The stock price per share was $8.60
Number of shares bought 1000
Total price for the shares:
(Cost per share)*(Number of shares)
=8.60*1000
=$8600
The stock price after 1 year $9.15
Total number of shares is 1000
Current price=(current share price)*(number of shares)
9.15*1000
=$9150
current value=(Current price)-(buying price)
=9150-8600
=$550
Net Profit=(Current value)-(Expenses)
=550-14
=$536
Answer:
42
Step-by-step explanation:
The height of the pole is 4 times shorter than the length of the shadow 20÷5=4
The height of the building must be 4 times shorter than its shadow length 168÷4=42
Answer:
2 quarters and 15 dimes
Step-by-step explanation:
15 dimes = $1.50
2 quarters = $0.50
$1.50+$0.50=$2.00
A. False
B. True
C. False
D. True
R(x) = 60x - 0.2x^2
The revenue is maximum when the derivative of R(x) = 0.
dR(x)/dx = 60 - 0.4x = 0
0.4x = 60
x = 60/0.4 = 150
Therefore, maximum revenue is 60(150) - 0.2(150)^2 = 9000 - 4500 = $4,500
Maximum revenue is $4,500 and the number of units is 150 units
