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13. Tumblr's initial IPO was $38 per share. Anjie purchased 616 shares. What was Anjie's cost to purchase the shares? A. $20,000 OB. $23,408 OC. $23,415 O D. $22,514
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13. Tumblr's initial IPO was $38 per share. Anjie purchased 616 shares. What was Anjie's cost to purchase the shares?

A. $20,000
OB. $23,408
OC. $23,415
O D. $22,514

User WishIHadThreeGuns
by
8.4k points

1 Answer

4 votes

Answer:

B) $23,408

Explanation:

to find the total cost, we need to multiply the cost per share and the number of shares:

$38 * 616 = $23,408.

User Assad Ullah Ch
by
8.7k points
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