MULTINATIONAL CORP-EVOL & CUR ISSUE Essay Example | Topics and Well Written Essays - 750 words - 2

MULTINATIONAL CORP-EVOL & CUR ISSUE - Essay Example (GOOG), Amazon (AMZN) and PowerShares QQQ Trust Series 1 (QQQ). This report entails a transaction involving 500 quantities of Google shares, 10000 quantity of Amazon and 1,000 quantity of PowerShares Trust Series 1. Google Inc. is a global technology company that mainly focuses on areas such as advertising, operating systems and platforms, enterprise and hardware products. Its main source of revenue is online advertisement. By the close of business on April 06, 2014 @ 3:59:59 PM, 500 shares of Google Inc. were selling at $545.25. This resulted to an amount of 573,000. The buying price of Google Inc. equity was $545 at a currency/exchange of USD/1.00. It is worth noting that price paid is quoted in the currency of the security’ exchange while the buying powers change and transaction amount are quoted in the currency of the portfolio. As per the start of the business day 7th April 2014, the share price for Google Inc. stood at $539.31 representing a price change of $-5.94 (-1.09%). At the current market price, buying 500 shares of Google Inc. will cost me 272,500. Selling the same quantity will get me a reward of 273,135 hence making a profit equivalent to $635. The profitability nature of the Google’s shares make motivated me to buy the portfolio. Amazon.com serves consumers through its retail websites and focus on selection, price, and convenience. It offers programs that enable sellers to sell their products through the company’s websites. Amazon offers its customers the lowest prices daily product pricing and shipping offers. The last buying price for Amazon.com is $320.22 as opposed to the current price of $320.52. The 52-week high is $408.06 while the 52-week low is $245.75. Going by the previous price, the estimated cost for 10,000 shares will be $ 3,203,310.00. The last selling of Amazon stock is $320.68 representing 187,268 volumes. Considering this selling price, the estimated cost stands at 3,197,090.00. This represents an income gain