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DIA [1.3K]
2 years ago
5

Intro to Investing Math Quiz

Business
1 answer:
olga nikolaevna [1]2 years ago
4 0

As a result of having increased from a price of $55 to $85, we can say that the stock value increased by<u> 54.55%</u>

The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:

<em>= New price - old price </em>

= 85 - 55

= $30

In percentage terms, this is:

<em>= Increase/ Old price x 100%</em>

= 30 / 55 x 100%

= 54.55%

In conclusion, the stock value increased by 54.55%

<em />

<em>Find out more at brainly.com/question/10273187.</em>

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False.

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Answer:

Journal Entries

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( 100 / 1000 ) * 100 = 10%
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