Required: Use the information in the table below to calculate the trin ratio for October 1 and February 1. State whether each ratio represents a bullish or a bearish outlook. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Advances Declines Volume advancing Volume declining October 1 8,511 4,374 2,741,828 1,930,742 February 1 8,935 10,911 3,618,246 900,622
Required: Use the information in the table below to calculate the trin ratio for October 1 and February 1. State whether each ratio represents a bullish or a bearish outlook. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Advances Declines Volume advancing Volume declining October 1 8,511 4,374 2,741,828 1,930,742 February 1 8,935 10,911 3,618,246 900,622
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter5: Sales And Receivables
Section: Chapter Questions
Problem 77E: Ratio Analysis The following information was taken from Logsden Manufacturings trial balances as of...
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Required: Use the information in the table below to calculate the trin ratio for October 1 and February 1. State whether each ratio represents a bullish or a bearish outlook. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Advances Declines Volume advancing Volume declining Trin ratio for October 1 Trin ratio for February 1 2 October 1 8,511 4,374 2,741,828 1,930,742 February 1 8,935 10,911 3,618,246 900,622
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