how much must susan's portfolio increase in value to break even if she invest $4000 in a

Fantastic news! We've Found the answer you've been seeking!

Question:

how much must susan's portfolio increase in value to break even if she invest $4000 in a portfolio of securities but pays $220 in commissions in addition to her $4000 investment?

Related Book For answer-question

Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

See More Books

Posted Date: May 06, 2023 11:36 AM

See More Questions

Susan Lustier is 35 years old and employed as a tax accountant for a major oil and gas exploration company She earns nearly 5135.000 a year from her salary and from participation in the companies...
Annie Russell, a student at Tech, plans to open a hot dog stand inside Techs football stadium during home games. There are seven home games scheduled for the upcoming season. She must pay the Tech...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
Telstar Limited was incorporated on 2 January 2015. On 3 January 2015, the company ordered plant from Germany at a cost of E1 million. The plant was loaded free on board in Hamburg on 1 March 2015,...
There are two ways of detecting an MSK signal. One way is to use a coherent receiver to take full account of the phase information content of the MSK signal. Another way is to use a non-coherent...
What is the condition of phase equilibrium for a single-component system? How does it differ from that of a multicomponent system?
Eco-control has been explained with use of three different approaches.What is eco-control? Explain the difference between the three approaches. Is there a link between the integrated approach and...
Katie Homes and Garden Co. has 10,640,000 shares outstanding. The stock is currently selling at $52 per share. If an unfriendly outside group acquired 25 percent of the shares, existing stockholders...
How do transformational leaders orchestrate strategic alliances and collaborative partnerships to leverage complementary strengths and resources, thereby fostering synergistic growth and market...
On January 1, 2021, Gundy Enterprises purchases an office for $360,000, paying $60,000 down and borrowing the remaining $300,000, signing a 7%, 10-year mortgage. Installment payments of $3,483.25 are...
The graph shows average and marginal cost curves for a typical firm in a perfectly competitive industry in LONG-RUN equilibrium The long-run equilibrium price of the product is $ In long-run...
Your uncle borrows $54,000 from the bank at 12 percent interest over the ten-year life of the loan. Use Appendix D for an approximate answer but calculate your final answer using the formula and...
PGH, Inc. Is considering a new five-year expansion project that requires an initial fixed assets investment of $2.281 million. The fixed asset will be depreciated straight-line to zero over its...
Estimate the critical mass of a sphere of 9 2 U 2 3 8 . assuming that the fission and radiative capture cross section are equal. the absorption cross-sectio n for fission neutrons is 5 barns . the...
As the Strategy Officer for a soon-to-be-established compounding pharmacy based in New York City. This entity will be named Newcastle Compounding Pharmacy and it will offer the usual and customary...
Project A has cash flows of -$82,000, $27,500, $30,000 and $45,000 for years 0 to 3, respectively. Project B has an initial cost of $60,000 and an annual cash inflow of $25,000 for three years. These...
Data is carried through networks by signals. A signal is transmitted over a physical medium according to some transmission technique(e.g., analog, digital, baseband, modulated, multiplexed,...
A line l passes through the points with coordinates (0, 5) and (6, 7). a. Find the gradient of the line. b. Find an equation of the line in the form ax + by + c = 0.
Why does the post-closing trial balance contain only balance sheet accounts?
Nature Cosmetics Company applies overhead costs on the basis of machine hours. The overhead rate is computed by analyzing data from the previous year to determine the percentage change in costs....
Complete the following job order cost card for five custom-built computersystems: Job Order 16 JOB ORDER COST CARD Custom Computers Kowloon, Hong Kong Customer: L. Kim Specifications: 5 Computer...
A system of masses rotating in different parallel planes is in dynamic balance if the resultant. (a) force is equal to zero (b) couple is equal to zero (c) force and the resultant couple are both...
When the mass of a critically damped single degree of freedom system is deflected from its equilibrium position and released, it will (a) return to equilibrium position without oscillation (b)...
The equation of motion for a single degree of freedom system with viscous damping is $4 \ddot{x}+9 \dot{x}+16 x=0$. The damping ratio of the system is (a) $\frac{9}{128}$ (b) $\frac{9}{16}$ (c)...

how much must susan's portfolio increase in value to break even if she invest $4000 in a

Question:

Expert Answer:

Initial value denoted by Vo 4000 Commision to be paid denoted by Co 220 Fin... View the full answer

Principles of Accounting

Students also viewed these finance questions