Consider today’s stock listing for rayje clothiers, shown below. 52 wk high 52 wk low symbol div. close net change 225.80 169.96 raj 25.10 200.43 13.74 today, you sold the 459 shares of rayje clothiers that you purchased yesterday. how much profit did you make? a. $13,985.73 b. $11,520.90 c. $5,338.17 d. $6,306.66

Respuesta :

If he sold the 459 shares of rayje clothiers that you purchased yesterday. The amount of profit is: d. $6,306.66.

Profit

Using this formula

Profit=Net change×Number of shares sold

Where:

Net change=$13.74

Number of shares sold=459 shares

Let plug in the formula

Profit=$13.74×459 shares

Profit=$6,306.66

Therefore the amount of profit is: d. $6,306.66.

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