QUESTION 8 Interest rates cripple share price of this long time maker of medicines. Today's price is $5 a share. Trading range is trom $5 to $40 What would be the investor's net proft is he or she bought 7,500 shares at todays price and sold them at $40 a share? $7.500 none of these $300,000 $262,500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 7
Evakate 00 unit complex available trom pension und that foredosed on builderkowner. On-site management in place. 66% ROL, may sel for
$1,500,000 to $2,700,000.
Cost $1200,000
Down payment S200,000
Mortgage $1,000,000
Cashtow $11,000
Which of the following statements best describes this deal?
positive cashtow of$1,000
negative cashtow of $1,500,000
Capital gains of $200,000
positive cashtow of S2,700,000
QUESTION 8
Interest rates cripple share price of this long time maker of medicines. Today's price is $5 a share. Trading range is trom $5 to $40
What would be the investor's net proft is he or she bought 7,500 shares at todays price and sold them at $40 a share?
$7,500
none of these
$300,000
$262,500
Transcribed Image Text:QUESTION 7 Evakate 00 unit complex available trom pension und that foredosed on builderkowner. On-site management in place. 66% ROL, may sel for $1,500,000 to $2,700,000. Cost $1200,000 Down payment S200,000 Mortgage $1,000,000 Cashtow $11,000 Which of the following statements best describes this deal? positive cashtow of$1,000 negative cashtow of $1,500,000 Capital gains of $200,000 positive cashtow of S2,700,000 QUESTION 8 Interest rates cripple share price of this long time maker of medicines. Today's price is $5 a share. Trading range is trom $5 to $40 What would be the investor's net proft is he or she bought 7,500 shares at todays price and sold them at $40 a share? $7,500 none of these $300,000 $262,500
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