Assume A Corp, B Corp, and C Corp are components of the Dow Jones Industrial Average (DJIA).
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume A Corp, B Corp, and C Corp are components of the Dow Jones Industrial Average (DJIA). Given the information below, which would have the most influence on price movements of the DJIA?
B Corp.: stock price = $50, market cap = $50 million, assets = $10,000
All would have the equal influence on price movements
C Corp: stock price = $25, market cap = $250 million, assets = $5000
A Corp: stock price = $100, market cap = $100 million, assets = $1000
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Posted Date: