Question: Why is the Dow Jones Industrial Average considered a blue-chip measure of value?

Why is the Dow Jones Industrial Average considered a “blue-chip” measure of value?

Step by Step Solution

★★★★★

3.35 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Because the Dow Jones Industrial Average is made up of stocks of v... View full answer

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

Document Format (1 attachment)

Word file Icon

538-B-A-S-E (976).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

What is the Dow Jones Industrial Average?

Q:

In 2000, the Dow Jones Industrial Averages range was 11,7239,796. Using the return for large stocks in Exhibit 10.2, what should have been the range in the Dow Jones Industrial Average for 2006 if...

Q:

Which Dow Jones industrial average stocks would be considered dogs? Today, locate the Dow dogs as of January 1; invest $1,000 in each dog. At the end of a time period such as the semester or year,...

Q:

Why is the stock market averages like Dow Jones Industrial Average Considered a bluechip measure of value? How the stock splits is adjusted in DJA

Q:

Why is the Dow Jones Industrial Average considering a blue - chip measure of value

Q:

Part 1 - Singly Linked Lists and the Dow Jones Industrial Average In lecture our singly linked lists have not been ordered in any particular way. Now, we are going to define a list managing class...

Q:

Part 1 - Singly Linked Lists and the Dow Jones Industrial Average In lecture our singly linked lists have not been ordered in any particular way. Now, we are going to define a list managing class...

Q:

The Dow Jones Industrial Average focuses on blue - chip, large - cap companies. What is indicated by the Dow Jones Industrial Average? Answer Unselected The smallest companies in sectors such as...

Q:

Why is the stock market averages like Dow Jones Industrial Average Considered a blue- chip measure of value? How the stock splits is adjusted in DJIA?

Q:

why is the stock market averages like Dow Jones industrial average considered a blue chip measure of value? How the stock splits is adjusted in DJIA?

Q:

A car parts plant is concerned that some of its employees are more likely to call in sick on Fridays or Mondays (the plant operates only five days a week).An analyst randomly selects one week, and...

Q:

The following Income Statement and Operating Cash Flow information pertain to Receivership Inc.'s operations for the year ended December 31, 2018. Income statement for the year ended December 31,...

Q:

Assume that you consider selling all 1 0 shares of a stock that you own. You use the dividend discount model and estimate that the value of the stock should be $ 4 5 . The current market price of the...

Q:

Would you like to be the focal person in a 360-degree review? Under what circumstances? Explain.

Q:

Wyrick Inc. had the following transactions pertaining to investments in common stock . Jan. 1 Purchased 2,500 shares of Murphy Corporation common stock (5%) for $140,000 cash plus $2,100 brokers...

Q:

On February 1, Neil Company purchased 500 shares (2% ownership) of Young Company common stock for $30 per share plus brokerage fees of $400. On March 20, Neil Company sold 100 shares of Young stock...

Q:

On January 1 Kwun Corporation purchased a 25% equity in Connors Corporation for $180,000. At December 31 Connors declared and paid a $60,000 cash dividend and reported net income of $200,000....

Q:

Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi plans to spend $5.6 million on TV, radio, and print advertising this...

Q:

We want to store the following data about our mattress store's revenue (sales) activity: item number item description item cost item commission % customer number customer name customer address sales...

Q:

Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so they claim a total of 4 exemptions. In addition, they have legitimate itemized deductions...