{"id":12750,"date":"2023-03-17T09:54:30","date_gmt":"2023-03-17T09:54:30","guid":{"rendered":"https:\/\/www.greatassignmenthelp.com\/questions\/?p=12750"},"modified":"2023-12-21T07:29:52","modified_gmt":"2023-12-21T07:29:52","slug":"a-share-of-stock-in-the-lofty-cheese-company","status":"publish","type":"post","link":"https:\/\/www.greatassignmenthelp.com\/questions\/a-share-of-stock-in-the-lofty-cheese-company\/","title":{"rendered":"A share of stock in the Lofty Cheese Company is quoted at 25 1\/4. Suppose you hold 30 shares of that stock, which you bought at 20 1\/4. If you sell your stock at 25 1\/4, which one of the following statements would be true?"},"content":{"rendered":"

A. You’ll make a profit of $15.<\/p>\n

B. You’ll suffer a loss of $150.<\/p>\n

C. You’ll suffer a loss of $15.<\/p>\n

D. You’ll make a profit of $150.<\/p>\n

Answer:-\u00a0<\/strong>D. You’ll make a profit of $150.<\/p>\n

There is the need to ensure the income of $150.<\/p>\n

One portion of stock is quoted at 25 \u00bc in the Lofty Cheese Business. If you hold around 30 shares of that precise stock, that was believed at 20 \u00bc. If that similar stock is vended at 25 \u00bc, a profit of $150 dollars will be gotten<\/p>\n

Solution:<\/strong><\/p>\n

For each stock, a profit of 25 \u00bc \u2013 20 \u00bc = $5<\/p>\n

Profit= 30 \u00d7 $5 = $150<\/p>\n","protected":false},"excerpt":{"rendered":"

A. You’ll make a profit of $15. B. You’ll suffer a loss of $150. C. You’ll suffer a loss of $15. D. You’ll make a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"yoast_head":"\nA share of stock in the Lofty Cheese Company is quoted at 25 1\/4. Suppose you hold 30 shares of that stock, which you bought at 20 1\/4. If you sell your stock at 25 1\/4, which one of the following statements would be true?<\/title>\n<meta name=\"description\" content=\"A share of stock in the Lofty Cheese Company is quoted at 25 1\/4. Suppose you hold 30 shares of that stock, which you bought at 20 1\/4. 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