A bear market can be revealed by tracking ________, which is a summary of overall price trends
A) the Dow Jones Industrial Average
B) market indexes
C) the value of blue-chip stocks
D) technology-based economies
E) exchange-traded funds
Answer: B
Explanation: B) Although not indicative of the status of individual securities, market indexes provide useful summaries of overall price trends, both in specific industries and in the stock market as a whole. Market indexes, for example, reveal bull and bear market trends.
You might also like to view...
Powell Company owns an 80% interest in Sauter, Inc On January 1, 2016, Sauter issued $400,000 of 10-year, 12% bonds at a premium of $50,000
On December 31, 2021, 5 years after original issuance, Powell purchased all of the outstanding bonds for $390,000 . Both firms use the straight-line method of amortization. What is the gain on retirement on the 2021 consolidated income statement? a. $12,500 b. $22,500 c. $10,000 d. $35,000
A 15% stock dividend will increase the number of shares outstanding but the book value per share will decrease
a. True b. False Indicate whether the statement is true or false