SOLUTION: The sum of $5,992 was spent for 214 shares of stock. What was the cost per share?
I believe I divide 5,992 by 214 but I am not sure could someone please help me.
Algebra.Com
Question 396243: The sum of $5,992 was spent for 214 shares of stock. What was the cost per share?
I believe I divide 5,992 by 214 but I am not sure could someone please help me.
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
You are correct. The cost per share would be dollars a share.
RELATED QUESTIONS
Sherry bought a number of shares of stock for $250. Six months later the value of the... (answered by solver91311)
You own 100 shares of Stock A and 30 shares of stock B. On Monday, stock A decreased by... (answered by oscargut)
calculate the confidence interval for age of 62 adolescent girls,if the mean was... (answered by stanbon,richard1234)
Before a 5- for- 3 stock split, the shares outstanding were 45,000 shares at $15 par.... (answered by richwmiller)
Two different stocks were purchased for $18,025. The first stock was priced at$45.50 per... (answered by stanbon)
I purchased 300 shares; I purchased 3 times as many shares of common as I did preferred.... (answered by mananth)
In an individual retirement account valued at $53,900, a couple has 500 shares of stock,... (answered by nerdybill)
an investor bought 400 shares of stock, some at $4.50 per share and some at $7.50 per... (answered by babs1010)
An investor bought 600 shares of stock, some at $5.75 per share and some at $7.00 per... (answered by richwmiller,AlgebraLady88)