10. Sam and Jessica have a contest to see who can earn more profit by investing $1,000 in the stock market. Sam buys 50 shares of Smar

Question

10. Sam and Jessica have a contest to see who can earn more profit by investing $1,000 in the stock market. Sam
buys 50 shares of SmartphoneCo for $20.share. Jessica buys 200 shares of Juice Co for $5/share. A year later,
Sam sells his SmartPhoneCo stock for $22.share and Jessica sells her JuiceCo stock for $7.share. Whose figures
below are correct when it comes to calculating their profits?
a. Sam had a profit of $1100 and Jessica’s profit was $1,4000
b. Sam and Jessica both had a total profit of $2
C. Jessica had a profit of $4000 and Sam had a profit of $100
d. Sam and Jessica both had a total profit of $1,000
e. Since SmartPhoneCo stock was sold at a higher price than JuiceCo, Sam had more profit than Jessica

in progress 0
Ayla 4 days 2021-11-24T03:42:24+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-11-24T03:43:50+00:00

    Answer:

    A

    Step-by-step explanation:

    Sam=50×22=1100

    Jessica=200×5=1400

Leave an answer

45:7+7-4:2-5:5*4+35:2 =? ( )