Question and answer
A share of stock in the Lofty Cheese Company is quoted at 251/4. Suppose you hold 30 shares of that stock, which you bought at 201/4. If you sell your stock at 251/4, which one of the following statements would be true? A. You'll make a profit of $15. B. You'll make a profit of $150. C. You'll suffer a loss of $150. D. You'll suffer a loss of $15.
s
A share of stock in the Lofty Cheese Company is quoted at 251/4. Suppose you hold 30 shares of that stock, which you bought at 201/4. If you sell your stock at 251/4. Profit = 25 1/4 = 20 1/4 = 101/4 - 81/ 4 = (20/4) = 5. Number of share = 30 , Total Profit = 30 *5 = $150. You'll make a profit of $150.
Question
Asked 1/1/2018 4:19:08 PM
Updated 328 days ago|9/8/2020 8:01:14 AM
1 Answer/Comment
Get an answer
New answers
Rating
8
A share of stock in the Lofty Cheese Company is quoted at 251/4. Suppose you hold 30 shares of that stock, which you bought at 201/4. If you sell your stock at 251/4. Profit = 25 1/4 = 20 1/4 = 101/4 - 81/ 4 = (20/4) = 5. Number of share = 30 , Total Profit = 30 *5 = $150. You'll make a profit of $150.
Added 328 days ago|9/8/2020 8:01:14 AM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The total of 36, 78, 198, 475, and 620 is A. 2,109. B. 1,187. C. 1,731. D. 1,407.
Weegy: The total of 36, 78, 198, 475, and 620 is 1,407. (More)
Question
Updated 12/31/2017 7:46:17 PM
0 Answers/Comments
Round off 1,563,385 to the nearest million. A. 1,563,400 B. 2,000,000 C. 1,600,000 D. 1,563,000
Weegy: The number 1,563,385 rounded off to the nearest million becomes 2,000,000. (More)
Question
Updated 12/31/2017 8:24:32 PM
0 Answers/Comments
Marlin Davies buys a truck for $28,000. In three years, the truck depreciates 48% in value. How much is the truck worth in three years? A. $14,560 B. $14,000 C. $27,052 D. $12,005
Weegy: Marlin Davies buys a truck for $28,000. In three years, the car depreciates 48% in value. In three years the car is worth $28,000 - ($28,000 * .48) = $14,560 (More)
Question
Updated 7/13/2020 6:45:23 PM
0 Answers/Comments
John Gray bought a basic car for $32,750.00, with options that cost $375.00. There's a 6% sales tax in his state and a combined $50.00 license and registration fee. What was John's total cost? A. $35,162.50 B. $35,140.00 C. $33,175.00 D. $35,165.50
Weegy: John Gray bought a basic car for $32,750.00, with options that cost $375.00. There's a 6% sales tax in his state and a combined $50.00 license and registration fee. [ John's total cost is $35,162.50. Solution: $32,750 + $375 = 33125; $33,125 * .06= 1987.50; $33,125 + $1987.50= $35,112.50; $35,112.50 + $50 = $35,162.50. ] (More)
Question
Expert Answered
Asked 1/1/2018 4:20:27 PM
0 Answers/Comments
A glacier that covers a wide area is called a _______ glacier. A. valley B. cirque C. continental D. moraine
Weegy: A glacier that covers a wide area is called a Continental glacier. (More)
Question
Expert Answered
Updated 1/2/2018 6:04:27 PM
0 Answers/Comments
34,207,745
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Earthquakes can only occur at a fault if the fault experiences ...
Weegy: The area in a fault where stress builds up is called the hypocentre zone.
7/27/2021 3:42:44 AM| 5 Answers
The _______ biome has trees that lose leaves once each year. The ...
Weegy: Intertidal zone is where the ocean meets the land.
7/30/2021 11:46:25 PM| 5 Answers
The Eighteenth Amendment, "Prohibition," was reversed by the
Weegy: The Eighteenth Amendment, "Prohibition," was reversed by the Twenty-first Amendment. User: Controls given ...
7/26/2021 8:15:46 AM| 3 Answers
NIMS is applicable to all stakeholders with incident related ...
Weegy: NIMS is applicable to all stakeholders with incident related responsibilities. TRUE. User: The _________ is ...
7/27/2021 4:06:34 PM| 3 Answers
Elements of tone include _____. details dialogue imagery setting
Weegy: Elements of tone include dialogue and imagery User: The use of _____ in a story attaches deeper meaning to a ...
7/27/2021 5:44:15 PM| 3 Answers
What is a collective noun
Weegy: A word used to describe a person, place or a thing. User: Which word in the sentence is an example of an ...
7/30/2021 3:26:41 PM| 3 Answers
In vertebrates, chemical messengers called hormones are secreted by ...
Weegy: User: Describe how and where viruses reproduce and the function of RNA and DNA in this process.
7/30/2021 5:34:10 PM| 3 Answers
how many states needed to ratify the constitution?
Weegy: 9 states needed to ratify the Constitution. User: which term describes the british troops? Weegy: Larger ...
7/31/2021 2:03:01 PM| 2 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
Points 35 [Total 138] Ratings 2 Comments 15 Invitations 0 Online
S
L
Points 32 [Total 506] Ratings 0 Comments 32 Invitations 0 Offline
S
L
P
Points 29 [Total 1670] Ratings 1 Comments 19 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
P
1
L
P
1
Points 18 [Total 5423] Ratings 0 Comments 18 Invitations 0 Offline
S
L
Points 13 [Total 169] Ratings 0 Comments 13 Invitations 0 Offline
S
L
Points 11 [Total 410] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
L
1
1
1
Points 10 [Total 3135] Ratings 1 Comments 0 Invitations 0 Offline
S
L
Points 10 [Total 303] Ratings 1 Comments 0 Invitations 0 Offline
S
L
Points 4 [Total 527] Ratings 0 Comments 4 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.