Three weeks ago John bought stock at 49 1/4 ; today the stock is valued at 49 7/8. We could say the stock is preforming at which

Question

Savatey [412]

2 years ago

15

Three weeks ago John bought stock at 49 1/4 ; today the stock is valued at 49 7/8. We could say the stock is preforming at which

of the following?

Mathematics

2 answers:

leonid [27] · Answer 1 · 2023-12-23T04:22:54+03:00

leonid [27]2 years ago

6 0

Yes it is right because 497/8 and 491 /8 if u add it is 989/6

iren [92.7K] · Answer 2 · 2023-12-23T05:29:51+03:00

Solution:

Value of Stock three weeks ago = $49 \frac{1}{4}$

Current value of stock = $49 \frac{7}{8}$

Total increase= $49 \frac{7}{8}$ - $49 \frac{1}{4}$ = $\frac{5}{8}$

So, we can conclude from above two observation, that

The market value of that stock or bond has rose higher the reason being value of the organization or product i.e stock is slanting in upward direction.Why value of organization has increased because company has cordial relationship with it's employees, clients and the people attached with this organization, means distribution of profit is equally shared between owner and people attached with this organization.