Unit 3 Exam Review

Front

Sophia is preparing the balance sheet for her small business. Which item should she place in the liabilities section? Cash, buildings, inventory, employee wages

Back

employee wages

Front

Isla is researching publicly traded companies for her finance class. She learns that these companies are required to provide: stock research, yearly newsletters, financial statements, business report cards.

Back

financial statements

Front

Michael noticed that the stock price of a company he invested in rises and falls sharply within a 52-week period. This stock is said to be:

Back

volatile

Front

What does the income statement show about the company during this period?

Back

profitability

Front

Ava is learning about the stock market and comes across the term 'ticker symbols'. Which is a true statement about ticker symbols?

Back

They uniquely identify a company.

Front

What does the net change on a stock table indicate?

Back

the day's closing price and the previous day's price.

Front

Which statement is false about Form 8-K?
Companies are required to file it within 15 days of a significant event.
Companies are required to file it for the first three quarters of the fiscal year.
The form describes changes in company management, products, acquisitions, or legal actions.
The form is important because it alerts investors to events that might affect a company's fundamental value.

Back

Companies are required to file it for the first three quarters of the fiscal year.

Front

Ava is reviewing documents for her finance class. Which document is different from a standard financial statement? balance sheet, income statement, cash flow statement

Back

shareholder sheet

Front

Elijah is learning about stock markets and is reviewing a stock table. Which information is he unable to obtain from the stock table? Options: the daily volume, the yearly price range of stock, whether the stock price is up or down, breaking news affecting the company that day

Back

breaking news affecting the company that day

Front

Olivia is considering investing in a new business venture. Which is an important business factor she should consider when making her decision? time horizon, risk tolerance, minimization of taxes, comparison to competition

Back

comparison to competition