Interactive practice questions
Robert would like to buy $\$8000$$8000 worth of shares in Pacific Airways..
If the current share price is $\$2.65$$2.65, how many shares can Robert buy?
Round your answer down to the nearest whole share.
After a period of time, the price of the shares increases to $\$4.24$$4.24. At this point, Robert decides to sell all of his shares. What total profit does Robert make on the initial purchase?
Round your answer to the nearest cent.
The stockbroker charges Robert $\$10$$10 for the initial purchase and another $\$19$$19 for the sale. Calculate the net profit made on the sale with charges subtracted.
Round your answer to the nearest cent.
Transit Industries has a total public value of $\$748000000$$748000000. This correlates to $4100000$4100000 shares.
Calculate the dividend per share when a company's net profit of $\$373520$$373520 is to be distributed evenly among its $128800$128800 shares.
A company declared a dividend of $29.2c$29.2c per share and has $2.6$2.6 million shares. If the company distributed all of its net profit to shareholders, what was its net profit?