You would do 8 / (2/3).
The answer is 12
Answer:
The loss would be 1062.50
Step-by-step explanation:
To find this, first convert the purchase price into a decimal.
133/4 = 33.25
Now multiply that my the number of shares bought.
33.25 * 50 = 1662.50
This is the amount that was spent. Now to find the sale price, multiply the number of shares by the new price.
50 * 12 = 600
And to find the total loss, subtract the amount of the purchase price from the sale price.
600 - 1662.50 = -1062.50
Answer:
15 units
Step-by-step explanation:
d = 14.866
d = 15
