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julsineya [31]
3 years ago
6

PLEASE PLEASE HELP ME NOW

English
1 answer:
Alex73 [517]3 years ago
4 0

Answer:

1. A I think not sure a if I am wrong sorry

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Allen bought 1,350 shares of stock for $12 per share. If he sold all his shares for $27,000, how much profit on each share did h
alexdok [17]
Total number of shares bought by Allen = 1350
Cost of each share bought by Allen = $12
Then
The total cost of buying the 1350 shares that Allen had to pay = (1350 * 12) dollars
                                                                                                   = 16200 dollars
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Amount of profit made by Allen by selling 1350 shares = (27000 - 16200) dollars
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Amount of profit made by Allen on each share = 10800/1350 dollars
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So the amount of profit made by allen on each share is $8.
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PLEASE HELP!!
dedylja [7]

Answer:

c

Explanation:

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