Best Answer: $7,974.72. The offering price of MSFT stock was $21.00 per share at the IPO on March 13, 1986. If you had bought 1 share at the offering, you would now have 288 split-adjusted shares. So you would be worth 288 * 27.69 = $7,974.72. An interesting way to look at the increase in Microsoft, since it went public:
Cost from Penn Station: LIRR -- $6.25 (off-peak), plus AirTrain -- $5.00. Total time: 52 minutes door-to-door (my terminal was the last stop on the AirTrain, so may be shorter time for you). 184 people voted for this review
Calculate LIFO costs by assuming the reverse, that the most recently purchased inventory is the first to sell. These 1,200 widgets are 500 from the August purchase for $4.50, and 700 from the July purchase at $2.50. Their total price is (500 x $4.50) + (700 x $2.50) for a total of $4,000, with an average cost of $3.33.