Last month Joe purchased some stock in Acme Software, Inc. Here are the details of the purchase:• The number of shares that Joe purchased was 1,000.• When Joe purchased the stock, he paid $45.50 per share.• Joe paid his stockbroker a commission that amounted to 2% of the amount he paidfor the stock.Two weeks later Joe sold the stock. Here are the details of the sale:• The number of shares that Joe sold was 1,000.• He sold the stock for $56.90 per share.• He paid his stockbroker another commission that amounted to 2% of the amount he received forthe stock.Write a program that displays the following information:• The amount of money Joe paid for the stock.• The amount of commission Joe paid his broker when he bought the stock.• The amount that Joe sold the stock for.• The amount of commission Joe paid his broker when he sold the stock.• Display the amount of profit that Joe made after selling his stock and paying the twocommissions to his broker. (If the amount of profit that your program displays is anegative number, then Joe lost money on the transaction.)

Acme Enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this merchandise for $5,000 on account. Two weeks later, Acme paid its suppliers $1,000 and bought another $4,000 of merchandise on account. Acme now has an Accounts Payable balance of ______.

Question 5Suppose that Mr. K buys 1,000 shares in a software company at $25 / share. The company is currently attracting considerable media attention for its new accounting software, a highly touted product that is expected to become the industry standard, with considerable improvements in both efficiency and ease of use. Mr. K is an accountant who also has considerable expertise in evaluating accounting software options. He read all of the software company’s advance information on the new package and carried out his own extensive research prior to buying the shares. Within two weeks of his purchase, the shares are up to $30, and Mr. K is tempted to sell them. He decides to hold on, however, as the industry excitement about the new software is increasing as the release date approaches. The shares continue to appreciate until there begin to be whispers about a serious bug in the software. In the weeks coming up to the release date, the company’s share price becomes increasingly volatile, as rumors and counter-rumors abound. The company’s share price falls below $30, and then below $25. Occasionally some positive stories on social media cause brief bounces in the price, but Mr. K is becoming increasingly pessimistic about the product. The shares are currently trading at $20. Although Mr. K now believes that the product will fail, he decides to hold onto the shares in the hope that a new rumor will bounce the price up to $25 so that he can sell.Which Prospect Theory feature best explains Mr. K’s behavior during the time that he has owned these shares? 1 point Risk aversion over gainsLoss aversion Risk seeking over losses

Mr. Ganesh bought 4,500 shares of ABC company at the rate of Rs. 14 each. He sold 3,000 shares at a cost of Rs. 18 each, and then after one week, the price of the share decreased by one-third of its value and he sold the remaining shares. Find the profit or loss made by Mr. Ganesh in the entire transaction considering brokerage charged is negligible.

On 1 January 20X4, Sam Co had 3 million ordinary shares in issue. On 1 June 20X4, SamCo made a 1 for 3 bonus issue. On 30 September 20X4, Sam Co issued a further 1 millionshares at full market price. Sam Co had profits attributable to ordinary equity holders of $2million for the year ended 31 December 20X4.What is the basic earnings per share figure for the year ended 31 December 20X4, accordingto IAS 33 Earnings Per Share?A 47.1¢B 52.2¢C 56.8¢D 50.0¢

At the beginning of the year Oak Corporation an s corporation had $50,000 in its accumulated adjusted account(aaa) $30,000 in earnings and profit from prior c corporation years. During the year, oak earned $ 25,000 of ordinary income and paid $100,000 in its distribution to its shareholders. Assume that Ethan owns 25% of Oak Corporation his basis in Oak Corporation stock at the beginning of the year is $15,000 and his share of distribution was $25,000.how much does Ethan recognize this year from these transactions a) 0,b)$6,250c)$7,500d)$20,000