An investor purchased 500 shares of common stock, $25 par, for $21,750. subsequently, 100 shares were sold for $49.50 per share. what is the amount of gain or loss on the sale?
1) $12,750 gain
2) $600 gain
3) $600 loss
4) $9,250 loss

correct option is 2) $600 gain

Explanation:

given data

common stock = 500 shares

par value = $25

sold = 100 share

per share = $49.50

solution

we get here first sale proceed of share that is

sale proceed of share = 100 share × $49.50 per share

sale proceed of share amount  = $4950

and cost of share will be

cost of share = 100 share × $43.50 per share

cost of share = $4350

so here we get gain on sale of share that is

gain = $4950 - $4350

gain on sale = $600

so correct option is 2) $600 gain

3rd the reason why is because of management and leadership

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!