siri3607 siri3607
  • 06-03-2019
  • Business
contestada

Mitchell bought 600 shares of centerco two years ago for 34.50 per share. He sold them yesterday for 38.64 per share.

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ibrahimqureshi
ibrahimqureshi ibrahimqureshi
  • 06-03-2019

Sure, here is my possible correct answer:

1. 38.64 - 34.50 = 4.14

2. 4.14 x 600 = 2484

So, Mitchell would earn $2484 in (gross) profit.

I hope it helped you!

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