In June, an investor purchased 300 shares of Oracle (an information technology company) stock at $53 per
Question:
In June, an investor purchased 300 shares of Oracle (an information technology company) stock at $53 per share. In August, she purchased an additional 400 shares at $42 per share. In November, she purchased an additional 400 shares at $45. What is the weighted mean price per share?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
Weighted mean price pe...View the full answer
Answered By
Bhupal Reddy Penthala
I did my Master of Science (M Sc) in Mathematics and Bachelor of Education(B Ed).
I am a certified math tutor with more than 20 years of experience. I have been teaching students of various age groups
I am proficient in teaching Algebra, Calculus, AP Calculus, Complex Numbers, Probability, Statistics, Trigonometry, Differential Equations, and Geometry. I have in depth knowledge of these topics. I can train students for Math part of SAT, GRE, GMAT, ACT.
I can teach from very basics to advanced level. I teach students keeping their goals in mind. I customize the lessons according to students' needs.
Some of my students are studying prestigious institutions like Indian Institute of Technology. I got very good feedback from some of my students.
0.00
0 Reviews
10+ Question Solved
Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
Question Posted:
Students also viewed these Mathematics questions
-
What is the weighted average number of shares for computing earnings per share and how is it calculated?
-
What is the weighted average method of determining equivalent units? Why is it used? What are its weaknesses?
-
What is the weighted average cost of capital (WACC), and how is it calculated?
-
A vertical well is drilled through a stratigraphic section twice (repeated section). What type of fault can we infer, and why can we not explain this by folding?
-
Analyze the effects on a large open economy of a temporary adverse supply shock that hits only the foreign economy. Discuss the impact on the home country's national saving, investment, and current...
-
S. Nigam decided to covert his business into a limited company as and from 1st April, 2016, and decided to become a director on a monthly salary of 1,000. The company was duly incorporated on 1st...
-
Create Your Own: Bubble Plot Using any of the datasets that come with this text that include at least three quantitative variables (or any other dataset that you find interesting and that meets this...
-
Gletchen Cough Drops operates two divisions. The following information pertains to each division for 2017: Division A Division B Sales........................................................
-
Fairfield Company's raw materials inventory transactions for the most recent month are summarized here: Note: Assume, purchase of raw materials is on account. Beginning raw materials Purchases of raw...
-
A round bar ACB of length 2L (see figure) rotates about an axis through the midpoint C with constant angular speed v (radians per second). The material of the bar has weight density g. (a) Derive a...
-
Sally Reynolds sells real estate along the coastal area of Northern California. Below are her total annual commissions between 2008 and 2018. Find the mean, median, and mode of the commissions she...
-
The Loris Healthcare System employs 200 persons on the nursing staff. Fifty are nurses aides, 50 are practical nurses, and 100 are registered nurses. Nurses aides receive $12 an hour, practical...
-
In what way do knock-off handbags designed to look like legitimate handbags pose a threat to designers and makers of handbags?
-
Beginning inventory, purchases, and sales for Item MMM8 are as follows: November 1 Inventory 108 15 9 Sale 92 16 Purchase 133 19 25 Sale 84 Assuming a perpetual inventory system and using the...
-
What PEST (Political, Economic, Social or Technological) trend or issue has had the most impact on the role of the Sales Professional?
-
(1) Tesla had stated that its annual production target for 2030 is 30 million electric vehicles. (a) What are the key constraints that Tesla faces in trying to achieve this target? (b) Is this...
-
Looking just at the present, how will the changes in the way care is provided (delivery) change the needs of the patient who wants to be more involved in the decisions of their care?
-
Day Wave Company sells three products, Dusk, Dawn, and Twilight. Income statement data for the Company's current year is provided below: Unit Sales Dusk 5,000 Dawn 10,000 Twilight 15,000 Totals...
-
Fred, Inc., and Herman Corporation formed a business combination on January 1, 2011, when Fred acquired a 60 percent interest in Herman's common stock for $312,000 in cash. The book value of Herman's...
-
Open Text Corporation provides a suite of business information software products. Exhibit 10-9 contains Note 10 from the companys 2013 annual report detailing long-term debt. Required: a. Open Text...
-
Past surveys reveal that 30% of tourists going to Las Vegas to gamble spend more than $1,000. The Visitor's Bureau of Las Vegas wants to update this percentage. a. The new study is to use the 90%...
-
A sample of 250 observations is selected from a normal population for which the population standard deviation is known to be 25. The sample mean is 20. a. Determine the standard error of the mean. b....
-
Marty Rowatti recently assumed the position of director of the YMCA of South Jersey. He would like some current data on how long current members of the YMCA have been members. To investigate, suppose...
-
Design a power transmission system to connect a DC motor to its load. The motor is given in the motor catalogue as a BM1400 motor. You must create a transmission which will connect to this motor and...
-
SDJ, Incorporated, has net working capital of $3,320, current liabilities of $4,550, and inventory of $4,600. a. What is the current ratio? b. What is the quick ratio?
-
Calculate the final selling price to the nearest cent and markdown percent to the nearest hundredth percent: Original selling price $4,900 First markdown 20% Second markdown 10% Markup 12% Final...
Study smarter with the SolutionInn App