Given the following information, what is the value of the closing ARMS?

$$\begin{array} { c c c c }
\begin{array} { c }
\text { Issues } \
\underline{\text { Advancing }}
\end{array} & \begin{array} { c }
\text { Issues } \
\underline{\text { Declining }}
\end{array} & \begin{array} { c }
\text { Advancing } \
\underline{\text { Volume }}
\end{array} & \begin{array} { c }
\text { Declining } \
\underline{\text { Volume} }
\end{array} \
1,948 &1,602& 947,628,820& 721,067,030
\end{array}$$

Question

Given the following information, what is the value of the closing ARMS?

$$\begin{array} { c c c c } 
\begin{array} { c } 
\text { Issues } \
\underline{\text { Advancing }}
\end{array} & \begin{array} { c } 
\text { Issues } \
\underline{\text { Declining }}
\end{array} & \begin{array} { c } 
\text { Advancing } \
\underline{\text { Volume }}
\end{array} & \begin{array} { c } 
\text { Declining } \
\underline{\text { Volume} }
\end{array} \
1,948 &1,602& 947,628,820& 721,067,030
\end{array}$$

Quizplus · Accepted Answer

The Arms Index (TRIN) is calculated using the following formula:
(TRIN)= (Number of advancing issues / Declining issues) / (Advancing volume / Declining volume)
Therefore, in this case, the TRIN would be:
(TRIN)= (1948/1602) / (947,628,820/721,067,030) = 0.929
Since the TRIN is rounded to two decimal places, the value of the closing ARMS would be 0.93. Therefore, the best choice is C.

Given the Following Information, What Is the Value of the Closing