Consider today’s stock listings for Bukkia Hog Farms, shown below.52 wk High52 wk LowSymbolDiv.CloseNet Change212.45106.63BHF18.95140.268.85Today, Ken sold the 116 shares of Bukkia Hog Farms that he purchased yesterday. How much profit did Ken make?

The stock’s closing price today was $140.26, and its net change was an increase of $8.85. Ken therefore bought each share yesterday for $140.26 − $8.85 = $131.41. His profit on 116 shares was 116 × $8.85 = $1,026.60, which is choice D, $1,026.60.

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