Question: Can you help me solve this general accounting problem using the correct accounting process? On July 10, 2022, the S&P 500 Index reached a new

Can you help me solve this general accounting problem using the correct accounting process?

On July 10, 2022, the S&P 500 Index reached a new high. The index closed at 4,180.85, which was up 85.25 points for the day. What was the return (in percent) of the stock market that day

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