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(Situation F) the Sales (In Thousands of Dollars) of Automobiles

question 12

Essay

(Situation F) The sales (in thousands of dollars) of automobiles by the three largest American automakers from 1986 through 1992 are shown in the table below.  Year  G.M.  Ford  Chrysler 1986899358101796198771014328122519886762431312831989624442551182199077694934149419918256558520341992930555512157\begin{array} { l r c r } \hline \text { Year } & \text { G.M. } & \text { Ford } & \text { Chrysler } \\\hline 1986 & 8993 & 5810 & 1796 \\1987 & 7101 & 4328 & 1225 \\1988 & 6762 & 4313 & 1283 \\1989 & 6244 & 4255 & 1182 \\1990 & 7769 & 4934 & 1494 \\1991 & 8256 & 5585 & 2034 \\1992 & 9305 & 5551 & 2157 \\\hline\end{array}
-Using 1986 as the base year, find the simple composite index for 1992.


Definitions:

Insider Information

Privileged, non-public information pertaining to the business activities or other aspects of a company that can provide a financial advantage in the securities market.

Secondary Market

Already existing securities are bought and sold on the exchanges or in the OTC market.

AMEX

The American Stock Exchange, a stock exchange in the United States where stocks and options are traded.

Market Order

A buy or sell order to be executed immediately at current market prices.

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