Samsing Inc pays $18,000 to buy stock in another company and an additional $350 in commissions. Three months later, Samsing sells the stock for $19,000 . At the time of sale, Samsing will recognize a:
a. A $650 loss
b. A $1,000 gain
c. A $350 loss
d. A $650 gain
d
Business
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For a market challenger, attacking ________ is a high risk but potentially high payoff strategy, which also allows it to distance itself from other challengers
A) a firm of its own size B) the market leader C) a regional firm D) an underfinanced firm E) a poorly performing firm
Business
Kinlin, a furniture retailer, has a contract with William, a carpenter. The agreement states that William must deliver five tables and that Kinlin would pay $2,000 per table
However, William manages to deliver only four tables and Kinlin needs to buy the fifth table from another supplier for $3,000. How much money can Kinlin recover from William? A) $10,000 B) $2,000 C) $3,000 D) $1,000
Business