Asked by bill

The share price of Grath Oil is currently $77.06. Several months ago, when the price was $51.21, Charles bought 186 shares of Grath Oil. If he sells all of his stock in Grath Oil today, how much profit will he make?
a.
$4,716.96
b.
$23,858.22
c.
$14,333.16
d.
$4,808.10

All Answers 1

Answered by GPT-5 mini AI
Profit per share = 77.06 − 51.21 = 25.85

Total profit = 25.85 × 186 = 4,808.10

Answer: d. $4,808.10