Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 1 out of 4 pages
Summary

Summary Economics 244 prepwork

Document preview thumbnail
Preview 1 out of 4 pages

Possible questions that can be asked are summarised

Content preview

QUESTION 1 VRAAG 1

Emily gives her broker an order to sell 3 000 Emily gee haar makelaar ‘n opdrag om 3 000
London Ltd. shares at 950c per share. At the London Bpk. aandele te verkoop teen 950c per
time of placing the order, the order book of aandeel. Op die tydstip wat die opdrag geplaas is
London Ltd. appeared as follows: het die bestelboek van London Bpk. as volg
vertoon:
All answers must be correctly rounded to 2
decimals. Alle antwoorde moet korrek gerond word toto 2
desimale.

BUY / KOOP SELL / VERKOOP
Volume Price / Prys Price / Prys Volume

500 970 995 500

1 000 965 988 1 000

3 000 950 980 3 000

4 000 947


Calculate the total transaction Bereken die totale transaksiebedrag
amount (transaction costs R28 750
(transaksiekostes uitgesluit) wat
1.1
excluded) that Emily will receive Emily sal ontvang vir die London
for the London transaction. transaksie.

Calculate the VAT amount that Bereken die BTW-bedrag wat Emily
1.2 Emily will have to pay on this R61.91 op hierdie transaksie sal moet
transaction. betaal.

Calculate the securities transfer Bereken die sekuriteite oordrag
1.3 tax (STT) that Emily will have to R0 belasting (STT) wat Emily op hierdie
pay on this transaction. transaksie sal moet betaal.

Calculate the total value of the Bereken die totale waarde van die
transaction that Emily will transaksie wat Emily sal ontvang
1.4 R28 275.34
receive (after taking all (nadat alle transaksiekostes in ag
transaction costs into account). geneem is).

Document information

Uploaded on
April 27, 2023
Number of pages
4
Written in
2022/2023
Type
Summary
$3.17

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Studynotes101
3.4
(12)
Sold
144
Followers
60
Items
59
Last sold
8 months ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions