Posted by ***Thara*** on Tuesday, February 2, 2010 at 5:05pm.

The price of the common shares of SouthCo was valued at $39.45 at the end of 2009, increased by 8.06% in 2010, and overall increased by 12.60% over the two year period 2009/2010. What was the original price of each share at the beginning of 2009?

ANSWER: Initial Value= $39.45*(100% 8.06%)/(100%+12.60)

Initial Value= $37.86

What do i do if the question was the same but instead of INCREASING both time its DECREASED.((The price of the common shares of SouthCo was valued at $39.45 at the end of 2009, DECREASED by 8.06% in 2010, and overall DECREASED by 12.60% over the two year period 2009/2010. What was the original price of each share at the beginning of 2009?))

## Answer This Question

## Related Questions

- Math - 1. The table shows the growth in the number of Mcdonalds restaurants ...
- mayh - Price of corn was 4%/ on Jan 2009 and 7%/ on Jan 2010. By what percentage...
- Advanced accounting - Up owns 80% of Down. During 2009 Down began selling ...
- finance 200 - ยท Complete the following problems (Do Not repeat the questions): 1...
- Please Help! Rate of change... - Taxes: Along with incomes, peoples charitable ...
- ACCOUNTING- 2 - HELP HERE IS WHOLE PROBLEM.IT NEEDS TO BE JOURNALIZED PROPERLY. ...
- Find the rate of change - Taxes: Along with incomes, peoples charitable ...
- accounting - Lone Star Theatre Inc. owns and operates movie theaters throughout ...
- Accounting - Carpaitha Inc began 2009 with $140,000 in cash. The company plans ...
- math - the number of dogs taken in daily at a local animal shelter increased ...

More Related Questions