Answer:
Explanation:
The <em>purchase price</em> is what Janice invested for every share.
Since the stock was priced at $31.82 per share and she received a $1.11 dividend per share, her investment was:
- $31.82 - $1.11 = $30.71 per share ← answer
This price is the cost for Janice, over which she shall calculate their returns (gains or losses) on the future, when she sells the shares, for instance.
The total investment of Janice was the number of shares multipled by the purchase price:
- 40 shares × ($31.82 - $1.11)/ share
- 40 shares × ($30.71) / share = $1,228.40 (total investment)
Average speed is total distance divided by total time.
Total distance is 50 m + 150 m + 300 m = 500 m
Total time is 68 s + 35 s + 22 s = 125 s
Average speed is 500 m / 125 s = 4 m/s
If the equation is complete the products would be manganese chloride and oxygen gas would be given off.
MnCl2 + O2