math

Pamela owns 37.5% of the stock of a corporation and sells 2/3 of her stock at a 10% profit, What percent of this stock does she own after this transaction?

a. 12.5%
b. 33 1/3%
c. 66 2/3%
d. 72.5%
e. 90%

please answer and explain

  1. 👍 0
  2. 👎 0
  3. 👁 44
asked by thomas
  1. .375 * (1- 2/3) = ?

    Change to percentage.

    1. 👍 0
    2. 👎 0
    posted by PsyDAG
  2. answer a, thank you

    1. 👍 0
    2. 👎 0
    posted by thomas

Respond to this Question

First Name

Your Response

Similar Questions

  1. finance 2 questions

    9. When Patricia sells her General Motors common stock at the same time that Brian purchases the same amount of General Motor's stock, General Motors receives: A. The spread between the bid and ask of the transaction B. The dollar

    asked by Jason on July 25, 2008
  2. investing 3-4

    4. Which of the following is the best conclusion, given only the following information: ZYX Corporation’s earnings after taxes have declined by 3.13% from the year earlier. During the past three months, ZYX purchased from

    asked by Johnny on February 22, 2009
  3. math

    Shirley has $16,000 invested in Boeing and GE stock. The Boeing stock currently sells for $30 a share and the GE stock for $70 a share. If GE stock triples in value and Boeing stock goes up 50%, her stock will be worth $34,500.

    asked by anonymous on March 14, 2011
  4. math

    Shirley has $16,000 invested in Boeing and GE stock. The Boeing stock currently sells for $30 a share and the GE stock for $70 a share. If GE stock triples in value and Boeing stock goes up 50%, her stock will be worth $34,500.

    asked by anonymous on March 11, 2011
  5. math

    A woman owns stock in two companies, company A and company B. She owns 79 shares of stock in company A. Each share of stock in company A is worth $12. Each share of stock in company B is worth $19. Write three equations to

    asked by Olivia on October 16, 2014
  6. personal finance

    Jo owns 150 shares of Delta General stock. She purchased the stock for $24 a share. She sold the stock for $30 per share. The commissions required to buy and sell her stock cost her $120. Assuming that she received no dividends

    asked by morgan on April 14, 2013
  7. Personal Finance

    Jo Bower owns 150 shares of Data General stock. She purchased the stock for $24 a share. She sold her stock for $30 a share. The commissions required to buy and sell her stock totaled $120. Assuming that she received no dividends

    asked by Anonymous on September 4, 2012
  8. Finance

    I believe the correct answer is C. If someone could please double heck for me. Trina gave her nephew Roy 100 shares of HLM Corporation stock that she purchased 6 months ago for $10,000. At the time of the gift, the fair market

    asked by Anonymous on November 9, 2016
  9. Finance

    Ezzel Corporation issued perpetual preferred stock with a 10% annual dividend. The stock currently yields 8% and its par value id $1000. What is the stock's value?

    asked by Lizette on May 13, 2010
  10. accounting

    Jones Company is authorized to issue 20,000 shares of no-par, $5 stated-value common stock and 5,000 shares of 9%, 100 par preferred stock. It enters into the following transaction: 1. Accepts a subscription contract to 7,000

    asked by Kathy on September 22, 2010

More Similar Questions