Mathematics
Mathematics, 13.10.2020 01:01, whitethunder05

One way that a company can raise money for expansion is to sell stock. When you buy a share of a company's stock, you become a shareholder, or part owner, of that company. The cost of a share is often represented in points, where each points represents one dollar. When a stock gains points, its shares increase in value, and when a stock loses points, its shares decrease in value. For instance, if a stock gains three points one day, each share of its stock is worth three dollars more than it was the day before. Positive decimal numbers are used to represent gains, and negative decimal numbers are used to represent losses. On Monday, the closing value of a share of stock in Company ABC, was 74.01. On Tuesday, it closed at 73.67, and on Wednesday, it closed at 74.32. On Thursday, the change in stock value was -1.48. And, on Friday, Company ABC's stock gained 0.89 points. Answer the following questions based on Company ABC's stock performance this week.

If on Friday, a shareholder experienced a total stock value change of $42.72, how many shares of this stock do they own?
shares.

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:00, maybrieldridge12
Weak battery is considered to be a part of routine a. inspection b. wear and tear c. maintenance d. check
Answers: 2
image
Mathematics, 21.06.2019 23:30, Ecosey123
I'm a polygon i have no parallel lines i am formed 3 line segments i have one right angle two of my angles are angles what am i
Answers: 1
image
Mathematics, 22.06.2019 03:30, buddyshaw76
Agame has a rectangular board with an area of 44 in2. there is a square hole near the top of the game board in which you must not toss in a bean bag. the square has side lengths of 3 in. what is the probability of not tossing the bag through the hole? a)9/44 b)3/9 c)3/44 d)35/44
Answers: 2
image
Mathematics, 22.06.2019 04:30, yah57
There are a total of 75 students in the robotics club and the science club. the science club has 11 more students than the robotics club. how many students are in the science club?
Answers: 1
Do you know the correct answer?
One way that a company can raise money for expansion is to sell stock. When you buy a share of a com...

Questions in other subjects: