Ralph is constructing a price weighted index On March 1 , 2XX1, he has the following stocks in the index Company Share price shares outstanding Walmart $16 85 36,000 Kmart $6 99 52,000 Venture $94 51 71,000 Macys $32 09 79,000 What is the price weighted index on March 1, 2XX1 (Do not round intermediate calculations Round your answers to 3 decimal places (e g , 32 167))

The Answer is in the image, click to view ...

Question: Ralph is constructing a price-weighted index. On March 1 , 2XX1, he has the following stocks in the index: Company Share price # shares outstanding

Ralph is constructing a price-weighted index. On March 1, 2XX1, he has the following stocks in the index:

Company	Share price	# shares outstanding
Walmart	$16.85	36,000
Kmart	$6.99	52,000
Venture	$94.51	71,000
Macys	$32.09	79,000

What is the price-weighted index on March 1, 2XX1? (Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.167))

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

1.With the framework of aggregate demand and aggregate supply, graphically illustrate and carefully explain the impact of a general expectation of rapid inflation on the economy's equilibrium price...

Ralph is constructing a price-weighted index. On March 1, 2XX1, he has the following stocks in the index: Company Share price # shares outstanding Walmart $9.23 28,000 Kmart $95.82 90,000 Venture...

Question 4 5 points Ralph is constructing a price-weighted index. On March 1, 2XX1, he has the following stocks in the index Company Share price #shares outstanding Walmart $38.59 67,000 Kmart $70.5...

Ralph is constructing a price-weighted index. On March 1 , 2XX1, he has the following stocks in the index: Company Share price # shares outstanding Walmart $39.6 44,000 Kmart $15.32 84,000 Venture...

Ralph is constructing a value-weighted index. On March 1, 2XX1, he has the following stocks in the index: Company Share price # shares outstanding Apple $10 10,000 Beefo $22 20,000 Catto $15 16,000...

Ralph is constructing a value-weighted index. On March 1 , 2XX1, he has the following stocks in the index: Company Share price # shares outstanding Apple $10 10,000 Beefo $22 20,000 Catto $15 16,000...

Ralph is constructing a value-weighted index. On March 1, 2022, he has the following stocks in the index; Company Share price # shares outstanding Apple $10 10,000 Beefo $22 20,000 Catto $15 16,000...

I need someone to help me this attached assignment NOTE. the format the analysis have to be in right? I have attached a picture of horizontal analysis of the balance sheet Objective: to obtain...

Ehhibit 1 Yeats Valves and Control Consolidated Balance Sheet(Abridged) As of December 31, 1999 (dollar figures in thousands except per-share figures) $ Assets Cash U.S. government securities, at...

Hello, I need help with exercise E14-3 in the attached file. (a) Prepare a horizontal analysis of the balance sheet data for Conard Corporation using 2011 as a base. (b) Prepare a vertical analysis...

I need problem E14-11 solved on page 714 of the document attached. JWCL165_c14_674-725.qxd 8/16/09 7:46 AM Page 674 14 Financial Statement Analysis Chapter STUDY OBJECTIVES After studying this...

Based on the data in Exercise 10-14, determine the depreciation for the sandblasting equipment for each of the first two years, using the sum-of-the-years-digits depreciation method. Round to the...

What is a primary way to determine causality between two variables?

[ Etc ] \ table [ [ ] , [ ] , [ , , , 3 0 0 , 0 0 0 , ] , [ Prodertion is onnes, 3 0 0 0 0 0 , \ table [ [ 3 5 0 . 0 0 0 ] , [ Intieos ] ] , $ 3 5 8 , 0 0 0 , Stes . 0 6 0 ] , [ Pevenees , $ 3 0 4 0...

1. Use Ampere's Law to derive an expression for the magnetic field a distance r away from a long straight wire. 2. Use the Biot Savart law to find the magnetic field at point P due to the...

Dennis Dickson is looking for a company both to make and distribute plaidberries under an exclusive license, plaidberries is blackberries that are mixed with extracts and they are used as a filling.

The Study found that people, exposed to Purina banner ads, were almost 50 percent more likely to volunteer Purina as the first Dog Food brand that came to mind.

According to professor Charles Noussair of the economics department of Purdue University, opinion surveys Capture the respondent in the role of a voter, not in the role of a consumer.