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:

EBIT

A profitability metric that calculates a company's profits excluding interest and income tax expenses.

Degree of Financial Leverage

A ratio indicating the degree to which a company uses borrowed funds to finance its operations, affecting potential returns and risk.

EPS

Earnings per share, a key indicator that calculates the portion of a company's profit allocated to each outstanding share of common stock.

Tax Deduction

An expense that a taxpayer is allowed to deduct from taxable income, thereby reducing the overall tax liability.