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Laabri

Chapter 8 Test Review 2025

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Last updated over 1 year ago
32 Nsɛmmisa
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Asemmisa {{asɛmmisaAhyɛnsode}}
1.

Michael owns 32% of a business. He has invested $124,800. What was the total value invested in the business?

Asemmisa {{asɛmmisaAhyɛnsode}}
2.

Alicia and Joe own a business where they invested 5:8, respectively. Alicia invested $50,000. What percentage of the business does Joe own rounded to the nearest tenth?

Asemmisa {{asɛmmisaAhyɛnsode}}
3.

Match each word to their corresponding definition

Draggable itemarrow_right_altCorresponding Item

trades

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money used to start a business

market cap

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stock market transactions

yield

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profit split among shareholders

capital

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percentage value of the dividend

dividend

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total value of all of a company's outstanding shares

Asemmisa {{asɛmmisaAhyɛnsode}}
4.

What was the closing price from yesterday, March 20th?

Asemmisa {{asɛmmisaAhyɛnsode}}
5.

What was the volume for March 21st in numerical value?

Asemmisa {{asɛmmisaAhyɛnsode}}
6.

What was the net change from the closing prices of yesterday to today? round to the nearest hundredth.

Asemmisa {{asɛmmisaAhyɛnsode}}
7.

What was the day's close on May 1st? (whole dollar amount)

Asemmisa {{asɛmmisaAhyɛnsode}}
8.

What was the day's high on April 29th? (Whole dollar amount)

Asemmisa {{asɛmmisaAhyɛnsode}}
9.

Rachel is considering buying a stock that pays an annual dividend of $1.21. If she purchases 800 shares for $24.16 a share, and the closing price for the day was $28.17, what would her yield be? Round to the nearest tenth.

Asemmisa {{asɛmmisaAhyɛnsode}}
10.

Rachel is considering buying a stock that pays an annual dividend of $1.21. If she purchases 800 shares for $24.16 a share, what would her quarterly income from dividends be?

Asemmisa {{asɛmmisaAhyɛnsode}}
11.

Annika owns 3,000 shares of a corporation that pays a quarterly dividend of $.09 per share. How much should she expect to receive in a year from dividends?

Asemmisa {{asɛmmisaAhyɛnsode}}
12.

Gabriella owned 945 shares of Party City Corporation at a price of $62.79. The stock split 5-for-3. What was the cost per share post-split?

Asemmisa {{asɛmmisaAhyɛnsode}}
13.

Steve owned 742 shares of Graham Corporation. On January 3, a 7-for-4 split was announced. The stock was selling at $24 per share before the split. What was the post number of shares?

Asemmisa {{asɛmmisaAhyɛnsode}}
14.

On March 22nd, Palmas, Inc. instituted a 1-for-10 reverse stock split. Before the split, the market share price was $0.94 and there were 600,000 shares. What were the post-split share price?

Asemmisa {{asɛmmisaAhyɛnsode}}
15.

On March 22nd, Palmas, Inc. instituted a 1-for-10 reverse stock split. Before the split, the market share price was $0.94 and there were 600,000 shares. What was the post-split number of shares?

Asemmisa {{asɛmmisaAhyɛnsode}}
16.

In October, Johnson n Johnson instituted a 3-for-1 split. After the split, the price of one share was $39.24. What was the pre-split price per share?

Asemmisa {{asɛmmisaAhyɛnsode}}
17.

In October, Johnson n Johnson instituted a 3-for-1 split of 3,000. After the split, the price of one share was $39.24. What was the post-split number of shares?

Asemmisa {{asɛmmisaAhyɛnsode}}
18.

QualComm, Inc. instituted a 4-for-1 split in November. After the spilt, Elena owned 17,800,000 shares. How many shares had she owned before the split?

Asemmisa {{asɛmmisaAhyɛnsode}}
19.

Tesla has 1.3 million shares at a cost of $41.36. What is the market cap?

Asemmisa {{asɛmmisaAhyɛnsode}}
20.

A few years ago, Spongebob bought 300 shares of Mr. Crabs Corporation at $44.72. Spongebob just sold those shares at $61.29. What was his capital gain?

Asemmisa {{asɛmmisaAhyɛnsode}}
21.

A few years ago, Spongebob bought 300 shares of Mr. Crabs Corporation at $44.72. Spongebob just sold those shares at $61.29. What was his capital gain as a percent of the purchase price rounded to the nearest tenth?

Asemmisa {{asɛmmisaAhyɛnsode}}
22.

Mrs. Tatum buys 620 shares of stock at $22.70. Her broker charges a 0.8% commission. How much did Mrs. Tatum pay her broker?

Asemmisa {{asɛmmisaAhyɛnsode}}
23.

King Titan bought 500 shares of a stock at $15.25 a few years ago. His broker charged her a 1.1% commission. He then sold all of his shares at $21.29, using an online broker who charges $28 per transaction. What were King Titan's capital gains, including broker fees?

Asemmisa {{asɛmmisaAhyɛnsode}}
24.

Monce invests $36,000 in a business. If she owns 15% of the business, what is the total worth of the business?

Asemmisa {{asɛmmisaAhyɛnsode}}
25.

Jacob bought 260 shares for $41.50 and was charged a 1% commission. He was struggling to get by and sold his 260 shares for $32 with a trade transaction fee of $87. What were his capital gains/losses?

Asemmisa {{asɛmmisaAhyɛnsode}}
26.

What was the day open on May 2nd?

Asemmisa {{asɛmmisaAhyɛnsode}}
27.

Between which two days did after-hour trading have the biggest effect?

Asemmisa {{asɛmmisaAhyɛnsode}}
28.

Write the approximate volume for May 1st.

Asemmisa {{asɛmmisaAhyɛnsode}}
29.

Below represents the shares bought by Alex.

How many shares did Alex buy?

Asemmisa {{asɛmmisaAhyɛnsode}}
30.

Below represents the shares bought by Alex.

How much did the DIS share cost in total?

Asemmisa {{asɛmmisaAhyɛnsode}}
31.

The closing price for 5 consecutive trading days for a particular stock are:

$42.31, $44.36, $42.38, $43.44, $41.44

Calculate the 3-day Simple Moving Average by using the arithmetic average formula. Put a comma then space between each answer.

Asemmisa {{asɛmmisaAhyɛnsode}}
32.

Five years ago, Tj purchased stock for $2431. Yesterday, he sold the stock for $1,919. Did Tj have a capital gain or loss?