Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A financial analyst wants to compare the performance of the stocks of two internet companies, Amazon (AMZN) and Alphabet (GOOG). She records the monthly closing

image text in transcribed
image text in transcribed
image text in transcribed
A financial analyst wants to compare the performance of the stocks of two internet companies, Amazon (AMZN) and Alphabet (GOOG). She records the monthly closing prices of the two stocks for the years 2016 through 2019 . A portion of the data is shown in the accompanying table. Construct a line chart that shows the movements of the two stocks over time using two lines each with a unique color. DipictureClick here for the Excel Data File With respect to the line chart, which of the following statements is least accurate? Amazon stock price had a steep drop in the latter half of 2018. Amazon stock price seems to have a greater trajectory. GOOG stock price appears more volatile. GOOG stock price has an upward trend. \begin{tabular}{|r|r|r|} \hline 8/1/16 & 769.16 & 167.05 \\ \hline 9/1/16 & 837.31 & 777.29 \\ \hline 10/1/16 & 789.82 & 784.54 \\ \hline 11/1/16 & 750.57 & 758.04 \\ \hline 12/1/16 & 768.66 & 771.82 \\ \hline 1/1/17 & 823.48 & 796.79 \\ \hline 2/1/17 & 845.04 & 823.21 \\ \hline 3/1/17 & 886.54 & 829.56 \\ \hline 4/1/17 & 924.99 & 905.96 \\ \hline 5/1/17 & 994.62 & 964.86 \\ \hline 6/1/17 & 968.00 & 908.73 \\ \hline 7/1/17 & 987.78 & 930.50 \\ \hline 8/1/17 & 980.60 & 939.33 \\ \hline 9/1/17 & 961.35 & 959.11 \\ \hline 10/1/17 & 1105.28 & 1016.64 \\ \hline 11/1/17 & 1176.75 & 1021.41 \\ \hline 12/1/17 & 1169.47 & 1046.40 \\ \hline 1/1/18 & 1450.89 & 1169.94 \\ \hline 2/1/18 & 1512.45 & 1104.73 \\ \hline 3/1/18 & 1447.34 & 1031.79 \\ \hline 4/1/18 & 1566.13 & 1017.33 \\ \hline 5/1/18 & 1629.62 & 1084.99 \\ \hline 6/1/18 & 1699.80 & 1115.65 \\ \hline 7/1/18 & 1777.44 & 1217.26 \\ \hline 8/1/18 & 2012.71 & 1218.19 \\ \hline 9/1/18 & 2003.00 & 1193.47 \\ \hline 10/1/18 & 1598.01 & 1076.77 \\ \hline 11/1/18 & 1690.17 & 1094.43 \\ \hline 12/1/18 & 1501.97 & 1035.61 \\ \hline 1/1/19 & 1718.73 & 1116.37 \\ \hline 2/1/19 & 1639.83 & 1119.92 \\ \hline 3/1/19 & 1780.75 & 1173.31 \\ \hline 4/1/19 & 1847.84 & 1337.02 \\ \hline 5/1/19 & 1926.52 & 1188.48 \\ \hline 6/1/19 & 1893.63 & 1080.91 \\ \hline 7/1/19 & 1866.78 & 1216.68 \\ \hline \hline 1776.29 & 1188.10 \\ \hline \hline 1735.91 & 1219.00 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Leading The Digital Workforce Internal Audit And IT Audit

Authors: Jeffrey W. Brown

1st Edition

1032323736, 978-1032323732

More Books

Students also viewed these Accounting questions

Question

Presentations Approaches to Conveying Information

Answered: 1 week ago