slb1261999 slb1261999

07-09-2017
Business

contestada

Miguel paid a total of $12,000 for stock that was $8 per share. If he sold all his shares for $15,000, how much profit on each share did he make?

Respuesta :

scottdavanzo scottdavanzo

08-09-2017

The Answer is $2 dollars a share in Profit because 12,000 divided by 8 equals 1,500, and 10 times 1,500 equals 15,000, and finally 10-8=2, $2 in profit per a share.

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