How much money did it cost to buy these shares
You would like to buy shares of Ralph Lauren (RL). The current bid and ask quotes are $85.13 and $85.20, respectively. You place a market buy-order for 500 shares that executes at these quoted prices. How much money did it cost to buy these shares?
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Triplette, Corp. began the year 2008 with -$5 million in retained earnings. The firm earned net income of $10 million in 2008 and paid $2 million to its preferred stockholders and $1 million to its common stockholders.
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You would like to buy shares of Ralph Lauren (RL). The current bid and ask quotes are $85.13 and $85.20, respectively. You place a market buy-order for 500 shares that executes at these quoted prices. How much money did it cost to buy these shares
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