Last Trade: 8.35
Change: 0.12 (1.46%) up
Prev Close: 8.23
Open: 8.38
Bid: N/A
Ask: N/A
1y Target Est: 8.43
Day's Range: 8.27 - 8.43
52wk Range: 6.85 - 9.70
Volume: 30,296,000
Avg Vol (3m): 49,913,200
Market Cap: 17.53B
P/E (ttm): N/A
EPS (ttm): -5.47
Div & Yield: N/A (N/A)
2007-08-13 09:18:23 · 6 answers · asked by Kevin 1 in Business & Finance ➔ Investing
do the math plz
2007-08-13 09:18:56 · update #1
You might think it's $50, but it's not that simple. You have to pay a sellers fee and taxes. So if you paid $15 to sell those shares, you would get $35. After that $35 you will have to pay taxes which let's say is 28% from all taxes combined. That will make it $25.20. Because of inflation, let's say 5% in your state, your worth will have increase by $23.94.
If you didn't sell, you wouldn't have made anything, because you still don't have the money "in your hands." Your worth would increase $47.5 because of the loss to inflation if it was 5%.
2007-08-13 09:45:58 · answer #1 · answered by gregory_dittman 7 · 1⤊ 0⤋
Paralysis of Analysis? Why does your question have so much extraneous information? Sell your shares in Ford (F) if you have made money. Domestic car makers are in a bad business right now.
You have made $50 over the course of a year. You could have made that much in a money market account with your bank at a much lower risk level than owning shares in Ford.
2007-08-13 11:44:00 · answer #2 · answered by William H 5 · 0⤊ 0⤋
You do the math.
If you make 5% on $1000, you make $50.
2007-08-13 09:22:51 · answer #3 · answered by Stupid Flanders 7 · 2⤊ 0⤋
5% of $1000 is .05 times $1000, or $50.
2007-08-13 09:25:39 · answer #4 · answered by Judy 7 · 1⤊ 0⤋
5%
2007-08-13 09:55:20 · answer #5 · answered by Oh Boy! 5 · 0⤊ 1⤋
Wow! How can you not know how to calculate 5% ... of anything?
2007-08-13 09:30:01 · answer #6 · answered by CPA/PFS 2 · 1⤊ 0⤋