A ________ is an order that specifies a securities trade is to be made only at a certain price or better
A) day order
B) market order
C) limit order
D) GTC order
E) none of the above
Answer: C
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The formula for calculating the cash ratio is calculated is ________.
A. (Cash + Cash equivalents) / Total current liabilities B. (Cash equivalents) / Total current liabilities C. (Cash + Cash equivalents) / Total assets D. (Cash) / Total liabilities
________ is the extent to which research measurement techniques are free of errors
A) Flexibility B) Validity C) Responsiveness D) Reliability E) Representativeness
The Miracle Corporation issues $1,000,000, 10-year, 8% bonds at 96. The journal entry to record the issuance will show a:
A) debit to Discount on Bonds Payable for $40,000. B) debit to Cash of $1,000,000. C) credit to Bonds Payable for $960,000. D) credit to Cash for $960,000.
From the financial statements, we can look at specific performance areas of a company by selecting key pieces of information and analyzing this information ________
A) at a point in time B) over a specific time horizon C) at a point in time or over a specific time horizon D) All of these