You buy 100 shares of stock at $4.00 per share. You receive one dividend of 10 cents per share. You sell the stock 1 year later for $5.50 per share. The fee for selling the stock is $15.00. What is the total profit you made on the entire transaction?

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255 To calculate the total profit made on the entire transaction, we need to consider three factors: the initial cost of buying the shares, the dividends received, and the money obtained from selling the shares. However, we also have to deduct the fee for selling the stock.

1. Calculate the initial cost of buying the shares:
The price per share is $4.00, and you bought 100 shares.
Total cost = Price per share * Number of shares = $4.00 * 100 = $400.00

2. Calculate the dividends received:
The dividend received per share is 10 cents, and you have 100 shares.
Total dividend = Dividend per share * Number of shares = $0.10 * 100 = $10.00

3. Calculate the money obtained from selling the shares:
The price per share when selling is $5.50, and you have 100 shares.
Total selling amount = Price per share * Number of shares = $5.50 * 100 = $550.00

4. Deduct the fee for selling the stock:
The fee for selling the stock is $15.00.
Net selling amount = Total selling amount - Selling fee = $550.00 - $15.00 = $535.00

5. Calculate the profit:
Profit = (Total selling amount + Dividends) - Initial cost
Profit = ($535.00 + $10.00) - $400.00 = $145.00

Therefore, the total profit made on the entire transaction is $145.00.