Multiple Choice
An investor purchased shares of Acme Company as follows: 500 shares @ $10 per share, 10,000 shares @ $6.00 per share, and 1,000 shares at $4.00 per share. What is the investor's average cost per share?
A) $7.00
B) $6.00
C) $6.67
D) $23,000
E) $6.50
Correct Answer:
Verified
Correct Answer:
Verified
Q154: At the start of the year, Sanford
Q155: M Studios files GST returns quarterly. In
Q156: Melanie's regular hourly rate of pay is
Q157: Sandy is a commissioned car sales consultant,
Q158: How must you allocate your money among
Q160: Evaluate the answer .: (5 + 3)<sup>2</sup>
Q161: In March, Canada's exports to the United
Q162: A province's progressive income tax rates are
Q163: Evaluate the answer correct to one decimal
Q164: Evaluate <span class="ql-formula" data-value="\frac{\$ 1750\left(1+\frac{0.11}{4}\right)^{3}}{1+0.075