The joint-stock company
Answers are for parents and teachers.
1
If a share with a nominal value of 50 000 so‘m has a rate of 110%, what is its market price in so‘m?
55000
2
A company’s profit is 45 mln so‘m and 40 percent goes to dividends. 3 000 ordinary shares have been sold. How many so‘m does the owner of 35 shares get?
210000
3
Write one advantage and one disadvantage of an open and of a closed joint-stock company.
Open: many investors can be attracted and large funds raised, but there is a risk of losing control. Closed: the circle of owners stays under control, but the chance to raise funds is limited.
4
About stock indices: why is the change in an index considered more important than its level?
A rise or fall of the index shows rising or falling share prices and so growth or decline in a sector or the economy; one number alone depends on the method of calculation.
5
One of the first joint-stock companies was the Dutch East India Company. Check in a reference book when and why it was formed and write it down.
It was formed in 1602, at the start of the 17th century, to trade with India and East Asia (the textbook says 16th century; the exact date is 1602).