1. You bought 100 shares for $40 a share plus a commission of $25 for the lot. You ended up selling the shares at $43.27 a share and paying a commission fee of $35 for the lot. What is the overall profit from the stock sale?
2. What is the earnings per share if a company’s after-tax income is $1,500,000 and the number of shares outstanding is 750,000?
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