On a Particular Day,there Were 920 Stocks Which Advanced on the TSX

question 5

Multiple Choice

On a particular day,there were 920 stocks which advanced on the TSX and 723 which declined.The volume in advancing issues was 80,846,000 and the volume in declining issues was 70,397,000.The common measure of market breadth is __________.

• A) -10,449,000
• B) -197
• C) 197
• D) 10,449,000

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Definitions:

Debit

An accounting entry that increases asset or expense accounts, or decreases liability, equity, or revenue accounts.

Credit

The provision of resources, such as money, goods, or services, with the expectation of future repayment, often with interest.

Predetermined Overhead

An estimated overhead cost rate used to allocate overhead costs to products or services based on a planned activity level.

Direct Labour Cost

This refers to the total earnings (wages, salaries, benefits) paid to employees directly involved in the production of goods or services.