Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need question number 2 (A) 164,726 Euros (B) 172,577 Euros (C) 164,045 Euros (D) None of these The information that we need is shown

I need question number 2

(A) 164,726 Euros (B) 172,577 Euros (C) 164,045 Euros (D) None of these

The information that we need is shown in the table Share price.

Step 1

Calculate yesterday's share price for each share Fevs plc = 1586/0.91 = 1742.86 x 50 = 87,143 Steapars = 2537/1.01 = 2511.88 x 100 = 251,188 Difference = 251,188 - 87,143 = 164,045

So the correct Answer is (C) 164,045 Euros

can you explain it

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Algebra Graphs and Models

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

5th edition

321845404, 978-0321791009, 321791002, 978-0321783950, 321783956, 978-0321845405

More Books

Students also viewed these Mathematics questions

Question

Suppose P(A) = 7/8 and P(B | A) = 5/7. Find P(A& B).

Answered: 1 week ago