Stock Market
How many shares of Adidas stock were sold today?
ADI 43K @ 105.50 ▲ 2.33
43,000 shares
What is the memo line on a check for?
The subject or reason of the check.
On a credit card statement, what does a debit represent?
Purchases
What is a sole proprietorship?
Business owned by 1 person.
Create a stock ticker for the following scenario.
General Electric sold 23,400 shares of stock at $47.25 each, which is up $1.29 from yesterday.
GE 23.4K @ 47.25 ▲ 1.29
Your savings account must have at least $2,000, or you will be charged a $10 fee. Your balance was $2,020 when you withdrew $417. What will your balance be after this transaction?
$1,593
What is a mortgage?
Loan on a house.
What is an asset?
Everything of value that a person owns.
Berlynn purchased 42 shares of a corporation that pays a $204.10 annual dividend per share. What is her annual dividend income?
$8,572.20
This week, Sarah deposited $550 into her checking account and withdrew $75. If her account balance was $1,500 at the beginning of the week, what was her balance at the end of the week?
$1,975
Payments
What is a business or company that is owned by shareholders?
Corporation
In 2021, Mark Cuban purchased Coca-Cola stock for $52,500. Today, he sold the stock for $50,650. Did he have a gross capital gain or loss?
Gross Capital Loss
How much simple interest does $500 earn in 2 years at an interest rate of 5.2%? Round to the nearest cent.
$52
On your account, you have a credit line of $5,000 and a balance of $485. What is your available credit?
$4,515
Matt owns 51% of the stock in a restaurant chain. There are 4,200 shares in the entire chain. How many shares does Matt own?
2,142 shares
Last month, you purchased 45 shares of Netflix stock for $38 each. Today, you sold each share for $53 per share. What was his total gross capital gain?
Calvito bought a $2,400 hammock on an installment plan. The installment agreement included a 20% down payment and 10 monthly payments of $250.
After paying off the hammock completely, how much money did he spend total on the hammock?
$2,980
Previous Balance= $4,524
Payments/Credits= $424
New Purchases= $715
Finance Charge= $12
What is the New Balance?
$4,827
Tim invests $22,000 in a store owned by several others. The total investment of all partners is $750,000. What percent of the store does Tom own?
2.9%