Number of stocks held = 30
Price at which each shares of Lofty Cheese Company bought = 20 1/4
= (81/4) dollars
Price at which each shares of Lofty Cheese Company sold = 25 1/4
= (101/4) dollars
Amount of profit made per share of Lofty Cheese Company = [(101/4 - (81/4)] dollars
= (20/4) dollars
= 5 dollars
Amount of profit made for 30 shares of Lofty Cheese Company = (30 * 5) dollars
= 150 dollars.
So you will make a profit of $150.The correct option in regards to the question given is option "C".
the answer would be 119.3 miles
<span>1/8 + 2(1/2m + 5) = 1/4m + 7 would equal m=-25/6</span>
Answer:
y = -2x + 1
Step-by-step explanation:
So, first you can use rise over run between the two points to find the slope.
This will get you -6/3, which you can simplify to -2
Then, see where the y intercept is, which is at (0, 1)
The equation will be y = -2x + 1
