Chapter 372 You Need to Know How to Do Accounting

Chapter 372 You Need to Know How to Do Accounting

"What? Did someone ask you something?" Yao Shuli was still doing the accounting homework that the teacher had assigned in class today.

Du Jiaqi hummed in agreement.

He now truly admires Yao Shuli; he really is... just like the teacher said, incredibly perceptive, truly understanding things instantly.

My uncle wasn't optimistic about stock subscription certificates back then, and apart from the ten that his company forced him to buy, he didn't buy any more.

On the contrary, because I brought him such a big customer as Yao Shuli, my uncle sold an extra 700 copies!

My uncle earned a commission of three cents for each item sold, and he also received an extra two hundred and ten yuan in bonus.

“My uncle called me last night. First, he asked if I was going to sell the subscription certificates I had, and then he asked if you were interested in selling them, since you are his biggest client!” Du Jiaqi helped Yao Shuli tidy up the other books on the table.

Yao Shuli didn't even raise his head.

How much money is he offering?

"Three hundred and fifty! The price is negotiable. I think we can get it down to four hundred, since stock subscription certificates are in high demand these days."

The government has made it clear that no new subscription certificates will be issued this year.

"So, what you have in your hands really are golden hens!" Du Jiaqi said enviously.

Seven hundred sheets! That's something most people wouldn't even dare to dream of.

He only had fifteen bills, yet his elders were already envious. His parents, in particular, had repeatedly told him why they hadn't bought more. If they had known these things were so profitable, they would have taken all 20,000 yuan they had in the bank to buy them...

But when I used my New Year's money to buy subscription certificates, I was scolded by my relatives quite a bit during the New Year.

They thought he didn't know how hard adults work to earn money, and that he actually threw 450 yuan into the water.

Now……

Haha, everyone's eyeing their subscription certificates!

"You think you can buy our subscription certificates with this little money? You're dreaming!" Yao Shuli snorted and continued doing her classwork.

Du Jiaqi...

In less than a month and a half, something that cost thirty yuan was sold for three hundred and fifty yuan. That's still not high enough!

"Yao Shuli, you're not thinking of raising the subscription certificate price to one thousand, are you? Even though that's what people are saying, but... what if something unexpected happens!"

"Won't you regret it later?" Du Jiaqi looked at Yao Shuli.

Just then, Yao Shuli finished her classwork, closed her notebook, and handed it to Du Jiaqi.

Du Jiaqi is the class monitor, and all classwork must be handed in to him after it's done.

"What's impossible! I think even a price of one thousand would be too low!"

"The price might be much higher than we thought!" Yao Shuli then looked at Du Jiaqi.

Du Jiaqi carefully put away Yao Shuli's homework and looked at Yao Shuli in the same way.

"Tell me about it! You must have a different idea."

Yao Shuli nodded, then turned and took out his calculation notebook from his schoolbag.

"To be precise, it was you who didn't do the math properly, and none of the others did either."

We're from a finance school, so I think we should be able to do accounting!

"Come on, let me calculate for you right now how much profit a stock subscription certificate can generate." Yao Shuli said, taking out a ballpoint pen and starting to calculate carefully for Du Jiaqi.

...

"Many people outside have calculated that the chance of winning a stock subscription certificate is now as high as 90%."

This is still idealized data. In reality, subscription certificates can also suffer some damage, such as being lost or not being able to be found.

In short, the final success rate will definitely be higher than 90%.

If you win a lottery, you can buy 1,000 shares at the issue price of one yuan, right?

New stocks have been listed, and it's safe to say they're all highly sought after.

A stock that costs one dollar can easily rise to twenty dollars.

"Have you calculated how much money we could make if we didn't sell warrants for this one stock, but instead bought the shares at fifteen yuan per share?" Yao Shuli asked Du Jiaqi.

“Fourteen thousand!” Du Jiaqi murmured.

"Yes! This is still the lowest profit we've calculated. A stock subscription certificate can be used to participate in the lottery for new shares multiple times."

I won't go into the details, but let's say one subscription certificate allows you to win two lottery bids and buy new shares twice.

"Calculate it yourself, how much profit can one subscription certificate generate if we calculate it twice?" Yao Shuli continued to ask.

"Twenty-eight thousand! And that's the lowest price!" Du Jiaqi finally understood what Yao Shuli meant.

Previously, I thought it was already very good that I could earn so much from a subscription certificate in just over a month.

Yao Shuli did the math...

Okay! I was just being too naive! Wasn't that just giving away subscription certificates to someone else for free?

If I did that, I'd definitely regret it and slap myself in the face later!

"Yao Shuli, I'm not selling my stock subscription certificates! What about yours? Don't sell them either! Just keep them to invest in stocks!" Du Jiaqi finally came to his senses.

Yao Shuli nodded.

He initially bought the stock subscription warrants intending to trade stocks himself, never imagining he would make a fortune by reselling the warrants.

But the two hundred sheets that my older sister had were still pretty good...

“I won’t sell my subscription certificate! But my older sister’s two hundred certificates… I think she will sell them.”

My older sister is not short of money; she bought the subscription certificate to encourage me.

"If the price is right, she'll probably sell the subscription certificate. Anyway, it's just pocket money, and my older sister isn't interested in such a small amount of money," Yao Shuli said with a smile.

Du Jiaqi...

Earning pocket money? They didn't even want two hundred subscription certificates...

Indeed, when stock subscription certificates were first introduced, everyone said it was like throwing money down the drain!

But Yao Shuli and his sister actually threw tens of thousands of yuan into the water for fun!

"So how much do you plan to sell your sister's two hundred subscription certificates for?" Du Jiaqi asked with a smile.

After thinking about it seriously, Yao Shuli suddenly smiled.

"Given the current market demand for subscription certificates, I estimate that the price will be driven up to around 5,000 by May!"

I don't want such a high price anymore. People who bought stock subscription certificates should at least make some money, right?

Forget it, I wasn't planning on making much money from stock warrants anyway.

The price must be no less than 5,500; I won't sell it for a penny less.

Du Jiaqi...

I won't sell for less than 5,500... This price is only offered with others' benefit in mind, and with the intention of leaving them some profit...

However, considering the profits that a subscription certificate can bring...

Du Jiaqi also felt that the price Yao Shuli offered seemed to be a really reasonable price!

As for the subscription certificates I hold...

I'm not selling! Not even if the King of Heaven himself came! So what if he's my own uncle? I can't let myself lose that much money!

"Yao Shuli, I'll follow you!" Du Jiaqi made up his mind; he would resolutely follow Yao Shuli from now on.

"Really? Then I think you should start raising some money now, so you don't end up with nothing to buy stocks even if you win the lottery!"

“Okay! I’ll ask my parents for the bankbook when I get home!” Du Jiaqi said immediately.