1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Ames, Inc., has $1 million of notes payable due June 15, Year 2. At the financial statement date of December 31, Year 1, Ames si
Delvig [45]

Answer: B. $40,000, $960,000

Explanation:

The long term obligation will be 80% of the collateral value which will be:

= 80% × $1.2 million

= 0.8 × $1,200,000

= $960,000.

Therefore, the short term obligation will be:

= $1,000,000 - $960,000

= $40,000

7 0
3 years ago
You want to buy a puppy. One of the kids at school has a dog that just had a litter of puppies. You ask her if you can get one o
VikaD [51]

Answer: The answer is Yes. This is because you have a choice to accept or decline.

8 0
3 years ago
"Investment X offers to pay you $5,800 per year for 9 years, whereas Investment Y offers to pay you $8,600 per year for 5 years.
Butoxors [25]

Answer:

Present value of investment X = $41,225.37

Present value of investment Y = $37,233.50

Explanation:

The present value of the cash flows can be found by discounting the cash flows at the discount rate.

This can be found using a financial calculator

Cash flow each year from year 1 to 9 for investment X = $5,800 

Discount rate = 5%

Present value = $41,225.37

Cash flow each year from year one to year 5 for investment Y = $8,600 

Discount rate = 5%

Present value = $37,233.50

I hope my answer helps you

5 0
4 years ago
Due to budget restrictions, a business school could afford to hire only one new faculty member for the next academic year. Howev
kakasveta [241]

The correct answer would be, Compromise.

After a lengthy discussion, it was decided that the budget would be hired for the next year. In this situation, Compromise strategy of conflict management is used.  

Explanation:

In simple words, Conflict Management is the management of Conflict between two parties, or between two issues. In this process, the negative aspects of the issue are lowered while positive aspects are being highlighted.

Compromise is that strategy of Conflict Management in which a settlement is made below the desired standards in order to resolve the conflict.

So when temporary faculty is hired in the school instead of the need of permanent faculty, due to the shortage of budget, Compromise Strategy of Conflict Management is being used.

Learn more about Conflict Management at:

brainly.com/question/12441613

#LearnWithBrainly

3 0
4 years ago
Scott Corp. received cash of $20,000 that was included in revenues in its Year 1 financial statements, of which $12,000 will not
Oliga [24]

Answer:

3,000

Explanation:

As the income will be taxed at 25% the income tax liability will be for that amount

12,000 x 25% = 3,000

The tax deferred liability is generated from a temporary difference. The company is paying less income tax today but will pay more in the future. Hence there is a liability.

The accounting reason for this treatment is to match expenses with the time they occur or the revenues which generated.

6 0
3 years ago
Other questions:
  • Hello! can you pls help me with this question?
    6·1 answer
  • Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery ba
    8·1 answer
  • Patty Leave owned an apartment house for ten years. Depreciation was taken on a straight-line basis. When Patty's adjusted basis
    7·1 answer
  • P&G introduced its Duncan Hines ready-to-spread frosting in a small geographic area. When General Foods became aware of the
    6·1 answer
  • This is what it said when I tried to put a lenny face as a question: Don't use such phrases here, not cool! It hurts our feeling
    7·2 answers
  • The Boat Works decided to go public by offering a total of 135,000 shares of common stock to the public. The company hired an un
    8·1 answer
  • Tambe Electric Inc. entered into a written agreement with Home Depot to provide copper wire to Tambe at a price set forth in the
    9·1 answer
  • Mr. Decker invested $20,000 in cash in his business.<br> How does the company record the investment?
    11·1 answer
  • Spring Airlines is a small budget airline that is based in China. The company has a strict rule against passengers bringing any
    12·1 answer
  • Marian moved from her spacious office, to one that was much less desirable. Although she was not happy about this, she didn't co
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!