Over the Past 25 Years,Alfred Has Purchased 380 Shares of Green,Inc

question 95

Multiple Choice

Over the past 25 years,Alfred has purchased 380 shares of Green,Inc. ,common stock.His first purchase was in 1987 when he acquired 30 shares for $20 a share.In 1989,Alfred bought 150 shares at $10 a share.In 2008,Alfred acquired 200 shares at $50 a share.Alfred intends to sell 125 shares at $60 per share in the current year.If Alfred's objective is to minimize gain,what is his recognized gain?

• A)$1,250.
• B)$3,520.
• C)$5,950.
• D)$6,250.
• E)None of the above.

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Definitions:

Job Management

The process of overseeing, scheduling, and controlling the tasks and responsibilities within an organization to ensure that they are completed as required.

Maslow's Need Hierarchy

A psychological theory proposing that humans are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization, in ascending order of importance.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Physiological

Pertaining to the branch of biology that deals with the normal functions of living organisms and their parts.