III.Determine the total transaction fee of each stock investment when it will be sold. Complete the table below and round off your answer to the nearest hundredths. Fees Gross Trade Amount |less Computation 1000 shares x P217.75 Amount (13) P 0.0025 x P 217,750 _(15). _(17). (19)_ (21). Broker's Commission (14), (16), (18), (20). (22) (23). P Value Added Tax 0.12 x P PSE transaction fee Clearing Fee Sales tax 0.00005 x P P 0.0001 x P 0.005 x P P Total
III.Determine the total transaction fee of each stock investment when it will be sold. Complete the table below and round off your answer to the nearest hundredths. Fees Gross Trade Amount |less Computation 1000 shares x P217.75 Amount (13) P 0.0025 x P 217,750 _(15). _(17). (19)_ (21). Broker's Commission (14), (16), (18), (20). (22) (23). P Value Added Tax 0.12 x P PSE transaction fee Clearing Fee Sales tax 0.00005 x P P 0.0001 x P 0.005 x P P Total
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![III.Determine the total transaction fee of each stock investment when it will be sold.
Complete the table below and round off your answer to the nearest hundredths.
Fees
Gross Trade Amount
Computation
1000 shares x P217.75
Amount
P
(13)
less
Broker's Commission
Value Added Tax
PSE transaction fee
0.0025 x P 217, 750
(15).
(17).
(19).
(21).
(14).
(16).
(18)
_(20).
(22),
_(23).
0.12 x P
0.00005 x P
Clearing Fee
Sales tax
0.0001 x P
0.005 x P
Total](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3d171335-41db-4114-8da5-40205f0cf4a8%2F532e33a3-1ba9-4143-87d7-db784ecb6b4b%2Fs1vfs6o_processed.png&w=3840&q=75)
Transcribed Image Text:III.Determine the total transaction fee of each stock investment when it will be sold.
Complete the table below and round off your answer to the nearest hundredths.
Fees
Gross Trade Amount
Computation
1000 shares x P217.75
Amount
P
(13)
less
Broker's Commission
Value Added Tax
PSE transaction fee
0.0025 x P 217, 750
(15).
(17).
(19).
(21).
(14).
(16).
(18)
_(20).
(22),
_(23).
0.12 x P
0.00005 x P
Clearing Fee
Sales tax
0.0001 x P
0.005 x P
Total
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