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I am going to Google the stock price for Netflix. It is $315.10. You have a budget of $25K to spend on shares of Netflix, Walmart and McDonald's. You can choose any 3 companies you would like. You decide that you want to spend $5K on your Netflix shares. This gives you $20K to spend on Walmart and McDonald's. If you Divide $5,000 by $315.10, you can purchase 15 shares of Netflix stock. You will do the same with the other two companies keeping in mind that you have $20K left to spend and you can choose to divide that anyway you want.

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Reference no: EM132345772

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Create journal entry to complete your work : I am going to Google the stock price for Netflix. It is $315.10. You have a budget of $25K to spend on shares of Netflix, Walmart and McDonald's.

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