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Flura [38]
3 years ago
8

Krit Corp. is a US manufacturing company based in the Midwest. As an investor, Wilson bought 200 shares of stock in Krit Corp. T

he stock price of Krit Corp. is currently trading at $25.00 per share. Wilson’s total wealth in Krit Corp. is:
Business
1 answer:
Westkost [7]3 years ago
3 0

Answer:

total wealth in Krit Corp is $5000

Explanation:

given data

stock  = 200 shares

treading = $25 per share

to find out

total wealth in Krit Corp

solution

we know here investor bought 200 share at $25 per share current treading

so here

total wealth in Krit Corp wuill be = stock × treading ...............1

put here all these value we get in equation 1

total wealth in Krit Corp = stock × treading

total wealth in Krit Corp = 200 × 25

total wealth in Krit Corp = $5000

so total wealth in Krit Corp is $5000

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