On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 14,253.77, which was up 125.95 that day. What was the return (in percent) of the stock market that day?
Q: Magna Carta Interiors is a job-order manufacturer. The company uses a predetermined overhead rate…
A: The predetermined overhead rate is calculated by dividing the estimated factory overhead by the…
Q: Labor data for making one gallon of the finished product in Nien Company are as follows: 1.…
A: Explanation for a: Standard direct labor rate per hour will be calculated as = Hourly wage rate +…
Q: Subject : Financial accounting
A: Explanation of Net Income:Net income is the amount of profit a company earns after deducting all…
Q: ?
A: To calculate the beginning work-in-process (WIP) balance, we can use the formula for the cost of…
Q: General Accounting
A: Step 1: Define After-Tax Cash FlowAfter-tax cash flow refers to the actual amount of cash received…
Q: Question: Accounting- Discounted payback period Fernando Designs is considering a project that has…
A: We have given, WACC (r) =10% = 0.01 YearCash flow(a)Discounted cash flow…
Q: Help
A: To determine the stock price using the given data, we can use the following relationships: Dividend…
Q: Goods available for sale are $118,000; beginning inventory is $37,000; ending inventory is $42,000;…
A: Explanation of Inventory Turnover Ratio:The Inventory Turnover Ratio measures how efficiently a…
Q: Provide correct answer general Accounting question
A: Step 1: Define Return on Equity:Return on equity is a financial measure of determining the ability…
Q: Dove, Inc. produces a product that has a variable cost of $6.00 per unit. The company's fixed costs…
A: Explanation: To calculate the amount of sales that will be necessary to earn a desired profit of…
Q: A firm has the following assets and liabilities: Cash $10,500 Accounts receivable $35,000 Allowance…
A: Step 1: Calculate Total AssetsAssets include cash, accounts receivable, and the adjustment for…
Q: What is the company's unit contributing margin
A: Explanation of Contribution Margin:The contribution margin is the difference between total sales…
Q: Hassock Corp. produces woven wall hangings. It takes 4 hours of direct labor to produce a single…
A: Given:Standard Rate: $15/hourActual Hours Used: 59,050 hoursStandard Hours per Unit: 4…
Q: Financial accounting
A: Step 1: Define Gain or Loss on SaleThe difference between the sale proceeds received from selling an…
Q: How much is net income?
A: Step 1: Understanding the Shares Outstanding Throughout the YearOn January 1, Pilot had 17,000…
Q: Financial Accounting Question
A: Step 1: Define Profit MarginProfit margin is a financial metric that measures the percentage of…
Q: Explain the concept of interim financial reporting?
A: Explanation of Interim Financial Reporting: This refers to financial statements or reports covering…
Q: General Account
A: To calculate the selling price, we need to use the formula for the gross profit ratio (GPR): Gross…
Q: The Activity-Based costs assigned to cost objects are based on what? Activity cost pools.…
A: Activity-Based Costing (ABC) is a costing method that identifies activities in an organization and…
Q: Financial Accounting
A: To calculate the value of erosion, we need to determine the loss of revenue caused by the decline in…
Q: Provide solution this general accounting
A: Step 1: Overhead rate Overhead rate = Estimated overhead costs/Estimated direct labor hoursOverhead…
Q: A company purchased a property for $100,000. The property included a building, a parking lot and…
A: Calculation of the Total Appraisal CostTotal Appraisal Cost = Appraisal of Building + Appraisal of…
Q: During 2017, Vaughn Manufacturing had sales on account of $828,000, cash sales of $465,000, and…
A: Calculate the change in accounts receivables as follows:Change = Sale on accounts - Collection on…
Q: What are the budgeed total manufacturing cost in March?
A: To calculate the budgeted total manufacturing costs for True Masons in March, we need to account for…
Q: Step by step answer
A: Given:Number of candles budgeted for production: 62,400 candlesTime required to mold each candle: 13…
Q: General Accounting 1.4
A: Approach to solving the question: 1. a) systematic relationships creates comprehensive oversight The…
Q: ??!!
A: Explanation of Fixed Costs: Fixed costs are expenses that remain constant regardless of production…
Q: The drawing account should be used to show: a. the amount the owner has invested in the business. b.…
A: In accounting, the drawing account is used specifically to track the withdrawals made by the owner…
Q: Answer this Question
A: Concept of Net Sales Revenue:Net Sales Revenue refers to the total amount earned by a business from…
Q: do fast answer of this accounting question
A: Step 1: Information providedDebt-to-equity ratio = 0.85 timesTotal debt = $42 millionWe need to…
Q: Answer? ? Financial accounting
A: Step 1: Define Allowance MethodThe allowance method refers to the method used to manage the…
Q: I want to this question answer general Accounting
A: Step 1: Define LiabilityIn financial accounting, liability refers to the amount a company owes to…
Q: Ans
A: Breakdown of Purchases:1994 purchase: 30 shares at $20 per shareTotal cost = 30×20=6001999 purchase:…
Q: General account
A: Step 1: the FormulaThe formula for total materials variance is: Total Materials Variance=Actual…
Q: What is the return on equity on these financial accounting question?
A: Step 1: Define Return on Equity (ROE)Return on Equity (ROE) measures a company's profitability in…
Q: What were total sales for the year?? General accounting
A: Step 1: Definition of Cost-Volume-Profit (CVP) AnalysisCost-Volume-Profit (CVP) Analysis helps…
Q: What is the unit product cost for the year using absorption costing ?
A: Absorption costing includes:Variable manufacturing costs per unit: Direct costs that vary with…
Q: Accounting problems
A: To solve this, we use the accounting equation: Assets=Liabilities+Owner's Equity From this…
Q: Financial Accounting 1
A: Concept of Marginal Tax RateThe marginal tax rate refers to the percentage of tax applied to the…
Q: What is the value of erosion on this general accounting question?
A: Step 1: Decrease in sales of Model A Decrease in sales = (Original sales units - New sales units) x…
Q: Solve this general accounting question
A: Calculating DOL: Step-by-Step 1. Start with Sales:• Sales = 150 2. Calculate Variable Costs:•…
Q: Correct solution
A: We have given, Cost of inventory = $17,000Selling price = $25,000 We know that total profit is :…
Q: Accurate Answer
A: To calculate goodwill in an acquisition, use the formula: Goodwill = Purchase Price - (Fair Value of…
Q: Need help with this accounting questions
A: Step 1: Definition of Profit MarginThe profit margin is a financial ratio that indicates the…
Q: ??
A: Explanation of Fixed Assets: These are long-term tangible assets like buildings, equipment, and land…
Q: ??!!
A: Explanation of Predetermined Overhead Rate: Predetermined overhead rate is a calculated rate used to…
Q: What is bicket's 2013 return on common stockholders equity?
A: 1. Calculate Preferred Stock Dividends:Preferred Stock Dividends = (Number of Shares * Par Value) *…
Q: Financial Account query
A: Step 1: Formula for Direct Labor CostThe formula to calculate the direct labor cost is: Direct Labor…
Q: 1. Juroc Incorporated has identified the following cost drivers for its expected overhead costs for…
A: First, we need to calculate the overhead rate for each cost pool. The overhead rate is calculated by…
Q: Answer this
A: Explanation of COGS (Cost of Goods Sold): COGS represents the direct costs attributable to the…
What was the return of the stock market that day ? General accounting


Step by step
Solved in 2 steps

- On March 9, 2009, the Dow Jones Industrial Average reached a new low at a close of 6,847.20, which was down 86.04 that day.What was the return (in percent) of the stock market that day? (Negative answer should be indicated by a minus sign. Round your answer to 2 decimal places.) Return of Stock Market : _____.__%On March 9, 2009, the Dow Jones Industrial Average reached a new low. The index closed at 6,547.05, which was down 79.89 that day. What was the return (in percent) of the stock market that day? (Negative answer should be indicated by a minus sign. Round your answer to 2 decimal places.) Return of stock market %Yesterday, the S&P 500 rose by .48%. However, 1,704 issues on the NYSE declined in price while 1,367 advanced. Why might a technical analyst be concerned even though the market index rose on this day?
- During the period from 2011 through 2015 the annual returns on small U.S. stocks were -3.76 percent, 18.79 percent, 46.82 percent, 3.39 percent, and -3.40 percent, respectively.What would a $1 investment, made at the beginning of 2011, have been worth at the end of 2015? (Round answer to 3 decimal places, e.g. 52.750.) Value in 2015 $enter a dollar amount of the investment at the end of 2015 rounded to 3 decimal places What average annual return would have been earned on this investment? (Round answer to 2 decimal places, e.g. 52.75.) Average annual return enter the average annual return per year rounded to 2 decimal places percent per year.A stock has an abnormal return of -0,8% per month. What is the annualized abnormal return? The answer should be given in decimal form with three decimals (e.g., if the correct answer is 2.4% write 0.024)6-14. (Expected return, standard deviation, and capital asset pricing model) The following LO5 are the end-of-month prices for both the Standard & Poor's 500 Index and Nike's common stock. a. Using the data here, calculate the holding-period returns for each of the months. NIKE S&P 500 INDEX 2017 January $52.90 $2,279 February 57.16 2,364 March 55.73 2,363 April 55.41 2,384 May 52.99 2,412 June 59.00 2,423 July 59.05 2,470 August 52.81 2,472 September 51.85 2,519 October 54.99 2,575 November 60.42 2,648 December 62.55 2,674 2018 January 68.22 2,824 b. Calculate the average monthly return and the standard deviation for both the S&P 500 and Nike. 222 PART 2 • The Valuation of Financial Assets c. Develop a graph that shows the relationship between the Nike stock returns and the S&P 500 Index. (Show the Nike returns on the vertical axis and the S&P 500 Index returns on the horizontal axis as done in Figure 6-5.) d. From your graph, describe the nature of the relationship between Nike stock…
- A company expects EPS to be $2.52 next year. The industry average P/E ratio is 23.99 and Enterprise multiple is 7.57. The EBITDA for the company is $22.97 million. What is an estimate of the stock price using the method of comparables for P/E multiples? Round your answer to two (2) decimal places.From the data below for the Dow Jones Industrial Average, calculate the three-day simple moving average. Fill in the “Buy/Sell Signal” column for this trading indicator. Then, calculate the three-day exponential moving average and fill in the “Buy/ Sell Signal” column for this trading indicator. Assume that the current closing price will receive 4/5 of the weight in the exponential moving average. Finally, fill in the “Signal Comparison” column. On which days do the signals disagree? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.) Date Adj Close 3-Day Simple Moving Average Buy/Sell Signal 3-Day Exponential Moving Average Buy/Sell Signal Signal Comparison 3/25/2019 25,516.99 3/26/2019 25,657.89 3/27/2019 25,625.75 3/28/2019 25,717.62 3/29/2019 25,928.84 4/1/2019 26,258.58 4/2/2019 26,179.29…Using the data shown in the table below that contains historical monthly prices and dividends (paid at the end of themonth) for Ford Motor Company stock (Ticker: F) from August 1994 to August 1998, compute the: a. Average monthly return over this period is --%. (Round to two decimal places.) b. Monthly volatility (or standard deviation) over this period. (Round to two decimal places.)c. compute 95% confidence interval of the estimate of the average monthly return. Date Stock Price Dividend Return 1+RtAug-94 $29.250 $0.000 Sep-94 $27.750 $0.000 -5.13% 0.949Oct-94 $29.500 $0.260 7.24% 1.072Nov-94 $27.125 $0.000 -8.05% 0.919Dec-94 $27.875 $0.000 2.76% 1.028Jan-95 $25.250 $0.260 -8.48% 0.915Feb-95 $26.125 $0.000 3.47% 1.035Mar-95 $26.875 $0.000 2.87% 1.029Apr-95 $27.125 $0.310 2.08% 1.021May-95 $29.250 $0.000 7.83% 1.078Jun-95 $29.750 $0.000…
- Consider the following information on large-company stocks for a period of years. Large-company stocks Inflation Arithmetic Mean 15.3% 3.5 a. What was the arithmetic average annual return on large-company stocks in nominal terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What was the arithmetic average annual return on large-company stocks in real terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. Nominal return 15.30 % b. Real return 11.80 %The following table shows the nominal returns on Brazilian stocks and the rate of inflation. Year Nominal Return (%) 2012 0.1 -15.0 -13.0 2013 2014 2015 2016 2017 -43.4 68.2 28.9 Standard deviation a. What was the standard deviation of the market returns? (Use decimals, not percents, in your calculations. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Inflation (%) 7.8 7.9 8.4 12.7 8.3 4.9 Averano real return % b. Calculate the average real return. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) %The Costaguana stock market provided a rate of return of 93%. The inflation rate in Costaguana during the year was 80%. In Ruritania the stock market return was 13%, but the inflation rate was only 4%. Calculate the real rate of return for Costaguana stock market? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Calculate the real rate of return for Ruritania stock market? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Which country's stock market provided the higher real rate of return?

