Explain the price-weighted average concept as applied to the Dow Jones Industrial Average.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Each stock is weighted by its price Equal perc...View the full answer
Answered By
Chiranjib Thakur
I have no tutoring experience yet, but I can share my skills and knowledge gained from my education and work experiences. I have been a CPA since 2012 with 6 years of work experience in internal auditing and 4 years of work experience in accounting at the supervisory level.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Investment Management
ISBN: 978-0078034626
10th edition
Authors: Geoffrey Hirt, Stanley Block
Question Posted:
Students also viewed these Accounting questions
-
Bart exchanges some real estate (basis of $800,000 and fair market value of $1 million) for other real estate owned by Roland (basis of $1.2 million and fair market value of $900,000) and $100,000 in...
-
Juniper, Inc., exchanges some real estate (basis of $800,000 and fair market value of $1,000,000) for other real estate owned by Birch, Inc., (basis of $1,200,000 and fair market value of $900,000)...
-
Explain the weighted average contribution margin concept.
-
Consider the following actual FY2019 data and a forecast of FY2020 selected balance sheet and income statement numbers. $ millions FY2019 Actual FY2020 Est. $29,009 $32,102 14,592 16,051 8,755 9,923...
-
Printer Supply Company sells computer printers and printer supplies. One of its products is a toner cartridge for laser printers. At the beginning of 2011, there were 225 cartridges on hand hat cost...
-
The trial balance after one month of operation for Mason's Delivery Service as of September 30, 20--, is shown below. Data to complete the adjustments are as follows: (a) Supplies inventory as of...
-
During a quality assurance check, the actual weights (in kilograms) of eight sacks of cement were recorded as 20.5, 19.4, 19.6, 18.0, 21.0, 20.2, 20.4, and 20.9. (a) Find the mean and the median of...
-
Bradley has two classifications of professional staff: partners and associates. Harrington asks his assistant to examine the relative use of partners and associates on the recent Campa Coal and St....
-
You have an object with an unknown electric charge. In other words, it could be neutral, negatively charged, or positively charged. You make two observations about this object. 1. The object of an...
-
The owner of a moving company typically has his most experienced manager predict the total number of labor hours that will be required to complete an upcoming move. This approach has proved useful in...
-
What are the criticisms and a defense of the Dow Jones Industrial Average?
-
What categories of stocks make up the Standard & Poors 500 Stock Index?
-
(a) Find a function f such that F = f (b) Use part (a) to evaluate C F dr along the given curve C. F(x, y, z) = y 2 cos z i + 2xy cos z j xy 2 sin z k, C: r(t) = t 2 i + sin tj + tk, 0 t
-
A 5 5 . 9 kg person displaces 5 7 . 2 L of water when submered in a water tank. What is the density of the person in g / cm ^ 3 ?
-
Portillo & Sons, Inc. purchased equipment on January 1, 2017, at a cost of $500,000. Depreciation was based on an estimated 7-year life and $10,000 estimated residual value. The company uses the...
-
Amanda would like to organize BAL as either an LLC (taxed as a sole proprietorship) or a C corporation. In either form, the entity is expected to generate an 8 percent annual before-tax return on a...
-
A company purchased merchandise to be resold at increasing cost during the year 2017. The purchases were made at the following costs. January 1, 2017 (carried over from 2016) - 20 units at $10...
-
Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $189,500 salary working full time for Angels Corporation. Angels Corporation reported $438,000 of...
-
The area of JKL is 65. Quantity A is greater. Quantity B is greater. The two quantities are equal. The relationship cannot be determined from the information given. Quantity A KL Quantity B LM
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
Rijo Corporation uses the equity method to account for its ownership of 30% of the common stock of Pippen Packing. During 2010 Pippen reported a net income of $80,000 and declares and pays cash...
-
What constitutes significant influence when an investors financial interest is below the 50% level?
-
What constitutes significant influence when an investors financial interest is below the 50% level?
-
A cyclist accelerates from rest along straight, horizontal path for a time t accel = 17.5 s at a rate of a = 1.1 m/s squared. part a) Calculate the magnitude of the displacement, in meters, for the...
-
Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis. Accounts receivable Percent uncollectible Total $ 153,500 0 $ 91,000 1 to 30 $...
-
The Fibonacci number Fn is recursively defined as F(n) F(n-1)+F(n-2), where F(1) =1 and F(2) = 1. So, F(3) F(2)+F(1)=1+1=2, and so on. Write the MIPS assembly for the fib(n) function, which computes...
Study smarter with the SolutionInn App