Do Now-12/1/15 Section 1-1
1. Why are Simple Moving Averages (SMA) known as lagging indicators? Why are they used?
2. Tom purchased shares of Dupont for $47.65 per share. He plans to sell the shares when the
stock price rise 20%. At what price will he sell his shares?
3. The total number of shares of stock in the Bull’s Corporation is 650,000. Mike owns 12% of the
shares. How many shares of Bulls Corporation stock does he own?
4. Elisa owns 28% of the Grudman Corporation. The rest of the shares are owned equally by the
remaining six shareholders. What percent of the corporation does each of the other
shareholders own?
5. Seventy-two percent of the shareholders in a service corporation are women. If the corporation
is owned by 45,600 people, how many of the shareholders are women?
6. A private corporation owned by 35 shareholders is worth $1.7 million. The corporation loses a
lawsuit worth $3 million. What is the value of any personal property of the shareholders that
can be taken to pay the settlement?
Do Now 12/2-Stock Transaction Section 1-6
1. Five years ago, Julie purchased stock for $9,433. Yesterday, she sold the stock for $10,219.
What was her gross capital gain?
2. A few years ago, Mel bought 100 shares of a cologne company’s stock for $16.77 per share. Last
month she sold all of the shares for $11.88 per share. What was her loss?
3. In March of 2009, Jenny bought shares of stock in Pepsi-Cola Company for $47 per share. In
December, 2009, she sold them for $60 per share. Express the increase in price as a percent of
the purchase price. Round to the nearest of a percent.
4. Mike bought shares of a brand new corporation that manufactures dish antennas. He bought
the stock years ago for $4,100. He recently sold this stock for $7,100. Express his capital gain as
a percent of the original price. Round to the nearest tenth of a percent.
5. Fran bought shares in a supermarket chain in the early 2008 for $21.11 per share. She sold
them later in that same year for $20 per share. Express her loss as a percent of the purchase
price. Round to the nearest percent.
Do Now 12/2 Stock Split section 1-8
1. Yesterday the Rockville Corporation instituted a 2-for-1 stock split. Before the split, the market
share price was $63.44 per share and the corporation had 2.3 billion shares outstanding.
a. What was the pre-split market cap for Rockville?
b. What was the post-split number of shares outstanding for Rockville?
c. What was the post-split market price per share for Rockville?
2. Suppose that a corporation has a market capitalization of $97,000,000,000 with 450M
outstanding shares. Calculate the price per share to the nearest cent.
3. Tele-Corp instituted a 5-for-1 split in April. After the split, Roberta owned 1,860 shares. How
many shares had she owned before the split
Do Now 12/3/15 Section 1-2
October 20
October 27
Last
$38.5
Last
$42.00
Chg
1.56
Chg
1.50
Open
37.22
Open
42.5
52-Week High
76.19
52-week High
76.19
52-Week Low
22.78
52 Week Low
22.78
Sales in 100s
19,700
Sales in 100s
23,600
High
40.10
High
42.50
Low
36.77
Low
42.00
1. What was the difference between the high and the low prices on October 20?
2. On October 27, what was the actual volume of Discovery Inc. shares posted?
3. At what price did Discovery close on October 19?
Do Now 12/3/15 Section 1-5
MOT 4.2K @8.380.16 BAC .65@15.281.11 F 61.8K@9.672.07
1.
a.
b.
2.
Millie is following the trades of Motorola. The result of the latest trade is posted on the ticker.
How many shares of MOT were traded and at what price per share?
What was the value of the MOT trade?
What was the previous day’s closing price for each stock?
Do Now 12/3/15 Section 1-7
1. What is Net Proceeds?
2. Meg purchases $41,655 worth of stock on her broker’s advice and pays her broker a 1.5% broker
fee. She sells it when it increases to $47,300, months later, and uses a discount broker who
charges $19 per trade. Compute her net proceeds after the broker fees are taken out. Round to
the nearest cent.
3. Barb purchased stock last year for $8,500 and paid a 1.25% broker fee. She sold it for $7,324
and had to pay a 0.5% broker fee. Compute her net proceeds.
4. If you bought 600 shares of stock for $41 per share, paid a 1% commission, and then sold them
six months later for $41.75 per share, with a $30 flat fee, are your net proceeds positive or
negative? Explain.
Do Now Dividend-12-7-15 page 51-55
1.
Roby is considering purchasing a common stock that pays an annual dividend of $1.90 per
share. If he purchased 900 shares for $96.50 per share, what would her annual income be from
dividends?
2. Elisa owns 5,000 shares of a corporation that pays a quarterly dividend of $0.75 per share. How
much should she expect to receive in a year?
3. Forever 21 had an annual dividend of $1.00. If you owned 6,000 shares, how much will you
receive on a quarterly dividend?
Pay Periods and Hourly Rates 12-7-15 page 296-299
1. Sean is paid biweekly. His annual salary is $62,600. What is his biweekly salary to the
nearest cent?
2. Cynthia’s semimonthly salary is $4,371.70. What is her annual salary?
3. Yoko is paid semimonthly. How many paychecks does she receive in a year compared to
someone who is paid biweekly?
4. Henry works at Burger King and earns $9.47 per hour. Last week he worked 29 hours. What
was his gross pay?
5. Daniel earns $15 per hour at a restaurant in Seattle. He regularly works 40 hours per week.
He is paid time-and-a-half for each hour of OT work. Last week, he worked 45 hours. What
was his gross pay for the week?
6. Janice worked 40 regular hours last week a $12 per hour, plus 8 hours overtime at double
time. What was her gross pay for the week?