Unit 2 Review

Apple stock plummets and now you have to decide if you hold onto your stock in the hopes that it goes back up, or sell it at a loss.  Apple stock is now selling for $54.76 a share.  You have 2 shares.  When you first bought them their total value was $226.10.  What is their total value now?

• $200.52

• $109.52

• $54.76

• $226.10

Using this paystub, how much total was deducted from their gross pay?

• $384.26

• $584.26

• $484.26

• $Nothing

Using the pay stub, how much did FICA take out?

• $213.98

• $173.42

• $40.56

• $113.98

How many shares of market value $25 can be purchased for $15,775?

• 621

• 641

• 651

• 631

I currently have $350 in my stock market account right now. If I want to buy 10 shares from Company A for $3.00 a piece and 20 shares from Company B at $5.00 a piece, how much money would I have left?

• $300

• $220

• $150

• $200

I have $2,000 in my brokerage account. I want to use 55% of it to invest in Company B. How much would I have to invest in Company B?

• $1,000

• $1,100

• $1,200

• $1,300

There are 35 shares available in company A at $2.50 per share. There are 30 shares available in Company B at $3.00 per share. Who should I invest in and how much would it cost?

• Company B

  $90

• Company A

  $80

• Company A

  $87.50

• Company B

  $87.50

If Apple wants to sell 65% of their 4 million dollar company, how much would they be selling?

• 1.6 million

• 3.6 million

• 2.6 million

• 1 million

If I had $486.75 in my checking account, and I wrote a check to my friend for $45.25 and made a deposit for $126.80, how much do I have in my account now?

• $468.25

• $668.30

• $368.30

• $568.30

Looking at the check register, how much in total were the deposits?

• $1,519.20

• $2,239.14

• $865.89

• $2,240.14