Now you're going to imagine that you invested $1,000 in a company one year ago, and you want to see how well your investment would be doing today.
To begin, choose a company that you're familiar with and that seems as if it might be a good
investment – that is, a company that you think will have rising stock prices. Think about companies
that you use or know are popular. Remember, not all companies are public companies. You'll need to
check the New York Stock Exchange to find out if you can actually buy shares in this company.
Once you've settled on a company, find its stock price from one year ago and for today. Write a
journal entry about your imagined investment. Answer the following questions as you write. 1.
What stock did you buy?
2. Why did you think buying this stock would be a good idea?
3. How much would you have made or lost on an investment of $1,000?
Hint: First find out how many shares you could've bought one year ago by dividing $1,000 by the
price of the stock one year ago today. You may have to estimate the stock price from the graph.
Round the number of shares to the nearest whole number. Then, find out the current value of your
shares by multiplying the number of shares you bought by the price of the stock today. Compare
that to your initial investment of $1,000.
4. Could you have made more money by selling sooner?

Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply