The sell signal is triggered when the price breaks downwards through the neckline heading down from the right shoulder.
<h3>What is
sell signal?</h3>
A sell signal is any indication that a trader should sell an asset. Fundamental or technical analysis is generally used to generate sell signals. Sell signals can be automatic, as with a stop-loss order, or they can simply notify the trader to sell and they must then execute the sell order manually.
The term "strong sell" refers to equities that a sell-side analyst predicts will drastically underperform the general market in the near term. A strong sell rating is a pessimistic recommendation for a stock that the analyst believes investors should avoid in their portfolio.
MACD provides four signals at its most basic level: When the MACD line crosses above the zero line, it indicates a positive trend.
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Answer:
a. credit to Cash for $63,316.
Explanation:
Given;
Pension contribution by GL Inc. percentage = 11%
Salaries for the period = $575,600
Amount to be contributed = 11% × $575,600
= $ 63,316.00
To account for this, the required journal would be
Debit Pension Expense $ 63,316.00
Credit Cash account $ 63,316.00
The right option is a. credit to Cash for $63,316.
Answer:
Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.
Explanation:
Closing Entries
a. Accounts Payable: No it is not closed to income summary account.
b. Advertising Expense: Yes it is closed to income summary account.
c. Cost of Merchandise Sold: Yes it is closed to income summary account.
d. Dividends : No these are closed To Retained Earnings Accounts.
e. Merchandise Inventory : Yes it is closed to income summary account
f. Sales Yes it is closed to income summary account
g. Supplies: No prepaid supplies are an asset account and it is included balance sheet.
h. Supplies Expense: Yes it is closed to income summary account
i. Wages Payable: Not closed in the income summary account.
These are liabilities and included in the balance sheet.
Answer:
False
Explanation:
The slope of the budget line is the ratio of the prices of that bundle of goods. It represents the price at which a consumer would be willing to substitute one good for the other in the same bundle of goods.
I hope my answer helps you
