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Ralph is constructing a value-weighted index. On March 1, 2022, he has the following stocks in the index; Company Share price # shares outstanding Apple
Ralph is constructing a value-weighted index. On March 1, 2022, he has the following stocks in the index; Company Share price # shares outstanding Apple $10 10,000 Beefo $22 20,000 Catto $15 16,000 Doggie $40 6,000 What is the value-weighted index on March 1, 2022? 440,000 255,000 240,000 100,000
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
