Daily Closing for the Dow Jones Industrial Average Are Provided

question 39

Multiple Choice

Daily closing for the Dow Jones Industrial Average are provided in the table below.
$$\begin{array} { c c } \text { Day } & \text { DJIA } \\\hline 1 & 13,500 \\2 & 13,395 \\3 & 13,505 \\4 & 13,750 \\5 & 13,820 \\6 & 13,910\end{array}$$
Calculate a 5-day moving average for day 6.

• A) 11,397
• B) 13,565
• C) 13,594
• D) 13,647
• E) 13,676

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Definitions:

Contractual Agreement

A legally binding agreement between two or more parties that outlines the terms and conditions of an arrangement.

Financial Statements

Reports that summarize the financial performance and financial position of a company, including the balance sheet, income statement, and cash flow statement.

Intercompany Sales

Transactions of goods or services between divisions, subsidiaries, or affiliated companies within the same conglomerate.

Equity Method

An accounting method used to account for investments in other companies by recognizing the investor’s share of the investee's profits and losses.