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 many shares of each stock does she own?

  1. 👍 0
  2. 👎 0
  3. 👁 223

Respond to this Question

First Name

Your Response

Similar Questions

  1. Investing ( pease help)

    You hold a diversified $ 100,000 portfolio consisting of 20 stocks with 5000 invested in each . The portfolio's beta is 1.12. You plan to sell a stock with b=0.90 and use the proceeds to buy a new stock with b=1.75. what will the

  2. Accounting

    What is the total stockholders' equity based on the following account balances? Common Stock $450,000 Paid-In Capital in Excess of Par 90,000 Retained Earnings 190,000 Treasury Stock 10,000 Answer A.$740,000 B.$730,000 C.$720,000

  3. math

    An investor purchases 75 shares at 37.90 a share, holds the stock for 150 days, and then sells the stock for 41.20 a share. Find the annual interest rate earned. principal under 3000 3000-10,000 over 10,000 commission 32+1.8% of

  4. English

    Boeing built the Boeing 717 until 2006 and the C-17 Globemaster III strategic airlifter plant is scheduled to close. --------------------------------------------------------------------------------------------------- How do you

  1. Accounting

    Olympic Theatre Inc. owns and operates movie theaters throughout Texas and California.Olympic Theatre has? declared the following annual dividends over a six-year period: 2003, $21,000; 2004, $50,000; 2005, $15,000; 2006, $80,000;

  2. Advanced Algebra

    HELP! WHICH IS THE HIGHEST RISK INVESTMENT? List the following stocks and bonds in order from highest default risk to lowest default risk: A municipal bond in a city with a population of 150,000 A common stock in a company under

  3. Math

    A man’s stock earned $149,000,000. If these earnings represent $1.18 per share, how many shares of stock are there?

  4. MATH

    Sam invested part of his 36,000 bonus in a fund that paid an 8% profit and invested the rest in stock that suffered a 5% loss find the amount of each investment if his overall net profit was 2,750

  1. finance (General Motors Stock)

    When Patricia sells her GM common stock at the same time that Brian purchases the same amount of GM stock, GM receives: A. the "spread" between the Bid and Ask of the transaction B. The dollar amount of the transaction, less

  2. math

    Ms. Hardin invested $70,000 in three stocks. The first year, stock A paid 6% dividends and increased 4% in value; stock B paid 8% dividends and increased 5% in value; stock C paid 9% dividends and increased 3% in value. If the

  3. English

    Boeing built the Boeing 717 until 2006 and the C-17 Globemaster III strategic airlifter plant is scheduled to close. ---------------------------------------------------------------------------------------------------- How do you

  4. Fed Tax

    Locust Corp desires to set up a distribution facility in a southern state. After consideration negotiations with a small town in Alabama, Locust accepts the following offer: land (fair market value of $3 million) and cash of $1

You can view more similar questions or ask a new question.