Answer:
Explanation:
First, we need to find the difference between the price that he sold the shares for and the price that he bought them at: (67.68-60.65) = 7.03
That means that there was a gain of $7.03 per share for Archie.
That being said, since Archie bought 100 shares, we can multiply that number by 100 to find the total gain from selling the shares:
(7.03x100)= 703
The answer then is:
Archie gained $703 from selling all of his shares.