How many shares of each stock does she own

Reference no: EM13189463

Shirley Cicero has $16,000 invested in Boeing and GE stock. The Boeing stock currently sells for $30 per share and the GE stock for $70 per share. If GE stock triples its value and the Boeing stock goes up 50%, her stock will be worth $34,5000. How many shares of each stock does she own?

Reference no: EM13189463

Questions Cloud

Does the sign of the base change : When rewriting an exponential expression that has a negative exponent and a positive base to an exponential expression containing a positive exponent, does the sign of the base change? Demonstrate with an example.

Below is budgeted production and sales information : Below is budgeted production and sales information for Flushing Company for the month of December:

Determining what acts and laws are right : Describe and discuss Nozick's challenge to utilitarian ethics. Describe Bentham's method of determining what acts and laws are right.

What is the per worker production function : Suppose initially (period 0) the economy is endowed with $5 (billion) of capital stock and 10 (thousand) workers (let's ignore the units). We know that saving rate s is 0.15, population growth rate n is 0.01 and depreciation rate d is 0.09.

How many shares of each stock does she own : Shirley Cicero has $16,000 invested in Boeing and GE stock. The Boeing stock currently sells for $30 per share and the GE stock for $70 per share. If GE stock triples its value and the Boeing stock goes up 50%, her stock will be worth $34,5000. Ho..

Disadvantages to red fish and blue fish : What are the advantages and potential disadvantages to Red Fish, Blue Fish of having China (Liu-sheng Trading Company) as its sole source of supply? What would you recommend?

Find the torque at p : A child applies the brakes on a bicycle by applying a downward force of 20 pounds on the pedal when the crank makes a 40 degrees angel with the horizontal. The crank is 6 inches in length. Find the torque at P.

Calculate the change in the exchange rate : the percentage undervaluation or overvaluation in the Big Mac, based on exchange rates in July 2009. Suppose purchasing power parity holds and in the long run, so that these deviations would be expected to disappear. Suppose the local currency pri..

How many different pins are possible : a customer must enter his or her four-digit Personal Identification Number (PIN). How many different PINs are possible?

User Account

All Pages