If the Dow Jones Industrial Average Is at 10,205 and It

question 109

Multiple Choice

If the Dow Jones Industrial Average is at 10,205 and it is up 4% from the previous day, what was the index at the close of the market the previous day?

• A) 10,201.0
• B) 9,805.0
• C) 9,812.5
• D) 9800. 0

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Definitions:

Internal Revenue Code

The comprehensive federal law that governs all aspects of income tax in the United States.

Capital Investment

Funds invested in a firm or enterprise for the purpose of furthering its business objectives.

Manufacturing Sunk Cost

Costs that have already been incurred in the manufacturing process and cannot be recovered or altered by future decisions.

Capital Investment Analysis

The process of evaluating the potential returns and risks associated with investing in long-term assets to aid in decision making.