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15 April, 11:42

Krit Corp. is a US manufacturing company based in the Midwest. As an investor, Wilson bought 200 shares of stock in Krit Corp. The stock price of Krit Corp. is currently trading at $25.00 per share. Wilson's total wealth in Krit Corp. is:

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  1. 15 April, 14:59
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    total wealth in Krit Corp is $5000

    Explanation:

    given data

    stock = 200 shares

    treading = $25 per share

    to find out

    total wealth in Krit Corp

    solution

    we know here investor bought 200 share at $25 per share current treading

    so here

    total wealth in Krit Corp wuill be = stock * treading ... 1

    put here all these value we get in equation 1

    total wealth in Krit Corp = stock * treading

    total wealth in Krit Corp = 200 * 25

    total wealth in Krit Corp = $5000

    so total wealth in Krit Corp is $5000
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