Answer: $78
Step-by-step explanation:
From the question, we are informed that the stock of Company A gained 2% today to $79.56. The opening price of the stock in the beginning of the day will be calculated as:
= [100% / (100% + 2%)] × 79.56
= (100% / 102%) × 79.56
= 1/1.02 × 79.56
= 79.56/1.02
= 78
Therefore, opening price of the stock in the beginning of the day is $78
Answer:15 times
Step-by-step explanation:
For the 3 batches it is 3 x 5/4 (5/4 is how much each batch costs)=15/4
And you must divide 15/4 by 1/4 or multiply it by 4 crossing out the denominator giving you your answer 15
Yes! That is correct!
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0.0003 would be 1/10 of 0.00003. If you divided 0.00003 by 10 you would get 0.0003. In fraction form it is 3/10,000
Hoped this helped.
