85.1k views
1 vote
Lisa bought stock three years ago and sold it today for a profit of $1,200. this is a _____.

User Keithepley
by
8.3k points

2 Answers

1 vote

Final answer:

Lisa made a profit from buying and selling the stock.

Step-by-step explanation:

Buying and selling stocks involves two transactions: the purchase and the sale. In this case, Lisa bought the stock three years ago and sold it today for a profit of $1,200.

Therefore, this is an example of a stock transaction where Lisa made a profit.

User Saliom
by
7.8k points
2 votes
Well if you are looking for the profit margin we need how much is was when she bought it, because it doesn't say, you can't say It's a increase or a decrease, so you could say this is a investment.
But considering you put this under mathematics I assume there is more to this question you forgot to post.
User OnesimusUnbound
by
9.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories