I want to correct answer general accounting question On September 15, 2024, the Dow Jones Industrial Average gained425.85 points to close at 38,425.60. What was the percentage returnof the stock market that day?a. 1.05%b. 1.12%c. 1.28%d. 1.35%

Given:Points gained = 425.85Closing value = 38,425.60 Previous close = 38,425.60 - 425.85…

Answered: On September 15, 2024, the Dow Jones…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter15: Capital Investment Analysis

Section: Chapter Questions

Problem 15.3.2MBA

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On September 15, 2024, the Dow Jones Industrial Average gained 425.85 points to close at 38,425.60. What was the percentage return of the stock market that day? a. 1.05% b. 1.12% c. 1.28% d. 1.35%