Question

I WILL MAKE YOU BRAINLESS PLEASE EXPLAIN HOW YOU GOT THE ANSWER

The closing price of a share of stock in company XYZ is $25.69 on Thursday. If the change from the closing price on Wednesday is -$0.75, find the closing price on Wednesday. $26.44 $24.94 $25.75 $25.06

Answer 1

The closing price on Thursday was $25.69 and on Wednesday, it went down by 0.75. and it went down again by 0.75 which brought it to $25.69.

That would mean the closing price on Wednesday was $26.44 (25.69 + 0.75)