Solved

Ninety Shares of Mattel Stock Have Been Purchased for $15

Question 9

Multiple Choice

Ninety shares of Mattel stock have been purchased for $15 per share. How many shares of FedEx at $60 per share are needed to raise the average price of all shares to $50 per share? Round your answer to the nearest share if necessary.


A) 315
B) no solution
C) 210
D) 525
E) 394

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: At 3:00 p.m., 29-foot tree casts

Q5: An access ramp needs to rise 24

Q6: Does the phrase describe quantity or rate?

Q7: Write the percent problems as equations

Q8: At 5:00 p.m., a 30-foot tree casts

Q10: Use a calculator to evaluate the

Q11: Write the staircase slope in fraction

Q12: Use proportions to find x. Round your

Q13: Does the phrase describe quantity or rate?

Q14: Write the percent problem as a proportion