Total amount of Money saved by Manny is $150. He wants to buy a digital player with it.
The digital music player costs $89, and each song costs $0.99. Let x represent the number of songs that he can afford. This means that the cost of x songs would be
89 + 0.99x
If Manny spends no more than $150, before tax, the number of songs that he can buy will be
The first statement is correct, a company's traded shares reduces *BUT* that results in an increase in the par value or earnings per share. Same goes for a stock.
