-If Wayne and Shuster Are the Only Two Stocks in an Index

question 59

Multiple Choice

-If Wayne and Shuster are the only two stocks in an index, what is the value-weighted index return?

• A) 12.40%
• B) 11.65%
• C) 12.99%
• D) 10.43%
• E) 11.12%

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Definitions:

Office Supplies

Items such as pens, paper, and other materials used in an office setting for daily operations.

Merchandise Inventory

Goods that a business intends to sell to customers for a profit.

Days' Sales

An analysis technique used to estimate the average time it takes for a company to collect cash from sales.

Uncollected Ratio

Indicates the proportion of receivables that a company has not yet received payment for, typically represented as a percentage of total receivables.