On October 28, 2015, the DJIA opened at 13,032.26. The divisor at that time was 0.132246555. Suppose on this day the prices for 29 of the stocks remained unchanged and one stock increased $5. What would the DJIA level be at the end of the day? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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- On January 4, 2019, the DJIA opened at 10,318.80. The divisor at that time was .147855317. Suppose on this day the prices for 29 of the stocks remained unchanged and 1 stock increased $4. What would the DJIA level be at the end of the day? (Do not round intermediate calculations. Round your answer to 2 decimal places.)On March 5, 2013, the Dow Jones Industrial Average set a new high The index closed at 14,253.77, which was up 125.95 that day What was the return (in percent) of the stock market that day?he table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.) IBM AMZN January $ 173.24 $ 609.06 February 175.69 619.88 March 187.69 578.30 April 203.79 546.50 May 193.81 516.54 June 207.25 499.18 July 230.50 605.49 August 207.85 538.26 September 219.11 513.48 October 214.23 598.70 November 194.99 594.17 December 174.78 652.50
- On November 27, 2007, The Dow Jones Industrial Average closed at 12,988.44, which was up 230.04 that day. What was the return (in percent) of the stock market that day?The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. InstructionsDetermine the following measures for 20Y2. Round to one decimal place including percentages, except for per-share amounts, which should be rounded to the nearest cent.1. Working capital2. Current ratio3. Quick ratio4. Accounts receivable turnover5. Number of days' sales in receivables6. Inventor)’ turnover7. Number of days' sales in inventoryToday, is January 4, 2016. IBM common stock is selling at $135.95 per share. The stock has a dividend yield of 4% per year. The following table contains the monthly stock prices for IBM shares during the last 12 months. Month (2015) IBM Share Price January 148.46 February 157.92 March 156.51 April 167.04 May 166.69 June 159.82 July 159.16 August 146.52 September 143.62 October 138.78 November 139.42 December 137.62 A call option with a March 18, 2016 expiration date and an exercise price of $130 is currently trading at $6.50. Each option entitles the holder to purchase 100 IBM shares. The risk-free rate is 0.58%, compounded continuously. Shares and options can only be bought and sold in whole numbers. Note that 2016 is a leap year. b. Based on the market price of $6.50, derive the implied volatility on the IBM shares. You may use the BlackScholesMertonImpliedVolatility10e.xlsm file provided by the…
- The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. Please see the attachment for details: InstructionsDetermine the following measures for 20Y2, rounding to one decimal place including percentages, except for per-share amounts:1. Working capital2. Current ratio3. Quick ratio4. Accounts receivable turnover5. Number of days’ sales in receivables6. Inventory turnover7. Number of days’ sales in inventory8. Ratio of fixed assets to long-term liabilities9. Ratio of liabilities to stockholders’ equity10. Times interest earned11. Asset turnover12. Return on total assets13. Return on stockholders’ equity14. Return on common stockholders’ equity15. Earnings per share on common stock16. Price-earnings ratio17. Dividends per share of common stock18. Dividend yieldhe table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month moving average for each month for both companies. (Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places.) IBM AMZN January $ 181.64 $ 629.36 February 181.29 635.00 March 205.33 558.56 April 222.41 552.10 May 187.09 487.42 June 213.69 482.38 July 249.12 609.69 August 190.63 531.96 September 225.83 509.84 October 215.91 612.84 November 201.29 581.99 December 178.70 667.90The Dow Jones Industrial Average (DJIA) and the Standard Poors 500 (SP 500) indexes are used as measures of overall movement in the stock market The DJIA is based on the price movements of 30 large companies: the SP 500 is an index composed of 500 stocks. Some say the SP 500 is a better measure of stock market performance because it is broader based. The closing price for the DJIA and the SP 500 for 15 weeks, beginning with January 6, 2012, follow (Barrons web site, April 17, 2012). a. Develop a scatter chart for these data with DJIA as the independent variable. What does the scatter chart indicate about the relationship between DJIA and SP 500? b. Develop an estimated regression equation showing how SP 500 is related to DJIA. What is the estimated regression model? c. What is the 95% confidence interval for the regression parameter 1? Based on this interval, what conclusion can you make about the hypotheses that the regression parameter 1 is equal to zero? d. What is the 95% confidence interval for the regression parameter 0? Based on this interval, what conclusion can you make about the hypotheses that the regression parameter 0 is equal to zero? e. How much of the variation in the sample values of SP 500 does the model estimated in part (b) explain? f. Suppose that the closing price for the DJIA is 13,500. Estimate the closing price for the SP 500. g. Should we be concerned that the DJIA value of 13,500 used to predict the SP 500 value in part (f) is beyond the range of the DJIA used to develop the estimated regression equation?
- During 2012, Ponce Towers issued 30,000 additional shares of common stock on June 1 and 24,000 on November 1. The company earned 602,000 from continuing operations and 28,000 from another segment of the business that was discontinued during the year. Use your completed worksheet to prepare a computation of earnings per share for 2012. Erase any data in the Data Section that are not required for 2012. Save the solution for 2012 as EPS3 and print the results.The following information was available for the year ended December 31, 2016: Sales $ 460,000 Net income 66,140 Average total assets 760,000 Average total stockholders' equity 365,000 Dividends per share 1.33 Earnings per share 3.00 Market price per share at year-end 27.60 a. Calculate margin, turnover, and ROI for the year ended December 31, 2016. (Round your intermediate calculations and final answers to 2 decimal places.) b. Calculate ROE for the year ended December 31, 2016. (Round your answer to 2 decimal places.) c. Calculate the price/earnings ratio for 2016. (Round your answer to 2 decimal places.) d. Calculate the dividend payout ratio for 2016. (Round your answer to 2 decimal places.) e. Calculate the dividend yield for 2016. (Round your answer to 2 decimal places.)A company expects EPS to be $2.52 next year. The industry average P/E ratio is 23.99 and Enterprise multiple is 7.57. The EBITDA for the company is $22.97 million. What is an estimate of the stock price using the method of comparables for P/E multiples? Round your answer to two (2) decimal places.
