Oliver is a day trader who tries to earn fast profits by making many trades in a short amount of time. What investment strategy does Oliver follow?
A) value investing
B) market timing
C) investing for growth
D) buying and holding
E) investing for income
Answer: B
Explanation: B) Market timing consists of trying to make a fast profit by buying a stock at a low price and selling it at a high price within a short time.
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In U.S. GAAP, which of the following accurately describe(s) the effects of transactions involving investments on the statement of cash flows?
a. If investor acquired the debt at a price below par, then cash flow from operations includes only the interest coupon received. b. If the holder acquired the debt at a price below par, then cash flow from operations will include the amount of interest revenue for the period, with source of the remainder of the cash received appearing as a [dis-]investing activity, the same as the proceeds of selling an investment. c. When using the indirect method, add back realized holding losses, and subtract realized holding gains included in income for the period to derive cash flow from operations. d. Investor's cash flow from operations increases by only the amount of dividends received. In the indirect method, deduct the investor's share of the undistributed earnings of the investee. e. all of the above
On an open account, the buyer assumes all of the payment risk.
Answer the following statement true (T) or false (F)
On January 1, Year 1, the organizers of the Fredonia Corporation obtained their charter authorizing 400,000 shares of $2 par common stock. Fredonia issued 30,000 shares of $2 par common stock for $8 per share. During Year 1, the corporation earned $820,000 in cash revenue and paid $700,000 in cash expenses, not including income tax. The company declared and paid cash dividends totaling $28,000. Fredonia Corporation is in the 30% tax bracket.Required:Using the above information, prepare an income statement and a balance sheet for the Fredonia Corporation.
What will be an ideal response?
A view is a virtual table that represents an entire set of attributes from one or more tables
Indicate whether the statement is true or false