Understanding Stock Portfolio Impact

The video tutorial explains how a drop in stock price affects Julie's portfolio. Julie owns 350 shares, and the stock price dropped by $13 per share. The total effect on her portfolio is calculated by multiplying the loss per share by the number of shares, resulting in a total loss of $4,550. The tutorial provides a detailed step-by-step multiplication process to arrive at this result.

How many shares does Julie own in the company?

• 150

• 450

• 250

• 350

What was the drop in stock price per share on Tuesday?

• $20

• $15

• $13

• $10

Which formula is used to calculate the total effect on Julie's portfolio?

• Total effect = Gain or loss per share / Number of shares

• Total effect = Gain or loss per share - Number of shares

• Total effect = Gain or loss per share x Number of shares

• Total effect = Gain or loss per share + Number of shares

What is the total effect on Julie's portfolio if the stock price drops by $13 per share?

• Positive $4550

• Negative $4550

• Positive $3500

• Negative $3500

What is the first step in multiplying 350 by 13?

• Multiply 1 by 0

• Multiply 1 by 5

• Multiply 3 by 0

• Multiply 3 by 5

What is the result of multiplying 350 by 13?

• 3500

• 350

• 4550

• 455

What is the final total effect on Julie's portfolio in dollars?

• A gain of $4550

• A loss of $4550

• A gain of $3500

• A loss of $3500

How does the negative sign in the total effect calculation affect the result?

• It indicates a loss

• It has no effect

• It doubles the effect

• It indicates a gain

What does the final calculation imply about Julie's portfolio?

• Julie lost $3500

• Julie gained $4550

• Julie gained $3500

• Julie lost $4550