Step-by-step explanation:
a) There's a mistake at the third step from the beginning.
b) Instead of adding 25 , Josh added 100. While solving an equation using "Completing Squares Method" , we need to write the L.H.S. in the form of or , so that in the next step it can be converted into or .
c)
Taking -88 to R.H.S. , it's sign changes and becomes +88.
Using "Completing Squares Method" , L.H.S. can be written as :-
/2
; today the stock is valued at 203
/8
. We could say the stock
is performing at which of the following?
A. On par
B. Par equality
C. Below par
D. Above par
The stock is performing "Below par" since its current value is below the purchase price. The correct answer is option C.
To determine how the stock is performing, we compare the current value of the stock to the purchase price.
Ten weeks ago, Jerry bought the stock at 211/2, which can be written as 211.5. Today, the stock is valued at 203/8, which is equivalent to 203.375.
Comparing the purchase price (211.5) to the current value (203.375), we can see that the stock has decreased in value.
Therefore, the stock is performing "Below par" since its current value is below the purchase price.
Hence, the correct answer is option C.
Learn more about the stock price here:
#SPJ6
Answer:
32.45%
Step-by-step explanation:
To find the buying price as a percent of the selling price, we need to calculate the profit margin as a decimal first:
Profit margin = Selling price - Buying price
Profit margin = $59.95 - $40.50
Profit margin = $19.45
Now we can find the percent by dividing the profit margin by the selling price and multiplying by 100:
Percent = (Profit margin ÷ Selling price) x 100
Percent = ($19.45 / $59.95) x 100
Percent = 32.45%
Therefore, the buying price is 32.45% of the selling price.