Calculate the mda today and that of a year ago

Assignment Help Accounting Basics
Reference no: EM131624158

Question: Imagine that the Mini-Dow Average (MDA) is based on the closing prices of five stocks. The divisor used in the calculation of the MDA is currently 0.765. The closing prices for each of the five stocks in the MDA today and exactly one year ago, when the divisor was 0.780, are given in the accompanying table.

a. Calculate the MDA today and that of a year ago.

b. Compare the values of the MDA calculated in part a and describe the apparent market behavior over the last year. Was it a bull or a bear market?

2442_5.png

Reference no: EM131624158

Questions Cloud

What is the current bond price : The bonds make annual payments. If the YTM on these bonds is 4 percent, what is the current bond price?
How do you think the economic trends that affect your client : How do you think the economic trends that affect your client might impact the planning and execution of your audit
Contact the chair of a local hospitals bioethics committee : Contact the chair of a local hospital's bioethics committee and interview him/her regarding the use of the committee at that facility.
What is bad boys cost of capital : Bad boys inc is evaluating its cost of capital under consultation. Bad boys inc expects to issue new debt at 8% par with a coupon rate of 8% and to issue new.
Calculate the mda today and that of a year ago : Imagine that the Mini-Dow Average (MDA) is based on the closing prices of five stocks. The divisor used in the calculation of the MDA is currently 0.765.
Present the life cycle of an electronic health record : Present the life cycle of an electronic health record. Integrate and apply course content by identifying an authentic problem that can be solved with an EHR.
Find the whispering inventory turnover ratio : The following information was available for Whispering Winds Corp. at December 31, 2017: Whispering inventory turnover ratio (rounded) in 2017 was
Create sexual violence prevention guide for an organization : Create a 1-page Sexual Violence Prevention Guide for an organization you select based on employees who may be affected.
Calculate the value of the sp-six index : The SP-6 Index (a fictitious index) is used by many investors to monitor the general behavior of the stock market.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Differentiate between money and capital markets

Describe the role of the financial institutions and financial markets in our economy

  What exactly did you expect the advantage to be of bartering

What exactly did you expect the advantage to be of bartering with treasury stock? For that matter, why did you issue stock for the land rather than merely pay cash?

  The board of directors declared cash dividends totaling

the board of directors declared cash dividends totaling 364000 during the current year. the comparative balance sheet

  Suppose a 20 per unit sales tax is imposed on consumers

1. in a competitive market the industry demand and supply curves are p 200 - .2qd and p 100 .3qs respectively.a. find

  The decision sciences department

The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee's time is worth $15 per hour. The slow copier rents for $4 per hour, and it takes an employee an average of 1..

  Post the january journal entries to the t-accounts

Post the January journal entries to the T-Accounts and compute ending balances - Post the adjusting entries to the General Ledger T-accounts and compute adjusted balances.

  Buidling an income statement tyler inc has sales of 753000

coporate finance bookbuidling an income statement tyler inc. has sales of 753000 costs of 308000 depreciation expense

  What is the allocated cost of the sold items

Pike Seafood Company purchases lobsters and processes them into tails and flakes. It sells the lobster tails for $20 per pound and the flakes for $15 per pound.

  Prepare monthly cash budgets for each of first three months

Kasik Co. budgeted the following cash receipts and cash disbursements for the first three months of next year.

  An adjusting entry that debits accounts receivable

An adjusting entry that debits Accounts Receivable is an example of a(n) A. accrued revenue, B. deferred revenue , C. accrued expense, D. deferred expense.

  Alternate hypothesis for one of these issue

In looking at your business, when and why would you want to use a one-sample mean test (either z or t) or a two-sample t-test? Create a null and alternate hypothesis for one of these issues. How would you use the results?

  Explain the term accounting policy

Explain the term 'accounting policy' and distinguish between 'retrospective application' and 'retrospective restatement'

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd