In order for a trade to earn a profit, the stock must be sold for more than it was bought. For example, if I buy an apple for 25 cents and sell it to someone else for a dollar, I made a 75 cent profit.
Shorting is when you borrow a stock from someone and selling it. Then, you later buy the stock back and return it.
Now let's examine the options.
I. Bought for $99 and sold for $75 does NOT earn a profit.
II. Sold for $75 and bought for $33 DOES earn a profit.
III. Bought for $99 and sold for $33 does NOT earn a profit.
The answer is II only.
Answer:
Blank
Step-by-step explanation:
Follow the instructions
Answer: 93 and 4/5
Step-by-step explanation:
6 7/10 divided by 1/14
= 67/10 divided by 1/14
= 67/10 x 14/1
= 67/5 x 7/1
= 469/5
he would need to deposit $152 to prevent the account balance from dipping below the minimum of $25.
315-163 would =152 so that's how I got me answer
Well, if you say nine tenths, you know tenths is the first number after the decimal point. So you would put nine in the tenths spot.
