Suppose a Stock Is Selling on a Stock Exchange For 47

question 69

Short Answer

Suppose a stock is selling on a stock exchange for $47 \frac { 3 } { 8 }$ dollars per share. If you buy 200 shares, how much have you spent? $ __________

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Definitions:

Uncontrollable Costs

Expenses over which a manager or business has no direct control, often determined by external factors.

Production Manager

A professional responsible for overseeing the production process within a manufacturing facility, ensuring that goods are produced efficiently, safely, and meet quality standards.

Responsibility Centre

A unit within an organization, such as a department or division, whose manager is accountable for specific financial and operational outcomes.

Controllable

Refers to costs or factors within a business that can be managed or influenced by decisions made by the company.