Question

Krit Corp. is a US manufacturing company based in the Midwest. As an investor, Wilson bought 200 shares of stock in Krit Corp. The stock price of Krit Corp. is currently trading at $25.00 per share. Wilson’s total wealth in Krit Corp. is:

Answer 1

Answer:7,312.50

Explanation:multiply 225 shares and $32.50 per share

225 x 32.50 = 7,312.50

Answer 2

total wealth in Krit Corp is $5000

Step-by-step explanation:

given data

stock = 200 shares

treading = $25 per share

to find out

total wealth in Krit Corp

solution

we know here investor bought 200 share at $25 per share current treading

so here

total wealth in Krit Corp wuill be = stock × treading ...............1

put here all these value we get in equation 1

total wealth in Krit Corp = stock × treading

total wealth in Krit Corp = 200 × 25

total wealth in Krit Corp = $5000

so total wealth in Krit Corp is $5000