The weekly investment report shows each company's stocks with its high bid, low bid, closing bid prices, and the net change from last week's closing bid. What is the average net change for all five companies listed? COMPANY HIGH LOW CLOSE CHANGE US Investments 23.16 22.91 23.61 +.38 Global Growth 15.13 14.77 15.13 +.14 Select Services 22.01 21.94 21.97 -.09 United Funds 14.56 14.29 14.56 4.09 American Mutual 17.36 16.94 17.26 +.08 A..06 B..12 OC..6 O D..02 E. 1.2

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## Weekly Investment Report Analysis

### Final Mathematics Examination - Question 124 of 190

The weekly investment report illustrates high bid, low bid, and closing bid prices for each company's stocks, along with the net change from the previous week's closing bid. The inquiry here is to compute the average net change for all five companies listed.

#### Company Data Summary:

| Company           | High  | Low   | Close | Change |
|--------------------|-------|-------|-------|--------|
| US Investments     | 23.16 | 22.91 | 23.61 | +0.38  |
| Global Growth      | 15.13 | 14.77 | 15.13 | +0.14  |
| Select Services    | 22.01 | 21.94 | 21.97 | -0.09  |
| United Funds       | 14.56 | 14.29 | 14.56 | +0.09  |
| American Mutual    | 17.36 | 16.94 | 17.26 | +0.08  |

To compute the **average net change:**

1. Sum each company's net change:
    - US Investments: +0.38
    - Global Growth: +0.14
    - Select Services: -0.09
    - United Funds: +0.09
    - American Mutual: +0.08
  
2. Total Change:
    - 0.38 + 0.14 - 0.09 + 0.09 + 0.08 = 0.60

3. Average Net Change:
    - 0.60 / 5 = 0.12

Thus, the average net change for all five companies listed is **0.12**.

### Multiple Choice Options:

- A. 0.06
- B. 0.12
- C. 0.6
- D. 0.02
- E. 1.2

**Correct Answer:** B. 0.12
Transcribed Image Text:## Weekly Investment Report Analysis ### Final Mathematics Examination - Question 124 of 190 The weekly investment report illustrates high bid, low bid, and closing bid prices for each company's stocks, along with the net change from the previous week's closing bid. The inquiry here is to compute the average net change for all five companies listed. #### Company Data Summary: | Company | High | Low | Close | Change | |--------------------|-------|-------|-------|--------| | US Investments | 23.16 | 22.91 | 23.61 | +0.38 | | Global Growth | 15.13 | 14.77 | 15.13 | +0.14 | | Select Services | 22.01 | 21.94 | 21.97 | -0.09 | | United Funds | 14.56 | 14.29 | 14.56 | +0.09 | | American Mutual | 17.36 | 16.94 | 17.26 | +0.08 | To compute the **average net change:** 1. Sum each company's net change: - US Investments: +0.38 - Global Growth: +0.14 - Select Services: -0.09 - United Funds: +0.09 - American Mutual: +0.08 2. Total Change: - 0.38 + 0.14 - 0.09 + 0.09 + 0.08 = 0.60 3. Average Net Change: - 0.60 / 5 = 0.12 Thus, the average net change for all five companies listed is **0.12**. ### Multiple Choice Options: - A. 0.06 - B. 0.12 - C. 0.6 - D. 0.02 - E. 1.2 **Correct Answer:** B. 0.12
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