What was the rate of change for acxm for the day

Assignment Help Financial Accounting
Reference no: EM132752081

Rick is a stock analyst who is evaluating ADS and ACXM. On July 12, 2010, the price of ADS before the open was $58.20 per share, and it closed at $56.07 per share. The price of ACXM before the open was $14.57 per share, and it closed at $13.43 per share. Help Rick compare the performance of these two stocks on this day.

Problem 1: By how many dollars per share was ADS down for the day?

Problem 2: By how many dollars per share was ACXM down for the day?

Problem 3: What was the rate of change for ADS for the day? Round your answer to the nearest hundredth of a percent.

Problem 4: What was the rate of change for ACXM for the day? Round your answer to the nearest hundredth of a percent.

Problem 5: If Rick is talking about dollars per share, which stock should he say was down more for the day? If he is talking about the rate of change, which stock should he say was down more for the day?

Reference no: EM132752081

Questions Cloud

How do compute what is today stock price : What is today's stock price? 4pass Inc. just paid an annual dividend of 2.12. The company follows a dividend policy that raises dividends annually
How can you approach the issue in the workplace : If you was to encounter or deal with a ethical situation in the workplace, such as Discrimination or Sexual Harassment which may impact either you.
What is the one-year forward rate of a mexican peso : Risk-free interest rate in the United States, Australia, and Mexico is 10 percent. What is the one-year forward rate of a Mexican peso in Australian dollars?
How your plan would fit in with the current pay philosophy : Select a single job within walt Disney and develop a basic group incentive plan. Be sure to include: job duties, current pay rate, a defined link between.
What was the rate of change for acxm for the day : Rick is a stock analyst who is evaluating ADS, What was the rate of change for ACXM for the day? By how many dollars per share was ADS down for the day?
What does organizational psychology has to do : What does organizational psychology and human problems in organizations has to do with leading organizational change? The response must be typed.
Describe the main takeaway from step in the process : Employers and their contracted employees don't always agree. An employer has an obligation to bargain under the National Labor Relations Act (NLRA).
Find what are the portfolio weights for a portfolio : What are the portfolio weights for a portfolio that has 138 shares of Stock A that sell for $48 per share and 118 shares of Stock B that sell for $38
Paper on how to help keep family together : Paper on How to help keep family together and children out of foster care - Add a paragraph about how the likely results of your study would be useful

Reviews

Write a Review

Financial Accounting Questions & Answers

  Increased by this sales transaction

A company delivered $10,000 of goods to a customer that agreed to pay cash within 30 days. The goods had cost $8,000 to manufacture. Which of the following items would be increased by this sales transaction? (check all that apply)

  What is the correct context for the speech

What is the correct context for the speech? Where and when will it be given? Who is the audience and what are their characteristics?

  Explain why are allocations called arbitrary

Allocate the $1,000,000 common costs to the two revenue departments using both methods. Explain why are allocations called arbitrary?

  Calculate the weighted cost of capital

Corporations often use different costs of capital for different operating divisions. Using an example, calculate the weighted cost of capital (WACC). What are some potential issues in using varying techniques for cost of capital for different divisio..

  Quantify or measure risk to the task of managing risk

In situations where Knightian or Fundamental Uncertainty exists, must we conclude that there is no way that these risks can be managed or mitigated?

  Ending balance of materials inventory

An income statement of a manufacturer will show the ending balance of work in process. contains only manufacturing costs. will show the ending balance of materials inventory. covers a certain period of time.

  Explain how the amount of goodwill is determined

Sharp Company will acquire 90 percent of Moore Company in a business combination. The total consideration has been agreed on, but the nature of Sharp's payment has not. Explain how the amount of goodwill is determined. From a theoretical standpoint, ..

  How many elites will be sold at the break-even point

Richter Company sells two models of its product. The Premium sells for $100 and has variable cost of $60. The Elite sells for $70 and has variable cost of $50. Richter typically sells 3 Elites for every Premium sold. Fixed costs are $250,000. How man..

  What journal entries should clemens record for completion

Clemens Cars' job cost sheet for job A40 shows that the cost to add security features to a car was $19,500. The car was delivered to the customer, who paid $24,200 in cash for the added features. What journal entries should Clemens record for the com..

  Estimated revenues property taxes

(Budgetary journal entry)A city adopted the following budget for its General Fund for 2013. Prepare the journal entry to record the budget. Estimated Revenues Property taxes $ 9,500,000 Sales taxes 1,835,000 Fines and forfeits 65,500 Intergovernmenta..

  What is the total contribution margin at break-even point

Menlo Company distributes a single product. The company’s sales and expenses for last month follow: Total Per Unit Sales $ 306,000 $ 20 Variable expenses 214,200 14 Contribution margin 91,800 $ 6 Fixed expenses 73,800 Net operating income $ 18,000. W..

  Prepare entries in general journal form to record the

prepare entries in general journal form to record the following transactions in general fund general ledger accounts

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd