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. $600 b. $780 c. $900 d. $2,400

$780.

Step-by-step explanation:

Jo Bower owns 150 shares of Data General stock.

She purchased the stock for $24 a share.

So, cost of purchasing 150 shares =

                                                         =

She sold her stock for $30 a share.

So. she sold 150 shares of amount =

                                                         =

So, Profit = SP-CP

Profit = $4500-$3600

Profit = $900

The commissions required to buy and sell her stock totaled $120.

So,  her total return for this transaction = 900-120

                                                                =780

Hence, Her total return for this transaction is $780.

3

step-by-step explanation:

you could deduce the conclusion directly using the facts pertaining to the specific situation.

hope this .