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Exactprep CMA-Financial-Planning-Performance-and-Analytics Questions

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Question 16

La Salle Company purchased 2.150 shares of Barry Chocolates Corporation's common stock at $25.16 per share on November 17 of last year. The broker's commission was $85. The shares were sold on January 11 of the current year for $27.50 per share. The broker's commission on the sale was $76 Barry declared and paid dividends of $0 50 per share on March 26. June 25. September 25. and December 23 during the last two years La Salle's current year income statement would reflect a realized gain of

Options:

A.

$4,870

B.

$4,946

C.

$5,022

D.

$5,031

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Exam Name: CMA Part 1: Financial Planning - Performance and Analytics Exam
Last Update: Nov 21, 2024
Questions: 112
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