If the Closing Tick of the Day Is +32, This

question 82

Multiple Choice

If the closing tick of the day is +32, this means that the:

• A)DJIA ended the day up 32 basis points.
• B)discount rate at the end of the day was 3.20 percent.
• C)number of stocks closing on an uptick was 32.
• D)number of stocks closing on an uptick exceeded those closing on a downtick by 32.
• E)number of stocks closing on an uptick was 32 more than on the prior trading day.

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Definitions:

Subsidiaries

Companies that are controlled by another company, known as the parent company, through ownership of more than half of the voting stock or through other mechanisms of control.

Net Assets

The total assets of a company minus its total liabilities, representing the owners' equity in the company.

Business Combination

Represents a transaction or event where an acquirer obtains control of one or more businesses.

Journal Entry

A record in bookkeeping that logs the debit and credit aspects of a financial transaction.