Question

Lakita’s dad was teaching her about the stock He has 100 shares of Company A stock valued at $45 a share and 250 shares of Company B stock valued at $22 a share. How much is his stock worth?

Answer 1

Answer: $10,000
Explanation:
Lanna's dad stock worth will be the value of the total shares in both company A and company B.
Value of stock in company A = 100 × $45 = $4500
Value of stock in company B = 250 × $22 = $5500
Total stock worth = $4500 + $5500 = $10,000