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Please base the below on the attachment. Click Create Journal Entry above to get started. Please note that this assignment is based on a pretend

image text in transcribed

Please base the below on the attachment.

ClickCreate Journal Entryabove to get started.

Please note that this assignment is based on a pretend scenario and fictitious money. However, the assignment is based on actual stock pricing in real time situations. Do not invest your personal money for this assignment.

You may be following your stock every day, but if youre not, for Week 4 you must:

  1. Record the current price of the stock for each company you selected in Week 3s Stock Journal.You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day). Using MS Excel spreadsheet or MS Word document, put your Week 3 and Week 8 stock prices side-by-side, to show your comparison.
  2. Determine the current value of your total investment.Do not make any changes to your investment at this time. Calculate your total based on the number of shares and the new price per share, for each company.
  3. Provide your opinion / assessment of your investments.Evaluate the results of your current investment. Are you happy with the result and the trend? Are you upset because youre investment is worth less than $25,000. Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static.
image text in transcribed Companies selected Amount invested McDonald Corporation $10,000 General Electric Company $6,000 Amazon.com, Inc. $9,000 Company Stock price Number of shares bought McDonald Corporation $126.49 10,000/126.49 = 79 General Electric Company $30.75 6,000/30.75 = 195 Amazon.com, Inc. $659.59 9,000/659.59 = 13 Stock prices are as at April 29, 4.00 PM EDT Source: Yahoo Finance http://finance.yahoo.com Reasons for selecting the above companies I selected McDonalds since I frequently buy fast food from the company General Electric also generates part revenue from the electricity bill that I pay I also shop from Amazon so I might as well be part of the shareholders

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