Exhibit 16 $$\begin{array} { c c } \text { Day } & \text { Price} \\\hline 1 & 9867 \\2 & 10025 \\3 & 10524 \\4 & 10210 \\5 & 10104 \\6 & 9925\end{array}$$

question 1

Multiple Choice

Exhibit 16.1
Use the Information Below for the Following Problem(S)
Daily closings for the Dow Jones Industrial Average are given in the table below.
$$\begin{array} { c c } \text { Day } & \text { Price} \\\hline 1 & 9867 \\2 & 10025 \\3 & 10524 \\4 & 10210 \\5 & 10104 \\6 & 9925\end{array}$$
-Refer to Exhibit 16.1.Calculate a 5-day moving average for day 6.

• A) 10,102.3
• B) 9905.6
• C) 9875.4
• D) 10,215.7
• E) 10,157.6

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Definitions:

Buyer's Expense

Costs that are borne by the purchaser of goods or services, including but not limited to, shipping, taxes, and any other charges associated with the purchase.

Alongside the Ship

A term used in shipping to describe a situation where goods are positioned next to a vessel, ready to be loaded or having been unloaded, essentially indicating they are at the place of transfer.

Simple Delivery Contract

Type of contract in which purchased goods are transferred to the buyer from the seller either at the time of the sale or at some time later by the seller’s delivery.

Merchant

An individual or business that sells goods or services in a commercial setting.