1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alina [70]
3 years ago
8

On November 27, 2007, The Dow Jones Industrial Average closed at 12,958.44, which was up 215.04 that day. What was the return (i

n percent) of the stock market that day?A. -0.017 percentB. +0.017 percentC. -1.69 percentD. +1.69 percent
Business
1 answer:
BARSIC [14]3 years ago
4 0

Answer:

D. + 1.69 %

Explanation:

To determine which is the correct answer to the question, we have to first evaluate whether the DOW was up or down for the day. The question provides the info that it was up 215.04 on that day. So automatically, the answer options A and C are eliminated since they represent negative changes.

To determine the percentage increase, we have to find out the prior day closing of the DOW, this is found out by subtracting the days' gain from the total level.

12,958.44 - 215.04  = 12,743.40

the gain for the day of 215.04 on the base figure represents the  % gain.

215.04 / 12743.40 = 1.69 %

You might be interested in
Which of the following situations might convince an employer to choose a nonqualified retirement plan over a qualified profit-sh
Vinil7 [7]

Answer:

All the options might convince to an employer to choose a nonqualified retirement plan over a quialified plan.

en A). the owner of the corporation would use a nonqualified plan because the income tax rate of the business is lower than the owner´s tax rate.  

B) Is a true statement.  as nonqualified plans are typycally only stablised to benefit the executive and there are no requirements to benefit thr rank and file

C)

would cause an employer to choose a nonqualified plan because a nonqualified plan requires less administrative costs than a profit sharing plan

7 0
3 years ago
Does a business neceşsarily have obligations to anyone<br> besides stockholders?
Marina CMI [18]

Answer:

of course. Business have obligations and duties towards many parties. we call these people "stake holders". in other words, they are either interested in the business and activities or are effected by the business activities.

for an example, the community and the environment the business operates in are stakeholders and the firm has responsibility to ensure an environmental friendly production and practices are carried out by the firm.

Government and tax authorities are another example. firm has to make sure that the required disclosures are made and proper taxes are paid timely.

Potential investors are another example, the company has to make sure that they disclose all the relevant and material information that may give signals about the companies future and its direction.

Explanation:

8 0
3 years ago
Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with in
seropon [69]

Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs social and cultural norms.

Social norms are unwritten rules about how to behave but also how things 'just are' within society. Sarah is use to having internat at a rate she can afford but needs to make sure the best rate for running her business approriately is in place. These norms are similar to cultural norms that are what is unspoken to us based on the environment in which we live. They may change as the environment adapts depending on each situation.

3 0
3 years ago
1. Which of the following ratios are key components in measuring a company's operating efficiency? (You may select more than one
mrs_skeptik [129]

Answer:

Explanation:

1. c. Return on total assets checked

d. Total asset turnover checked

2) b. Debt ratio

3) d. Working capital

4) c. Accounts receivable turnover checked

8 0
3 years ago
Read 2 more answers
You are given the following long-run annual rates of return for alternative investment instruments: U.S. Government T-bills 3.10
Dvinal [7]

Answer:

The real rate of return is 0.10%

Explanation:

For computing the real rate of return, we need to apply the formula which is shown below:

( 1 + nominal rate) = ( 1 + real rate) × (1 + inflation rate)

So,

The real rate = {(1 + nominal rate) ÷  (1 + inflation rate)} - 1

                     = ((1 + 3.10%) ÷  (1 + 2%)} - 1

                     = (1.031 ÷ 1.02) - 1

                     = 1.0107 - 1

                     = 0.10

The Government T-bills is only the nominal rate so we considered this only

5 0
4 years ago
Other questions:
  • When either prices go down or income goes up, there is an increase in which
    10·2 answers
  • Name three primary sources of authority that tax professionals should check against the citator before relying on those sources
    15·1 answer
  • Northern Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,
    12·1 answer
  • Columbus Manufacturing's stock currently sells for $ 23.57 a share. The stock just paid a dividend of $2 a share (i.e.,D0=2). Th
    8·1 answer
  • If an advertisement is affiliated with a website's content, what might that suggest?
    9·1 answer
  • Rebecca is a c-average student who decides to take a speed-reading course. after she finishes the course, she will probably:
    6·1 answer
  • Suppose there exists a market for coffee that is in equilibrium at 500 cups brewed per week for $3/cup. Now suppose the demand f
    6·1 answer
  • Which of the following statements concerning a bank savings account is false? a. Deposits are insured for at least $100,000. b.
    9·1 answer
  • Along with a complete shut down or even jail time for its principals, what other possible result can occur if a business violate
    10·1 answer
  • The quantity supplied is the: Group of answer choices amount of inputs that a firm earns profit on. change in the sellers' outpu
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!