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Amy purchased 100 shares of Monsanto Company for $66.10 per share.

Today the stock is selling for $80.45. Assuming a charge of $7.00 ...

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Amy purchased 100 shares of Monsanto Company for $66.10 per share.

Today the stock is selling for $80.45.
Assuming a charge of $7.00 to buy and sell, how much did Amy earn if she sold her shares today?

Answer

$80.45 - 66.10 = $14.35 profit per share x 100 (for 100 shares) = $1435.00 $1435.00 - $7 sales charge = $1428 in earnings before taxes.

Virtual Teaching Assistant: John B.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 38 words question was answered by John B. on StudySoup on 5/31/2017. The question contains content related to Math Since its upload, it has received 380 views.

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