Exam 8: The Stock Market

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A stock that was selling for $48 a share split 2-for-1.Before the split,the company had 3.4 million shares of stock outstanding.What is the post-split number of shares outstanding?

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B

In a reverse stock split,the number of outstanding shares is reduced while the market price per share stays the same.

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On July 3,the ABC Corporation closed at $43.67.This was a $0.47 increase from the close the day before.What percent change is this?

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C

What does the ticker P&G 3M@ 77.85 \blacktriangle 0.13 mean?

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At the end of the trading day on June 5,Traders,Inc.announced that its CEO had a heart attack.This news caused the stock to drop to $48.62,a drop 6.75%.If Steve had 1,000 shares of Traders,Inc. ,in his portfolio,what was the value of his portfolio before the announcement?

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Eleanor purchased $2,568 worth of stock and paid her broker a 0.5% fee.She sold the stock when the stock price increased to $3,298 using an online broker that charged $7 per trade.What are her net proceeds?

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McKenzie buys 250 shares of stock for $12 a share and pays a 2% commission.She sells the stock 3 years later for $18 a share and pays a 1% commission.What are her net proceeds?

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One share of Kimco's common stock pays an annual dividend of $1.43.Today,Kimco closed at $19.09 with a net change of +0.72.The stock yield at yesterday's closing price is about 8%.

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Vito owned 120 shares of a stock before the corporation instituted a 5-for-3 split.Before the split,the stock was selling at $16 a share.Vito now has 200 shares of the stock that is worth about $26.67 each.

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Quinton bought x number of shares for p dollars and paid a 1% commission.He sold the stock for y dollars and paid a flat fee of $7.Express Quinton's net proceeds algebraically.

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Of the shareholders in a service corporation,56% are women.If 72,820 shareholders are men,how many shareholders are women?

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Three friends are starting a food truck and are contributing a total of $140,000 to begin operations.Their investments are in the ratio of 3:4:7.What is the difference in investment between the smallest investor and the largest investor?

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Jill owns 900 shares of a corporation that pays an annual dividend of $1.82 per share.How much should she expect to receive on a quarterly dividend check?

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Leon purchased 8,500 shares of stock at a price of $11.45 a share.He sold the stock 6 years later at a price of $19.78 per share.His capital gain is about 58%.

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A candlestick chart is a type of stockbar chart.The real body is displayed in different colors to indicate the action for that day.What does it mean if the real body is red?

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ABC Company has declared dividends totaling $475,000.There are 38,000 shares of preferred stock that earn dividends of $2.50 per share.If there are 240,000 shares of common stock,how much per share does a common stockholder receive?

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Justin owned 1,500 shares of Schwinn Corporation and received a quarterly dividend check for $618.75.What was the annual dividend for one share of Schwinn?

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Which is NOT personally liable for any losses or damages?

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A crossover occurs when one moving average crosses over another.Investors should consider buying if a fast-moving average crosses over a slow-moving average and should consider selling if a fast-moving average crosses below a slow-moving average.

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Comanche Ltd closed at $15.89,a $0.43 decrease from the closing price the day before.This is a 2.6% decrease.

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