contestada

Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. What was his perchase price

Respuesta :

Quantity purchased: 25 shares of stock
Price purchased at: $9.85 per share

To solve:
Total purchase price = (number of shares)(price per share)
Total purchase price = (25)($9.85)
Total purchase price = $246.25