-Refer to Exhibit 38-4.If the closing price of Brown,Inc.'s stock on the previous day was $43.10,what value goes in blank (A)?
A) -1.00
B) +1.00
C) -0.50
D) +0.50
E) There is not enough information given to answer this question.

Question

-Refer to Exhibit 38-4.If the closing price of Brown,Inc.'s stock on the previous day was $43.10,what value goes in blank (A)?
A) -1.00 
B) +1.00 
C) -0.50 
D) +0.50 
E) There is not enough information given to answer this question.

Quizplus · Accepted Answer

The value in blank (A) represents the change in the stock price from the previous day. If the closing price was $43.10 and the change is -1.00, it means the stock price decreased by $1.00 from the previous day.