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View Full Version : ASM Practice Exam 5 (7th Ed.) #4 Errata?

intelmic
05-19-2008, 11:34 AM
We want the profit from the overall transaction.

At the purchase, we pay 10992.19 and when we sell, we receive 10945. Isn't the profit -47.19 ? :judge:

Thanks!
Harold Cherry
05-19-2008, 12:15 PM
You are correct. There is a loss of 47.19 and the answer should be (E), not (A). Thanks for pointing this out.