-What Is the 4-Day Simple Moving Average as of Day

question 44

Multiple Choice

$\begin{array}{c}\begin{array}{c} \text {Day}\\1 \\2 \\3 \\4 \\5 \\6 \\7\end{array}\begin{array}{c}\text { Closing Price }\\48.22 \\48.40 \\47.28 \\47.30 \\48.11 \\49.02 \\49.10 \end{array}\end{array}$

-What is the 4-day simple moving average as of day 6?

• A) 47.93
• B) 48.08
• C) 48.11
• D) 48.74
• E) 48.81

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Definitions:

Benefit

An advantage or profit gained from something, often used in legal terms to describe gains in contracts or employment.

Debt

Money that is owed or due to another individual, entity, or institution.

Enforceable

Capable of being imposed by law or through legal action, usually in reference to contracts, agreements, or regulations.

Sale of Goods

A transaction between a buyer and seller where the ownership of tangible personal property is transferred for a price.