Solved: If stock b triples in value and stock a goes up 50 his, Finance Basics

+44 141 628 6080
[email protected]

If stock b triples in value and stock a goes up 50 his

Jim Myers has $28,000 invested in stock A and stock B. Stock A currently sells for $40 a share and stock B sells for $80 a share. If stock B triples in value and stock A goes up 50%, his stock will be worth $78,000 how many hares of each stock does he own.

Solution Preview :

Prepared by a verified Expert

Finance Basics: If stock b triples in value and stock a goes up 50 his

Reference No:- TGS02278367

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : A 6000- seat theater has tickets for sale at 27 and 40 how

a 6000- seat theater has tickets for sale at 27 and 40 how many tickets should be sold at each price for a sellout

Q : The return trip on the same route now with a headwind takes

a plane flies 2400 miles in 6 hours with a tailwind all the way the return trip on the same route now with a headwind

Q : Explain whether or not you think siddhartha gautamas quest

explain whether or not you think siddhartha gautamas quest to find enlightenment falls under the category of noble

Q : Explain an ecommerce network and its application does a

assignment security solutions business report reposti had someone to do this assignment and what i got was a totally

Q : If stock b triples in value and stock a goes up 50 his

jim myers has 28000 invested in stock a and stock b stock a currently sells for 40 a share and stock b sells for 80 a

Q : In december of 2005 the wall street journal reported that

question in december of 2005 the wall street journal reported that clark foam a major supplier of polyurethane cores

Q : Find the future value of the following annuity due payments

find the future value of the following annuity due payments of 1000 for 2 years at 5 compounded semiannually round to

Q : Northwest molded molds plastic handles which cost 030 per

northwest molded molds plastic handles which cost 030 per handle to mold the fixed cost to run the molding machine is

Q : How did the culture and time in which shakespeare lived and

discussion shakespeareafter reading chapter 8 the world of shakespeare pp 168- 203 in theatrical worlds submit your

1941885

Questions
Asked

3,689

Active Tutors

1420405

Questions
Answered

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

ask Question

Asked Questions

Spending variance for direct materials in august would be

The spending variance for direct materials in August would be closest to: Group of answer choices $524 F $20 F $20 U $524 U

What is their qbi deduction for the year

Tara and Todd are married. Tara is a lawyer who operates her practice as a sole proprietorship. Todd works for a local architecture firm.

What is allied industries receivable collection period

What is Allied Industries' receivable collection period (rounded to the nearest day)? 156 O 590 300 O 150

Problem on business practices and consumer protection act

Which of the following statements concerning the Business Practices and Consumer Protection Act (BPCPA) is FALSE?

How adverse opinion most likely should be expressed

An adverse opinion most likely should be expressed when The auditor cannot obtain sufficient appropriate evidence regarding the inventory count

What is jennifer gross profit margin percentage

What is Jennifer's gross profit margin percentage? (Round your final answer to two decimal places, X.XX%.) 56.45% 31.29% 23.63% 43.55%

What are common methods of brand equity measurement

Brand equity can be measured in a number of ways, but the 3 most common methods are which of the following? Select all that apply.