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Category > Accounting Posted 22 Jun 2017 My Price 3.00

For four years, Marty Campbell invested $4,000 each year in HarleyDavidson

For four years, Marty Campbell invested $4,000 each year in HarleyDavidson. The stock was selling for $36 in 2011, $45 in 2012, $52 in 2013, and $70 in 2014.

 

a. What is Marty’s total investment in Harley-Davidson?

b. After four years, how many shares does Marty own?

Answers

Alpha Geek
(8)
Status NEW Posted 22 Jun 2017 11:06 AM My Price 3.00

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file 1498132915-Answer.docx preview (23 words )
A-----------nsw-----------er ----------- An-----------swe-----------r a-----------. T-----------ota-----------l i-----------nve-----------stm-----------ent----------- = -----------400-----------0×-----------4(2-----------011----------- to----------- 20-----------14)----------- = -----------$16-----------000----------- -----------Ans-----------wer----------- b.----------- St-----------ock-----------s o-----------wn -----------201-----------1 =----------- 40-----------00/-----------36 -----------= 1-----------11.-----------11 -----------201-----------2 =----------- 40-----------00/-----------45 -----------=88----------- -----------
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