Question

The following table contains data on market advances and declines. Market Advances and Declines Day Advances...

The following table contains data on market advances and declines.

Market Advances and Declines
Day Advances
(in millions)
Declines
(in millions)
1 926 714
2 709 1,053
3 731 809
4 513 988
5 517 1,100
6 975 712
7 1,025 613
8 923 747
9 870 746
10 786 786


a. Calculate cumulative breadth. (Enter your answers in millions. Negative amounts should be indicated by a minus sign.)


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Answer #1

Requirement (a)- Cumulative Breadth.

Day

Advances (a)

(in millions)

Declines (b)

(in millions)

Net Advances (c) = (a) – (b)

(in millions)

Cumulative

Breadth

(in millions)

1

926

714

212

212

2

709

1,053

-344

-132

3

731

809

-78

-210

4

513

988

-475

-685

5

517

1,100

-583

-1,268

6

975

712

263

-1,005

7

1,025

613

412

-593

8

923

747

176

-417

9

870

746

124

-293

10

786

786

0

-293

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