User Account

All Pages

What is the new index value tomorrow

Assignment Help Financial Accounting
Reference no: EM132820743

Question - A benchmark index has three stocks priced at $23, $43, and $56. The number of outstanding shares for each is 350,000 shares, 405,000 shares, and 553,000 shares, respectively and the equal-weighted index is 960 today and the prices changed to $23, $41, and $58 tomorrow, then what is the new index value tomorrow?

a. 971.25

b. 966.51

c. 956.54

d. 963.66

Reference no: EM132820743

Questions Cloud

What gain should iona recognize on the nonmonetary exchange : What gain should Iona recognize on the nonmonetary exchange? Iona Co. and Siena Co. exchanged goods held for resale with equal fair values.
Emerging trend for businesses in today environment : Corporate social responsibility is an emerging trend for businesses in today's environment.
Calculate the net present value of the investment : Calculate the Net Present Value of this Investment (pre-tax basis). Calculate the Net Present Value of this Investment (pre-tax basis)
Rational and the carnegie approaches to decision making : What are the critical differences between the Incrementalist and Garbage-can models? Which models best describe how decision making takes place in
What is the new index value tomorrow : The equal-weighted index is 960 today and the prices changed to $23, $41, and $58 tomorrow, then what is the new index value tomorrow
Sport Management program goals : Describe any new or evolving roles and responsibilities and how they link to Sport Management program goals and School of Business competencies.
Are you for or against forced ranking : Are you for or against forced ranking? Support your response with examples of two pros and two cons that you must consider in your stance.
Explain the pros and cons of three possible recruiting : Explain at least two federal laws against discrimination that apply to recruiting and hiring employees in your organization. Include what can happen if the laws
What is the ethical issue in this situation : In March, company geologist discovered a pool of oil that tripled the company's proven reserves. What is the ethical issue in this situation

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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