You sell 300 shares of stock at a price of 6788 and incur


1. You sell 300 shares of stock at a price of 67.88 and incur brokerage fees totaling $214. Calculate your net proceeds.

$20,578

$20,150

$281.88

Another amount

2. ABC stock is selling for $55 per share. Earnings per share are $4.82. What is the PE ratio? Use one decimal place in your answer.

11.4

0.1

11.2

0.2

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Financial Management: You sell 300 shares of stock at a price of 6788 and incur
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