Question

the dealer purchase the good through a broker where selling price is 18000. if brokerage Paid is 3 %. find the brokerage and cost of books?
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Answer 1

Answer:

To calculate the gains or losses on a stock investment, one must first know the cost basis, which is the purchase price initially paid for the stock. Investors who neglected to record this information may find it on the order execution confirmation form or the brokerage count statement, from the date of the purchase.