3.00 Part 1

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

• cash
• buildings
• inventory
• employee 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.

Which statement is false about Form 8-K?

• Companies are required to file 8K within 15 days of a significant event.
• Companies are required to file 8K for the first three quarters of the fiscal year.
• 8K describes changes in company management, products, acquisitions, or legal actions.
• 8K alerts investors to events that might affect a company's fundamental value.

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 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

Which statement is false about using a buy-and-hold strategy?

• Assets need only passive management.
• There are tax benefits for this method.
• Stocks must be carefully monitored.
• Price fluctuations can be ignored.