subject
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.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Naomi’s parents want to have 50,000, saved for her college education, if they invest 20000 today and earn 7% interest compound annually, about how long will it take them to save 50 thousand
Answers: 3
question
Mathematics, 21.06.2019 16:00
In the diagram, the ratio of ab to ae is (1/2) . what is the ratio of the length of to the length of ?
Answers: 3
question
Mathematics, 21.06.2019 22:00
Nikita wants to apply for student aid to fund her college education. arrange the steps involved in nikita’s application for financial aid
Answers: 3
question
Mathematics, 21.06.2019 22:30
The volume of the sun is approximately 1 × 10^18 cu km, while the volume of jupiter is approximately 1 × 10^15 cu km. which of the following is true? a. the volume of jupiter is approximately one thousand times the volume of the sun. b. the volume of jupiter is approximately one hundred times the volume of the sun. c. the volume of the sun is approximately one thousand times the volume of jupiter. d. the volume of the sun is approximately one hundred times the volume of jupiter.
Answers: 2
You know the right answer?
One way that a company can raise money for expansion is to sell stock. When you buy a share of a com...
Questions
question
Mathematics, 13.10.2020 20:01
question
Mathematics, 13.10.2020 20:01
question
Mathematics, 13.10.2020 20:01
Questions on the website: 13722361