Find all School-related info fast with the new School-Specific MBA Forum

It is currently 19 Sep 2014, 00:04

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

What is the total value of Company H's stock?

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Intern
Intern
avatar
Joined: 21 Aug 2011
Posts: 26
Followers: 0

Kudos [?]: 3 [0], given: 0

What is the total value of Company H's stock? [#permalink] New post 23 Aug 2011, 23:48
00:00
A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

84% (01:14) correct 16% (00:27) wrong based on 38 sessions
What is the total value of Company H's stock?

(1) Investor P owns 1/4 of the shares of company H's total stock
(2) The total value of Investor Q's shares of Company H's stock is $16,000

My answer is
[Reveal] Spoiler:
C
[Reveal] Spoiler: OA
Manager
Manager
User avatar
Joined: 14 Mar 2011
Posts: 206
Followers: 6

Kudos [?]: 79 [0], given: 21

GMAT Tests User
Re: A difficult math pro. [#permalink] New post 24 Aug 2011, 00:40
Jasonammex wrote:
What is the total value of Company H's stock?

(1) Investor P owns 1/4 of the shares of company H's total stock
(2) The total value of Investor Q's shares of Company H's stock is $16,000

My answer is C~~



statement is insufficient. just don't know absolute value of stocks owned by investor P

statement 2 is insufficient too. we don't know what is % of stocks are owned by investor q.

statement 1 and 2 combined too are insufficient. we only that p owns 1/4th of stock. from that can we assume that q owns remaining 3/4th ? No there can be other investors xyz........so we don't know how much part of stocks are owned by q nor do we know what is value of stocks owned by investor P. both statements are insufficient even when combined.

so answer E.
Intern
Intern
avatar
Joined: 21 Aug 2011
Posts: 26
Followers: 0

Kudos [?]: 3 [0], given: 0

Re: A difficult math pro. [#permalink] New post 24 Aug 2011, 16:50
I think this is somewhat testing my investment knowledge... I thought either investor P or invester Q share the stock of total stock H...

My thought is too simple.

Aj85 wrote:
Jasonammex wrote:
What is the total value of Company H's stock?

(1) Investor P owns 1/4 of the shares of company H's total stock
(2) The total value of Investor Q's shares of Company H's stock is $16,000

My answer is C~~



statement is insufficient. just don't know absolute value of stocks owned by investor P

statement 2 is insufficient too. we don't know what is % of stocks are owned by investor q.

statement 1 and 2 combined too are insufficient. we only that p owns 1/4th of stock. from that can we assume that q owns remaining 3/4th ? No there can be other investors xyz........so we don't know how much part of stocks are owned by q nor do we know what is value of stocks owned by investor P. both statements are insufficient even when combined.

so answer E.
Manager
Manager
avatar
Joined: 14 Jun 2011
Posts: 85
Followers: 2

Kudos [?]: 9 [0], given: 15

Re: What is the total value of Company H's stock? (1) Investor P [#permalink] New post 29 Aug 2013, 10:49
Both statements are not sufficient because we cannot assume that only P and Q are the investors of the company H. Am i correct?
_________________

Kudos always encourages me

Re: What is the total value of Company H's stock? (1) Investor P   [#permalink] 29 Aug 2013, 10:49
    Similar topics Author Replies Last post
Similar
Topics:
4 John owns stock in nine different companies, for a total of BN1989 7 24 Mar 2012, 09:58
1 Experts publish their posts in the topic Value per share of the stock enigma123 1 15 Mar 2012, 02:47
26 Experts publish their posts in the topic If the probability that Stock A will increase in value Baten80 17 17 Jan 2012, 11:49
Stock analyst: We believe Company A s stock will appreciate ankur55 18 05 Aug 2009, 01:09
1 Experts publish their posts in the topic The possibility that the value of stock A will increase is almighty1 17 03 Dec 2005, 22:31
Display posts from previous: Sort by

What is the total value of Company H's stock?

  Question banks Downloads My Bookmarks Reviews Important topics  


cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.