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

question 61

Multiple Choice

On a particular day,there were 920 stocks which advanced on the NYSE and 723 which declined.The volume in advancing issues was 80,846,000 and the volume in declining issues was 70,397,000.The trin ratio is __________ and technical analysts are likely to be __________.

• A) 0.90, bullish
• B) 0.90, bearish
• C) 1.11, bullish
• D) 1.11, bearish

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Definitions:

UCC Balance

The outstanding balance on a loan or financing arrangement under the Uniform Commercial Code, often related to personal property loans.

Tax Deductible

Expenses that can be subtracted from gross income to reduce the taxable income, thus lowering the overall tax liability.

Capital Cost Allowance (CCA)

A tax deduction in Canada that represents a business's investment in depreciable properties, allowing for the asset's cost to be written off over its useful life.

Taxable Income

The amount of an individual's or a corporation's income used to determine how much tax is owed to the government in a given tax year.