If a Wall Street Journal quotation for a company has the following values: close,55.14; net change: = +1.04; then the closing price for the stock for the previous trading day was?
A)$56.18
B)$54.10
C)$55.66
D)$53.02

Question

Quizplus · Accepted Answer

The closing price for the stock for the previous trading day can be calculated by subtracting the net change from the current closing price. Therefore, the previous closing price = 55.14 - 1.04 = 54.10. Thus, the best choice is B.

If a Wall Street Journal Quotation for a Company Has