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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 %

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Christie and Jergens formed a partnership with capital contributions of $390,000 and $490,000, respectively. Their partnership a
xxMikexx [17]

Answer:

Christie 's share =  $ 37759.09

Jergens Share = $ 47,441

Explanation:

Partner's Profit share are calculated after the deduction of salary or any other interest incomes.

Profit for the current year = $ 163,000

Christie' s Salary                    $ 69,000

Christie Interest Income          $ 3900

10 % 0f $ 390,000

Jergens  Interest Income         $ 4900

10 % 0f $ 490,000

Profit  Balance                                       $ 85,200

Profit Sharing Ratio

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390,000: 490,000

39: 49

Christie 's share = $ 85,200 * 39/88= $ 37759.09

Jergens Share = $ 85,200 * 49/88= 47440.9= $ 47,441

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3 years ago
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Wewaii [24]

Answer:

Vertical accountability refers to the ability of

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Vertical accountability refers to the ability of individuals and groups to hold state institutions accountable and horizontal accountability refers to the ability of the legislature to hold the executive accountable.

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