To calculate the February 24 close for the requested stocks (Netgear Inc. and Ford Motor Co.), we can use the relationship between the February 25 close, the change in value, and the percentage change.

The formula for calculating the previous close (February 24) using the closing price and the change is:

$\text{February 24 Close} = \text{February 25 Close} - \text{Change}$

Now, let's calculate each value:

a. NETGEAR Inc. (NTGR)

• February 25 Close: 39.66
• Change: 0.59

$\text{February 24 Close for NETGEAR} = 39.66 - 0.59 = 39.07$

b. Ford Motor Co. (F)

• February 25 Close: 12.39
• Change: 0.37

$\text{February 24 Close for Ford Motor Co.} = 12.39 - 0.37 = 12.02$

Answers:

• NETGEAR Inc. (NTGR): February 24 Close = $39.07
• Ford Motor Co. (F): February 24 Close = $12.02

Would you like a detailed explanation of each calculation step?

Here are five follow-up questions related to this topic:

1. How would you calculate the percentage change if only the closing prices are known?
2. How do stock volume changes impact stock prices?
3. What other formulas can help analyze stock price trends?
4. How does rounding affect financial calculations in this context?
5. Why is it important to include specific formats, like commas and dollar signs, in financial reports?

Tip: In financial calculations, always pay attention to rounding and formatting to meet professional standards.