General accounting 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%