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Mike Invests $10,000 in the Dow Jones Industrial Index on January

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Mike invests $10,000 in the Dow Jones Industrial Index on January 1, 2000 when the index was at 11,357. At the end of 2010, the index was at 11,578. What is the value of Mike's investment?


Definitions:

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Direct Labor Cost

The total cost of wages paid to employees who are directly involved in the manufacturing or production of goods or services.

Estimated

An approximation or a preliminary calculation of figures based on available data or trends.

Raw Materials Production Needs

The quantity of raw materials required to meet the production schedule, considering inventory levels and future production rates.

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