A Resistant Level Is the Range of Prices at Which

question 15

Multiple Choice

A resistant level is the range of prices at which the technician expects an __________ in the supply of shares such that any price will be ____________.

• A) increase, increased
• B) expansion, justified
• C) decrease, decreased
• D) increase, reversed

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Definitions:

Default Risk

The possibility that a borrower will be unable to make the required payments on their debt obligations.

Days Payable Outstanding

A financial ratio that measures the average number of days a company takes to pay its suppliers; an indicator of how efficiently a company manages its payables.

Cash Receipts

The collection of money, including coins, currency, checks, and electronic transfers, received by a business or organization.

Default Risk

The possibility that a debtor will fail to fulfill their financial liabilities as agreed upon.