Determine total amount of profit for ibm investment, Microeconomics

+44 141 628 6080
[email protected]

Determine total amount of profit for ibm investment

Determining Profit or Loss from an Investment. Three years ago, you purchased 150 shares of IBM stock for $88 a share. Today, you sold your IBM stock for $103 a share.

For this problem, ignore commissions that would be charged to buy and sell your IBM shares.

a. What is the amount of profit you earned on each share of IBM stock?

b. What is the total amount of profit for your IBM investment?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Determine total amount of profit for ibm investment

Reference No:- TGS0520114

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Microeconomics

Q : Revenues and expenses of an entity

Which statement(s) summarizes the revenues and expenses of an entity?

Q : Describe the four stages in the print production process

Describe the four stages in the print production process. Explain how this differs from the broadcast commercial process.

Q : How much more would be cash price of given amount

If John makes the $60 down payment, and pays $34 a month for 24 months, how much more would that be than the cash price of $695?

Q : Successories e-commerce strategy

If the management team decides to make the shift from catalogs to the web, what recommendations can you make concerning successories's e-commerce strategy?

Q : Determine total amount of profit for ibm investment

Find the amount of profit you earned on each share of IBM stock? Determine total amount of profit for IBM investment?

Q : How to investors expect past trends to continue

WACC The following table gives Foust Company’s earnings per share for the last 10 years. The common stock, 7.8 million shares outstanding, is now selling for $65.00 per share.

Q : Explain the concept of depreciation

Describe the concept of depreciation. Which of the following depreciation techniques would you recommend: straight-line depreciation, double declining balance method, or alternative method?

Q : How many shares to buy if margin to buy wal-mart stock

If Bill paid $50 commission, how many shares Bill purchase if he used his $4,000 and borrowed $4,000 on margin to buy Wal-Mart stock?

Q : Differences between the lifo and fifo methods

The controller's bonus is based upon next income. It is the controller's belief that the switch in inventory techniques would raise the net income of company. Describe the differences between the LIFO and FIFO methods?

1938829

Questions
Asked

3,689

Active Tutors

1439511

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Determine total amount of profit for ibm investment

Reference No:- TGS0520114

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Revenues and expenses of an entity

Q : Describe the four stages in the print production process

Q : How much more would be cash price of given amount

Q : Successories e-commerce strategy

Q : Determine total amount of profit for ibm investment

Q : How to investors expect past trends to continue

Q : Explain the concept of depreciation

Q : How many shares to buy if margin to buy wal-mart stock

Q : Differences between the lifo and fifo methods

Why consciousness is an especially important

Substance abuse program for teenagers struggling

How does instagram shape the ways we see our bodies

Areas mentioned specifically as wanting to join the eeu

Reviewing your cliftonstrengths themes

How you ensure that other team members understand roles

Patient tokala insists that he never dreams

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Determine total amount of profit for ibm investment

Reference No:- TGS0520114

Recent Questions Asked Microeconomics

Q : Revenues and expenses of an entity

Q : Describe the four stages in the print production process

Q : How much more would be cash price of given amount

Q : Successories e-commerce strategy

Q : Determine total amount of profit for ibm investment

Q : How to investors expect past trends to continue

Q : Explain the concept of depreciation

Q : How many shares to buy if margin to buy wal-mart stock

Q : Differences between the lifo and fifo methods

Asked Questions