Protom Company

by | Aug 8, 2021 | Assignment Help | 0 comments

Protom Company, which began operations in2009, invest its idle cash in trading securities. The following transactions are from its short-term investments in its trading securities.2009Jan. 20 Purchased 800 shares of Ford Motor Co. at $26 per share plus a $120 commission.Feb. 09 Purchased 2,600 shares of Lucent at $39 per share plus a $578 commission.Oct. 12 Purchased 800 shares of Z-Seven at $7.50 per share plus a $200 commission.2010Apr. 15 Sold 800 shares of Ford Motor Co. at $30 per share less $300 commission.5 Sold 800 shares of Z-Seven at $11 per share less a $103 commission.July 22 Purchased 2,000 shares of Hunt Corp. at $39 per share plus a $444 commission.Aug 19 Purchased 1,600 shares of Donna Karan at $19.50 per share plus a $290 commission.2011Feb. 27 Purchased 3,500 shares of HCA at $31 per share plus a $420 commission.Mar. 03 Sold 2,000 shares of Hunt at $35 per share less a $250 commission.June 21 Sold 2,600 shares of Lucent at $36.75 per share less a $420 commission.June 30 Purchased 1,300 share of Black & Decker at 47.50 per share plus a $595 commission.Nov. 01 Sold 1,600 shares of Donna Karen at $19.50 per share less a $309 commission.Required1.

This is a sample question

Need help with a similar assignment?

Place an order at Study Pirate

Attach all custom instructions.

Make Payment. (The total price is based on number of pages, academic level and deadline)

We’ll assign the paper to one of writers and send it back once complete.