Stock Index Performance on November 26, 2007, the Dow Jones

question 68

Multiple Choice

Stock Index Performance On November 26, 2007, The Dow Jones Industrial Average closed at 12,743.40, which was down 237.44 that day. What was the return (in percent) of the stock market that day?

• A) -.02%
• B) +.02%
• C) -1.83
• D) +1.83%

Learn how to calculate the cost of goods sold (COGS) for a manufacturer.

Differentiate between the calculation of COGS for a merchandiser and a manufacturer.

Identify and describe the main components involved in manufacturing inventory management.

Understand the concept of inventory turnover and its importance.