Compute the cost of each of the following short-term investments. Round to the nearest dollar. a. 550

Question:

Compute the cost of each of the following short-term investments. Round to the nearest dollar.
a. 550 shares of Grey Ltd. at $16.50 per share. Brokerage fees were $175.
b. 600 shares of Red Corp. at $88.00 per share. Red Corp. pays a cash of $0.66 per year. Brokerage fees were $550.
c. 1,000 shares of White Inc. at $55.10 per share. Brokerage fees were $560.
d. 70 shares of Tangerine Ltd. at $35.50 per share. Brokerage fees were $250.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...