# Carlos bought 8 shares of Apple (AAPL) at the close yesterday and 12 more shares at today's

## Question:

Carlos bought 8 shares of Apple (AAPL) at the close yesterday and 12 more shares at today's low. There were no broker's fees. The table below gives some information about AAPL as of the end of trading today.

Let's look at the performance of Carlos' AAPL shares so far.

Part I: How much did Carlos spend when buying his shares yesterday?

Part II: How much did Carlos spend when buying his shares today?

Part III: How much did Carlos spend in total on his AAPL shares?

Part IV: What was the value of Carlos' AAPL shares at today's close?

Part V: At today's close, was the total value of all Carlos' AAPL shares less than or greater than the amount he paid for them? By how much was the value of the shares up or down?

**Related Book For**

## Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill