Answer: b 1.20
Step-by-step explanation:
b 1.20
Answer:
$119,703
Step-by-step explanation:
This question is easy, it is just $87,545 plus $32,158
Answer:
$20
Step-by-step explanation:
Company A:
Buy 300 shares at $1.45 per share.
Sell 300 shares at $1.65 per share.
Profit: ($1.65 - $1.45) * 300 = $60
Company B:
Buy 200 shares at $1.20 per share.
Sell 200 shares at $1.10 per share.
Loss: ($1.20 - $1.10) * 200 = $20
Net profit:
$40 - $20 = $20
