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 $150.The correct option in regards to the question given is option "C".
According to John Locke, <u>Experience</u> is how we acquire basic knowledge.
What explains why, in many of the problems, historical data is used is; Information changes rapidly.
<h3>What is the theory of John Locke?</h3>
1) John Locke's theory simply means that all knowledge comes exclusively through experience. He argues that at birth the mind is a tabula rasa, that humans fill with ideas as they experience the world through the five senses.
Thus, the missing word in the question is "Experience".
2) The reason why historical data is used in may problems is because Information changes rapidly. The information being circulated currently may be different from that circulated 100 years ago.
Read more about John Locke at; brainly.com/question/9634224
#SPJ1
<span>Dealing with finances becomes more difficult when working on a commission basis because unlike working on a salary basis, there is no regular pay. A commission means that earnings are based on rate of sale or number of completed tasks. Income may be reduced if you do not sell enough, or fail to complete enough tasks.</span>
to have 2.40$ between 30 dimes and nickels she would have to have 18 dimes being 1.80$ and 12 nickles being .60 cents.
