FP Unit 3 3.01

Which item should be placed in the liabilities section on a company balance sheet?

• Cash

• buildings

• Inventory

• Emplyee WAges

Publicly traded companies are required to provide:

• stock research

• yearly newsletters

• financial statements

• business report cards

If a stock price rises and falls sharply within a 52-week period, it is said to be:

• healthy

• solid

• stable

• volatile

On a stock table, net change shows

the difference between:

• the highest and lowest prices for the day

• 
  

  the highest and lowest prices for

  the year.

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

• last year's average price and

  this year's average price.

What does an income statement show about a company over a period of time?

• equity

• liabilities

• profitability

• reliability

Which is a true statement about

ticker symbols?

• They are only given to companies

  on the New York Stock Exchange.

• They are made up of the first three letters of a company's name

• They uniquely identify a company

• .

  They identify the kind of stock.

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.

Which information is a person unable

to obtain from a stock table?

• the daily volume

• the yearly price range of the stock

• whether the stock price is up or down

• breaking news affecting the company that day

Which document is different from a standard

financial statement?

• balance sheet

• shareholder sheet

• income statement

• cash flow statement