Yesterday, the DJIA Closed at 12,309

question 43

Multiple Choice

Yesterday, the DJIA closed at 12,309.16. The divisor is .123017848. Today, every one of the stocks in the index increased in value by $.40 a share. What is the value of today's closing DJIA?

• A)12,309.16
• B)12,406.71
• C)12,442.23
• D)12,564.38
• E)12,571.02

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Definitions:

Current Liabilities

Financial obligations due within one year, including accounts payable, short-term loans, and taxes owed.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for sales made on credit.

Balance Sheet

A financial statement that shows a company's financial position, including assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

A financial statement that shows a company's revenues and expenses, leading to the net profit or loss over a specific period.