Consider a value-weighted market index that includes the two companies shown in the table. What is the percentage change in the index from Day 1 to Day 2?

Company 1 Company 1 Company 2 Company 2
Day Price # of Shares Price # of Shares
1 $7.00 400 $10.00 1,500
2 $7.24 400 $10.53 1,500

A) 4.00%
B) 4.25%
C) 4.50%
D) 4.75%
E) 5.00%

E

Business

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Franchises and chains often use prototype stores as a means of maintaining a consistent image

Indicate whether the statement is true or false

Business

Which of the following is a key difference between collaborative teams and cooperative teams?

A) Cooperative teams work to accomplish a specific task, whereas collaborative teams need not have a collective purpose. B) People work together in collaborative teams, whereas each member works independently in cooperative teams. C) Collaborative teams reduce the amount of time required to finish a task, whereas cooperative teams require more time. D) Cooperative teams achieve their objectives via communication and iteration, whereas collaborative teams achieve by working alone.

Business