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
riadik2000 [5.3K]
3 years ago
11

At the beginning of the day, the dow jones index was at $10,287.56. at the end of the day, the dow jones index was at $10,005.23

. what was the rate of change of the dow jones on this particular day? express your answer as percentage and round to 2 decimal places.
Business
1 answer:
ehidna [41]3 years ago
7 0
<span>(10,287.56 - 10,005.23) / 10,287.56 = 
(282.33) / 10,287.56 = 0.0274
0.0274/100 = 2.74%
</span><span>At the beginning of the day, the dow jones index was at $10,287.56. at the end of the day, the dow jones index was at $10,005.23. </span>The rate of change of the dow jones on this particular day is 2.74%
You might be interested in
A speaker seeking to express the events leading to higher interest rates should choose which pattern of organization?
LenKa [72]
The speaker should choose causal pattern of organization. Public speaking may have patterns of organization, that includes logical or topical pattern, chronological or time-sequence pattern, spatial or Geographical pattern, causal or cause and effect pattern and problem-solution pattern. Causal pattern is a way of organizing speech on a particular topic is to look at the subject in terms of cause and effect.
4 0
3 years ago
Tulip Corporation purchased equipment for $ 54 comma 000on January​ 1, 2017. On December​ 31, 2019, the equipment was sold for $
Digiron [165]

Answer:

Gain/loss= $1,000 loss

Explanation:

Giving the following information:

Original price= $54,000

Accumulated depreciation= $28,000

Seling price= $25,000

The gain or loss from selling an asset depends on the book value.

Book value= original price - accumulated depreciation

Book value= 54,000 - 28,000= 26,000

If the selling price is higher than the book value, the company gain from the sale.

Gain/loss= 25,000 - 26,000= $1,000 loss

6 0
3 years ago
according to the basic dcf stock valuation model, the value an investor should assign to a share of stock is dependent on the le
Temka [501]

Answer:

T

Explanation:

7 0
3 years ago
What would be the consequences if managers of a firm evaluated a project based on its actual dollar cash flows, but used a real
matrenka [14]

Answer:

Real rate of returns are lower than nominal rates of return, therefore, using a real discount rate would overestimate a project's net present value. This could result in unprofitable projects being accepted because the NPV was erroneously calculated. If you want to use a real discount rate, you must first convert cash flows to real dollars.

For example, nominal discount rate is 10%, inflation rate is 5%, real discount rate is 5%.

Initial outlay $100

NCF year 1 = $40

NCF year 2 = $40

NCF year 3 = $40

Using the real discount rate, the NPV = $8.93

Using the nominal discount rate, the NPV = -$0.53

6 0
2 years ago
Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the
larisa86 [58]

Answer:

The EFF of card is 27.45%.

Explanation:

EFF interest rate is an interest rate which is actually paid or received on debt or investment. It is also known as Effective Interest rate.

APR = 24.50%

EFF = ( ( 1 + r/m )^m ) - 1

EFF = ( ( 1 + 0.245/12 )^12 ) - 1

EFF = ( ( 1 + 0.020417 )^12 ) - 1

EFF = ( ( 1.020417 )^12 ) - 1

EFF =  1.27447765 - 1

EFF = 0.2745

EFF = 27.45%

6 0
3 years ago
Other questions:
  • Caroline is a manager in a medium-sized logistics company, Wings, Inc. She always makes it a point to have long conversations wi
    12·2 answers
  • An economic theory holding that the constant gradual expansion of the money supply is the key to a nation's economic health is
    14·1 answer
  • Sofia works for Galaxy Manufacturing Inc., where her team shares a machine and materials with another team that works a differen
    10·2 answers
  • "Try reorganizing your company. Make sure that all of the employees who are doing one kind of work report to the same manager. W
    11·1 answer
  • In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsid
    12·1 answer
  • Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:Project Soup P
    15·1 answer
  • What is the correct answer...A, B, or C?
    11·2 answers
  • After his company announced that it plans to cut 30% of the workforce within the next 90 days, Deon begins to experience chronic
    7·1 answer
  • Ngày 1/9/N, doanh nghiệp mua một lô hàng X, giá mua trên hóa đơn: 50.000. Giá cước vận chuyển lô hàng này về kho: 6.000; chi phí
    5·1 answer
  • In the short run, a purely competitive seller will shut down if Multiple Choice it cannot produce at an economic profit. there i
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!