Wguc214 - Study guides, Class notes & Summaries

Trading on the NYSE is executed without a specialist (i.e. a market maker). True or False? - False Stocks and bonds are two types of financial instruments (T/F) - True The matching principle in accrual accounting requires that: - Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. A basic equation for the balance sheet is: - Equity = Assets - Liabilities Why is the Balance Sheet known as a permanent statement? - Because the other stat...

Trading on the NYSE is executed without a specialist (i.e. a market maker). (T/F) - False Stocks and bonds are two types of financial instruments (T/F) - True The matching principle in accrual accounting requires that: - Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. A basic equation for the balance sheet is: - Equity = Assets - Liabilities Why is the Balance Sheet known as a permanent statement? - Because the other statements ar...

Trading on the NYSE is executed without a specialist (i.e. a market maker). True or False? - False Stocks and bonds are two types of financial instruments (T/F) - True The matching principle in accrual accounting requires that: - Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. A basic equation for the balance sheet is: - Equity = Assets - Liabilities Why is the Balance Sheet known as a permanent statement? - Because the other statemen...

1. The stock price of a company increases and the market is deemed efficient. What assumption can be made? A. A new, patented, product was introduced to the market. B. New machinery was purchased with a useful life of 20 years. C. Management is optimizing its resources and operating efficiently. D. Management hired new employees and invested in a training program. 2. Which statement is true about how the global market affects the U.S. A. A bad options trade executed by a foreign subsidiary...

C214 WGU EXAM TEST 2023/2024 Pt - CORRECT ANSWER-is the sold price Pt-1 - CORRECT ANSWER-is the bought price CFt - CORRECT ANSWER-is the cash flow (coupons for bonds; dividends for stocks). Dollar Returns - CORRECT ANSWER-= Pt - Pt-1 + CFt Cash Flow from Investing (CFI) - CORRECT ANSWER-= Change in Net PP&E + Depreciation Expense Net PP&E - CORRECT ANSWER-= Gross PP&E - Accumulated Depreciation With the assumption of no asset disposals, CFI will be equal to - CORRECT ANSWER1) change in...

1. What does the Foreign Corrupt Practices Act forbid U.S. companies to do - Prohibits U.S. firms and individuals from paying bribes to foreign officials to further business deals. 2. What are two basic types of financial instruments - Stocks and Bonds 3. What are secondary markets - Secondary financial markets are where securities are traded after the initial offering. 4. What do cash flows from operating activities report - Operating - day to day operations 5. What does the statement o...

1. The stock price of a company increases and the market is deemed efficient. What assumption can be made? /////A. A new, patented, product was introduced to the market. ////// 2. Which statement is true about how the global market affects the U.S. //////////D. Foreign investors and fund managers make decisions based on financial reporting standards developed and financial statements audited overseas.///////// 3. What are secondary markets? //////A. Markets where securities are traded sub...

WGU C214 OA Financial Management. What is included in the Income Statement and NOT in the Statement of Cash Flows? - Depreciation Expense Computation of Net Income: A co. sold products in 2014 for $120k and collected $100k cash and remainder in 2015. Co. incurred $70k expenses for 2014 and paid $100k which included $30k for expenses incurred in 2013. What is net income for 2014? - Computation of Net Income (R-E=NI) $50,000 Net Income = $120k - $70k = $50k, or Revenues - Expenses Incurre...

Stocks and bonds are two types of financial instruments (T/F) - Answer True The matching principle in accrual accounting requires that: a. Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large enough to match expenses - Answer a A high-quality customer just purchased $500,000 worth of pro...

Banking or Financial Institutions - Answer make money by paying depositors a smaller interest rate than the interest rate charged to borrowers Treasury Securities - Answer generally bonds that are issued by the US government Corporate Bonds - Answer firms borrowing from the public Stocks - Answer a share of ownership in a company Primary financial markets - Answer markets where securities are first issued Syndicate - Answer a group that is temporarily formed to handle a bond or stock issu...