Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Computer Engineering Expert

Problem

Suppose you buy 100 shares of a stock at $12 per share, then another 100 at $10 per share, and then sell 150 shares at $15. You have to pay taxes on the gain, but exactly what is the gain? In the United States, the FIFO rule holds: You first sell all shares of the first batch for a profit of $300, then 50 of the shares from the second batch, for a profit of $250, yielding a total profit of $550. Write a program that can make these calculations for arbitrary purchases and sales of shares in a single company. The user enters commands buy quantity price, sell quantity (which causes the gain to be displayed), and quit.

Computer Engineering, Engineering

  • Category:- Computer Engineering
  • Reference No.:- M92669810

Have any Question?


Related Questions in Computer Engineering

At a certain temp the kp for the decomposition of h2s is

At a certain temp, the Kp for the decomposition of H2S is .883. H2S (g) ----> H2(g) + S (g) Initially, only H2S is present at a pressure of  .181 atm  in a closed container. What is the total pressure in the container at ...

A five question multiple choice statistics quiz is given

A five question multiple choice statistics quiz is given. Each question has 3 possible choices, only one of which is correct. calculate the probability that of receiving a passing grade on the quiz, by randomly guessing ...

Question suppose that in the definition of an euler cycle

Question : Suppose that in the definition of an Euler cycle, we drop the seemingly superfluous requirement that the Euler cycle visit every vertex and require only that the cycle include every edge. Show that now the the ...

How does a java server page uses the client-server model to

How does a Java Server Page uses the client-server model to make a Web page interactive?

Assignment week 5 bugs vs feature requeststhere is no such

Assignment: Week 5 Bugs vs. Feature Requests There is no such thing as a bug-free IT project. Because bugs are a fact of IT project life, IT project managers must articulate a process for identifying, tracking, and handl ...

Calculate the price of a five-year bond that has a coupon

Calculate the price of a five-year bond that has a coupon rate of 6.5 percent paid annually. The current market rate is 5.70 percent. (Round answer to 2 decimal places, e.g. 5,275.25.)

Why software is important in our lifesearch the internet

Why Software is important in our life? Search the internet for "Why Software is important in our life" Read about this topic and write an essay of around 500 words and submit it.

What are content management systems cms describe the

What are Content Management Systems (CMS). Describe the challenges in implementing and maintaining CMS. Can internet search engines be considered as Content Management Systems - explain your answer.

Suppose users share a 2 mbps link also suppose each user

Suppose users share a 2 Mbps link. Also suppose each user transmits continuously at 1 Mbps when transmitting, but each user transmits only 20 percent of the time. When a circuit switching is used, how many users can be s ...

A new machine averages 4 clock cycles per instruction and

A new machine averages 4 clock cycles per instruction, and runs at a system clock of 20 MHz. The Axiom-Verge algorithm set to benchmark the system will take an even 3000 instructions to complete. a) Knowing how many cloc ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As