Calculate the amount of gain or loss on the sale


An investor purchased 549 shares of common stock, $27.00 par, for $49.00. Subsequently, 95 shares were sold for $60.00 per share. What is the amount of gain or loss on the sale (round to two decimal points)?

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Accounting Basics: Calculate the amount of gain or loss on the sale
Reference No:- TGS0705923

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