Questions asked by Charity I.

• Back to user's profile
• You purchased 100 shares of Nike at $47.75 per share. A year later you sell your 100 shares for $62 per share. Did you make a profit or lose money? How much money did you make or lose? Explain how you calculated your answer.
  
• You purchase 259 shares of Sonic Corporation for $24.38 per share. What is the total cost of your purchase? You later sell your shares at the current market price of $22.12. How much money was your profit or loss? Explain how you calculated your answer.
  
• Shares in Starbucks Coffee sold for $57.12 per share eighteen months ago; you purchased 100 shares. You just sold your shares at $68.38 per share. How much profit did you make on the sale?