find how many times as much the cost of each share of stock in these companies was in 2010 compared to the…

find how many times as much the cost of each share of stock in these companies was in 2010 compared to the cost of each.\ncompany 1960 cost 2010 cost\ncompany a $0.16 $6.46\ncompany b $0.25 $3.00\ncompany c $0.35 $2.87\nthe cost of each share of stock in company a was times as much in 2010. (type an integer or a decimal.)

find how many times as much the cost of each share of stock in these companies was in 2010 compared to the cost of each.\ncompany 1960 cost 2010 cost\ncompany a $0.16 $6.46\ncompany b $0.25 $3.00\ncompany c $0.35 $2.87\nthe cost of each share of stock in company a was times as much in 2010. (type an integer or a decimal.)

Answer

Explanation:

Step1: Identify the formula

To find how many times the cost in 2010 is of the cost in 1960, we use the formula $\text{Times}=\frac{\text{Cost in 2010}}{\text{Cost in 1960}}$.

Step2: Calculate for Company A

For Company A, the cost in 1960 is $0.16$ and the cost in 2010 is $6.46$. So, $\text{Times}=\frac{6.46}{0.16}=\frac{646}{16}=\frac{323}{8} = 40.375$.

Answer:

$40.375$