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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A client sold a stock position. If an advisor received a commission of 2% of the sales price of the stock transaction, what was the price of the transaction? Statement 1: The sales price minus the advisor's commission was $49,000. Statement 2: The sales price was 200 percent of the original purchase price of $25,000. Which of the statements above make it possible to answer the question? Statement 1 alone sufficient, but Statement 2 alone is not sufficient Statement 2 alone is sufficient, but Statement 1 alone is not sufficient Each statement alone is sufficient Both statements together are sufficient, but neither statement alone is sufficient Statements 1 and 2 together are not sufficient
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