fionademoss2252 fionademoss2252
  • 12-08-2022
  • Mathematics
contestada

The cost of 900 shares of stock selling for 57 5/8 is a. $787.50 b. $957.88 c. $51,300 d. $52,087.50

Respuesta :

Anshuyadav Anshuyadav
  • 20-08-2022

The cost of 900 shares would by $51,862 if the cost of each share is 57 5/8.

According to the given question.

The cost of each share is $57 5/8 or $461/8.

Therefore,

900 share would cost

= 900 × $461/8

= 900 × $57.625

=  $51,862

Hence, the cost of 900 shares would by $51,862 if the cost of each share is 57 5/8.

Find out more iformation about cost of shares here:

https://brainly.com/question/14019424

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