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grin007 [14]
3 years ago
12

On a given trading day, 700 stocks advanced and 1,200 stocks declined. The volume of declining stocks was 280 million while the

volume of advancing stocks was 530 million. What is the TRIN value for the day?A) 0.31B) 0.91C) 1.10D) 3.24
Business
1 answer:
morpeh [17]3 years ago
3 0

Answer:

The correct option is (A)

Explanation:

Given:

Advancing stocks = 700

Declining stocks = 1,200

Advancing ratio = Advancing stock ÷ Declining stock

                          = 700 ÷ 1,200

                          = 0.583

Advancing stock volume = 530 million

Declining stock volume = 280 million

Advancing volume = Advancing stock volume ÷ Declining stock volume

                                = 530 million ÷ 280 million

                                 = 1.893

Computation of TRIN:

TRIN = Advancing ratio ÷ Advancing volume

         = 0.583 ÷ 1.893

         = 0.307 or 0.31

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Answer:

D. the price level is likely to rise as GDP rises.

Explanation:

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When the aggregate demand increases, the aggregate demand curve shifts to the right. When aggregate demand increases, aggregate demand exceeds aggregate supply and aggregate price and output would increase.

7 0
2 years ago
The dean of a highly reputed business school has decided to pursue a coveted accreditation for the college. To get the faculty's
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Consultation.

Explanation:

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6 0
3 years ago
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6 0
3 years ago
A food manufacturer reports the following for two of its divisions for a recent year.
hram777 [196]

Answer:

1. 13.8% and 14.6%

2. 13.6% and 16.5%

3. 1.01 times and 0.88 times

Explanation:

The computations are shown below:

1. Return on investment = Operating Income ÷ Average invested Assets

where, average invested assets would be

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division, it would be

= $366 ÷ {($2,696 + $2,610) ÷ 2}

= $366 ÷ $2,653

= 13.8%

For Cheese Division, it would be

= $651 ÷ {($4,489 + $4,417) ÷ 2}

= $651 ÷ $4,453

= 14.6%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division, it would be

= ($366 ÷ $2,698) × 100

= 13.6%

For Cheese Division, it would be

= ($651 ÷ $3,942) × 100

= 16.5%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division, it would be

= $2,698 ÷ {($2,696 + $2,610) ÷ 2}

= $2,698 ÷ $2,653

= 1.01 times

For Cheese Division, it would be

= $3,942 ÷ {($4,489 + $4,417) ÷ 2}

= $3,942 ÷ $4,453

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7 0
2 years ago
An anticipated purchase of equipment for $1,000,000, with a useful life of eight years and no residual value, is expected to yie
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Answer:

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The average rate of return method includes the entire amount of the income earned over the life of the proposal.

a. rate of return on investments

b. may be reconsidered if funds later become available.

Explanation:

Cash payback period measures how long it takes to recover the amount invested in a project from the cumulative cash flow.

Amount invested = $-1,000,000

Amount recovered in year 1 = $-1,000,000 + $400,000 = $-600,000

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Amount recovered in year 3 = $-280,000 + 280,000 = 0

The amount invested is recovered In the 3 year

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Net present value is the present value of after tax cash flows from an investment less the amount invested. The interest rate used is the rate of return on investments.

The hurdle rate is the least acceptable rate that a project can have for it to be acceptable.

I hope my answer helps you

8 0
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