1. Factors considered in making a decision on a firm's dividend include the

I. cash position of the firm.

II. firm's growth prospects.

III. the expectations of the shareholders.

IV. minimum dividends required by law

2. Which of the following are used as indicators of a strong market in the future?

I. The advance-decline spread is increasing at a time when the advances outnumber the declines.

II. The level of short interest is relatively high.

III. The net different of odd-lot purchases minus odd-lot sales begins increasing.

IV. The trading volume increases in a declining market