Basic Biomechanics

posted by .

Wendell invests $10,000 in a stock por5tfolio made up of Petroleum Special at $30 per share, Newshoe at $12 per share, and Beans & Sprouts at $2.50 per share. He places 60% of the money in P.S., 30% in N, and 10% in B & S. With market values changing (P.S. down $3.12, N up 80%, and B & S up $0.20), what is his portfolio worth six months later?

  • Basic Biomechanics -

    Basic Biomechanics. No kidding.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. 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 …
  2. accounting

    Pearson began 20XX with 30,000 $1 common shares issued and outstanding. Paid in capital in excess of par was $25,000 and retained earnings were $75,000. Net income for 20XXwas $22,000. Requirements: Review Pearson's transactions for …
  3. 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 …
  4. h

    At the end of three days, a stock was selling at $36 per share. On the preceding three days there had been a gain of $7 per share, a loss of $9 per share and a gain of $6 per share. What was the price per share at the beginning of …
  5. Basic Biomechanics

    Wendell invests $10,000 in a stock portfolio made up of Petroleum Special at $30 per share, New shoes at $12 per share, and Capital beans and Sprouts at $2.50 per share. He places 60 percent of the money in P.S., 30 percent in N, and …
  6. Science/Math

    Math Problem page 18 Wendell invests $10,000 in a stock portfolio made up of Petroleum Special at $30 per share, Newshoe at $12 per share, and Beans and Sprouts at $2.50 per share. He places 60 percent of the money in P.S. (Petroleum …
  7. Math/Science

    Wendell invests $10,000 in a stock portfolio made up of Petroleum Special at $30 per share, Newshoe at $12 per share, and Beans and Sprouts at $2.50 per share. He places 60 percent of the money in P.S. (Petroleum Special), 30 percent …
  8. Accounting

    When common stock has a par value of $2 and a market value of $15: 1.) the liability of the stockholders is $13 per share 2.) there will be additional paid-in capital of $13 per share 3.) common stock will be credited for $15 per share …
  9. Finance

    Western Corporation’s stock was $10 per share when purchased, and is now at $14 per share. The company made $1 million in after-tax income and there are 500,000 shares outstanding. What is the capital gain per share?
  10. Economics

    You buy 100 shares of stock at $4.00 per share. You receive one dividend of 10 cents per share. You sell the stock 1 year later for $5.50 per share. The fee for selling the stock is $15.00. What is the total profit you made on the …

More Similar Questions