math

posted by .

Shirley has $16,000 invested in Boeing and GE stock. The Boeing stock currently sells for $30 a share and the GE stock for $70 a share. If GE stock triples in value and Boeing stock goes up 50%, her stock will be worth $34,500. how many shares of each stock does she own?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math

    can somone help me with this one , what equations do i have to use or what do i have to to inorder to see if this is possible Lori Morgan has $16,000 invested in Disney and Intel Stock. The Disney stock currently sells for $30 a share …
  2. investments

    eddy is considering a stock purchase. the stock pays constant annual dividend of $2.00 per share, and is currently trading at $20 . Eddy's required rate of return for this stock is 12%. should he buy this stock?
  3. accounting

    Jones Company is authorized to issue 20,000 shares of no-par, $5 stated-value common stock and 5,000 shares of 9%, 100 par preferred stock. It enters into the following transaction: 1. Accepts a subscription contract to 7,000 shares …
  4. Intermediate Accounting

    During 2009 Bradley Corporation issued for $110 per share, 5,000 share of $100 par value convertible preferred stock. One share of preferred stock can be converted into three shares of Bradley’s $25 par value common stock at the …
  5. Finance

    The following stock quotation were recently reported in The Wall Street Journal: 10.3 AT&T T 3.6 21 39.43 0.26 0.1 Boeing BA 1.6 31 88.91 -0.85 -8.7 JohnsJohns JNJ 2.5 16 60.26 -0.08 a. What are the dividend yields on the common stock …
  6. math

    Shirley has $16,000 invested in Boeing and GE stock. The Boeing stock currently sells for $30 a share and the GE stock for $70 a share. If GE stock triples in value and Boeing stock goes up 50%, her stock will be worth $34,500. how …
  7. accounting

    Finishing Touches has two classes of stock authorized: 8%, $10 par preferred and $1 par value common. The following transactions affect stockholders' equity during 2010, its first year of operations: January 2 Issue 100,000 shares …
  8. accounts

    A prospective investor has hired you to develop a worksheet that will compute the book value per share on each class of stock of various companies. Your worksheet should include a Data Section. One of the companies the investor is …
  9. personal finance

    Jo owns 150 shares of Delta General stock. She purchased the stock for $24 a share. She sold the stock for $30 per share. The commissions required to buy and sell her stock cost her $120. Assuming that she received no dividends (income) …
  10. investment

    eddy is considering a stock purchase. the stock pays constant annual dividend of $2.00 per share, and is currently trading at $20 . Eddy's required rate of return for this stock is 12%. should he buy this stock?

More Similar Questions