The 400 shares of General Mills stock bought at $81.00 were sold at $60. Commission is omitted. What would be the loss? (Input the amount as positive value.)

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
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The 400 shares of General Mills stock bought at $81.00 were sold at $60. Commission is omitted. What would be the loss? (Input the
amount as positive value.)
Loss
acer
Transcribed Image Text:The 400 shares of General Mills stock bought at $81.00 were sold at $60. Commission is omitted. What would be the loss? (Input the amount as positive value.) Loss acer
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