Question

Use the data below to construct the advance/decline line for the stock market. Volume figures are in thousands of shares. (Input all amounts as positive values. Do not round intermediate calculations. Round your answers to the nearest whole number.)

	Stocks Advancing	Advancing Volume	Stocks Declining	Declining Volume
Monday	1,580	690,503	1,300	544,997
Tuesday	2,018	903,360	1,318	442,665
Wednesday	1,586	623,494	1,308	719,695
Thursday	2,496	1,102,338	538	173,106
Friday	1,544	509,034	1,460	498,460

	Adv. / Dec.	Cumulative
Monday
Tuesday
Wednesday
Thursday
Friday

Answer 1

	Adv. / Dec.	Cumulative
Monday	280	280
Tuesday	700	980
Wednesday	278	1,258
Thursday	1,958	3,216
Friday	84	3,300

Calculation

For Monday

Adv. / Dec = 280 [1,580 – 1,300]

Cumulative = 280

For Tuesday

Adv. / Dec = 700 [2018 – 1318]

Cumulative = 980 [280 + 700]

For Wednesday

Adv. / Dec = 278 [1586 – 1308]

Cumulative = 1258 [980 + 278]

For Thursday

Adv. / Dec = 1958 [2496 – 538]

Cumulative = 3216 [1258 + 1958]

For Friday

Adv. / Dec = 84 [1544 – 1460]

Cumulative = 3300 [3216 + 84]