Given the following information, what is the value of the closing ARMS? $$\begin{array} { c c c c }
\begin{array} { c }
\text { Issues } \
\underline{\text { Advancing }}
\end{array} & \begin{array} { c }
\text { Issues } \
\underline{\text { Declining }}
\end{array} & \begin{array} { c }
\text { Advancing } \
\underline{\text { Volume }}
\end{array} & \begin{array} { c }
\text { Declining } \
\underline{\text { Volume }}
\end{array} \
1,413 &1,984& 628,417,080& 1,218,413,050
\end{array}$$

Question

Given the following information, what is the value of the closing ARMS? $$\begin{array} { c c c c } 
\begin{array} { c } 
\text { Issues } \
\underline{\text { Advancing }}
\end{array} & \begin{array} { c } 
\text { Issues } \
\underline{\text { Declining }}
\end{array} & \begin{array} { c } 
\text { Advancing } \
\underline{\text { Volume }}
\end{array} & \begin{array} { c } 
\text { Declining } \
\underline{\text { Volume }}
\end{array} \
 1,413 &1,984& 628,417,080& 1,218,413,050
\end{array}$$

Quizplus · Accepted Answer

To calculate the Arms Index: 
1. Calculate the AD line (Advancing Issues - Declining Issues) and AV line (Advancing Volume - Declining Volume)
2. Divide the AD line by the AV line
In this case, AD line = 1,413 - 1,984 = -571
AV line = 628,417,080 / 1,218,413,050 = 0.516
Arms Index = (-571 / 0.516) = -1105.81 (note that the Arms Index is usually expressed as a positive number)
The closing Arms would be 1 / 1105.81 = 0.000904, which is approximately 0.72. Therefore, the answer is D) 1.38.

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