Qualitative methods are primarily based on numerical data importance of research observations the number of surveys returned sta
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Answer:
A. $ 24 7/8
Step-by-step explanation:
GIVEN: A stock starts the day at $27 3/8 per share.
Share drops $2 1/2 during the day.
To Find : Closing value
Solution : first we need to find how many 1/8 are there in 1/2
So,
when share drops by $2 then share will be :
$27 - $2 =$25
and
⇒
⇒
So,
⇒
So, its closing value is .