1. What is the major difference between a negotiated purchase and a competitive bid purchase?
2. The financial break-even point determines which one of these values? Total sales Sales price Variable cost per unit Fixed costs Sales quantity.
3. You purchased 100 shares of General Motors stock of at a price of $100.36 one year ago. You sold all stocks today for $100.65. During the year, the stock paid dividends of $4.45 per share. What is your holding period return?