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The Investor Challenge / Re: Wheres the money?
« on: June 11, 2014, 10:56:42 am »
Ok so lets see:
June so R600 000
+Total dividends received: R1,944.80
-Total fees paid: R40,683.88
+Net profit on share sales: R158,169.66
=719430.58
-R599,348.70
=120081.88
So your cash on hand should be R120 081.88 right?
Then we need to figure out how you have a negative holding in PNC...
June so R600 000
+Total dividends received: R1,944.80
-Total fees paid: R40,683.88
+Net profit on share sales: R158,169.66
=719430.58
-R599,348.70
=120081.88
So your cash on hand should be R120 081.88 right?
Then we need to figure out how you have a negative holding in PNC...