Questions from Financial Algebra

Q: The ticker shows trades of stock in Hewlett-Packard (HPQ

The ticker shows trades of stock in Hewlett-Packard (HPQ), Exxon-Mobil (XOM), and Chevron (CVX). a. How many shares of Hewlett-Packard were sold? b. What was the total value of all the HPQ shares so...

Q: A corporation is having a shareholders meeting to vote on a new

A corporation is having a shareholders meeting to vote on a new issue. Not all shareholders are able to attend. In fact, most usually do not. The ownership of the corporation is represented by 2,351,0...

Q: A private corporation owned by 35 shareholders is worth $1.

A private corporation owned by 35 shareholders is worth $1.7 million. The corporation loses a lawsuit worth $3 million. What is the value of any personal property of the shareholders that can be taken...

Q: Tomika owns 35 of a law partnership. What percent of the

Tomika owns 35 of a law partnership. What percent of the partnership does she own?

Q: Ryan owns 38 of a florist shop worth $76,000

Ryan owns 38 of a florist shop worth $76,000. What is the value of Ryan’s share of the business?

Q: A corporation issues 1,200,000 shares of stock to

A corporation issues 1,200,000 shares of stock to shareholders. How many shares must a shareholder own to have a majority of the shares?

Q: Verify that Jon’s method works to determine the post-split price

Verify that Jon’s method works to determine the post-split price and shares outstanding for HVC, which executed a 4-for-1 split on July 10 with 22,676,800 outstanding shares and a market price of $203...

Q: Elisa owns 28% of Grud man Corp. The rest of

Elisa owns 28% of Grud man Corp. The rest of the shares are owned equally by the remaining six shareholders. What percent of the corporation does each of the other shareholders own?

Q: Julie and Kristen are the partners in a local sporting goods shop

Julie and Kristen are the partners in a local sporting goods shop. They needed $51,000 to start the business. They invested in the ratio 5:12, respectively. a. How much money did each invest? b. Wha...

Q: Joe, Thea, and Taylor invested in a partnership in the

Joe, Thea, and Taylor invested in a partnership in the ratio 1:4:7, respectively. Years later, when the partnership was worth $1.6 million, Thea decides to go to graduate school and sells her part of...