The Financial Industry Regulatory Authority (FINRA):

a. governs the OTC market
b. governs the New York Stock Exchange c. is an independent regulatory authority
d. a, b, and c are correct
e. only a and b are correct


d

Business

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Using the data presented below for Blue Sky Inc.:


a) Create Blue Sky’s income statement and balance sheet using formulas wherever possible. Each statement should be on a separate worksheet. Improve the readability of the data by using the format explained on page 49, so that Excel will display the numbers as if they had been divided by 1,000. Make the appropriate note on the heading of each financial statement.
b) On another worksheet, create a statement of cash flows for 2017. All formulas should be linked directly to the source on previous worksheets.
c) Using Excel’s outlining feature, create an outline on the balance sheet that, when collapsed, shows only the subtotals for each section.

Business

A corporation records a dividend-related liability

a. on the payment date. b. on the record date. c. on the declaration date. d. when the stock sells ex-dividend.

Business

To study changes in ROA, the analyst can disaggregate ROA into the product of two other ratios: the profit margin for ROA ratio and the total assets turnover ratio

Indicate whether the statement is true or false

Business

What may be an obstacle to strategic alliance learning?

a) Strategic intent not communicated b) No insight into partners’ HR strategy c) Staffing dependence on partner d) All of the above

Business