Use the following table to answer the following questions.
Table 26-1
-Refer to Table 26-1. Assume that the closing price was also the average price at which each stock transaction took place. What was the total dollar volume of Graco stock traded that day?
A)$68,770,900
B)$6,877,090
C)$687,709
D)$6,877.1

Question

Use the following table to answer the following questions.
Table 26-1 
-Refer to Table 26-1. Assume that the closing price was also the average price at which each stock transaction took place. What was the total dollar volume of Graco stock traded that day?
A)$68,770,900 
B)$6,877,090 
C)$687,709 
D)$6,877.1

Quizplus · Accepted Answer

The total dollar volume is calculated by multiplying the closing price by the volume of shares traded. The choice B represents the correct calculation based on the given data.

Use the Following Table to Answer the Following Questions