he sold the remaining shares of 50 for Joy Corp. and 500 shares for Empoy Corp at Php101.50 and Php220. 1. How much is the cash outlay for Joy Corp. stocks? 2. How much is the cash outlay for Empoy Corp. stocks? 3. How much is the cash receivable for Joy Corp. stocks on March 26?
Carlo Elise bought a stock namely Joy and Empoy Corp. whose market price is Php102.50 and Php220.00 respectively. On March 26 he sold half of his portfolio for Joy Corp. and Empoy Corp at a market price of Php105.75 and Php248.50 respectively. On July 07 he sold the remaining shares of 50 for Joy Corp. and 500 shares for Empoy Corp at Php101.50 and Php220. 1. How much is the cash outlay for Joy Corp. stocks? 2. How much is the cash outlay for Empoy Corp. stocks? 3. How much is the cash receivable for Joy Corp. stocks on March 26?
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 50P
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Carlo Elise bought a stock namely Joy and Empoy Corp. whose market price is Php102.50 and Php220.00 respectively. On March 26 he sold half of his portfolio for Joy Corp. and Empoy Corp at a market price of Php105.75 and Php248.50 respectively. On July 07 he sold the remaining shares of 50 for Joy Corp. and 500 shares for Empoy Corp at Php101.50 and Php220.
1. How much is the cash outlay for Joy Corp. stocks?
2. How much is the cash outlay for Empoy Corp. stocks?
3. How much is the cash receivable for Joy Corp. stocks on March 26?
4. How much is the total cash receivable of Carlo Elise on March 26?
5. How much is the gain (loss) for Joy Corp. stock transaction?
6. How much is the gain (loss) for Empoy Corp. stock transaction?
7. How much is the gain (loss) for Carlo Elise investment portfolio?
8. How much is the total stock transaction tax when Carlo Elise bought the Joy Corp. Stocks on?
9. How much is the total cash receivable of Carlo Elise investment portfolio on July 07?
10. How much is the total cash outlay of Carlo Elise investment portfolio?
11. What is the rate of return of Carlo Elise for Joy Corp. Stocks?
12. What is the rate of return of Carlo Elise for Empoy Corp. Stocks?
13. What is the rate of return of Carlo Elise investment portfolio?
14. How much is the total stock transaction tax when Carlo Elise bought the Empoy Corp. Stocks on?
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