Natsano Has at Most $60,000 to Invest in the Common

Essay

Natsano has at most $60,000 to invest in the common stocks of two companies. He estimates that an investment in company A will yield a return of 30%, whereas an investment in company B, which he feels is a riskier investment, will yield a return of 40%.
If he decides that his investment in the stocks of company A is to exceed his investment in the stocks of company B by at least $30,000, determine how much he should invest in the stocks of each company in order to maximize the returns on his investment.
Investment in company A $ __________.
Investment in company B $ __________.