1. a. An) is a standardized agreement to deliver or receive a specified amount of commodity at a specified price and date. b. A contract is for a standardized number of units of a good to be delivered at a specific date. c. Companies involved in international trade can by currency futures. d. A grants the owner the right to purchase a specified security at a specified price within as specified period of time e. A call option is in the money' when f. A put option is out of the money' when g. The ratio of current assets to current liabilities is known as h. Ratios that measure how effectively a firm uses it assets are called i, Using debt to finance a business entity is known as j. A liability which is expected to be paid within a year is k. The equity multiplier ratio is obtained by 1. European options can be exercised m. American options can be exercised n. Financial markets can be classified as either of a security takes place in the p. The Ghana Stock Exchange is an example of a is a series of equal payments made at the end of each period. is a series of equal payments made at the beginning of each period. r. The two types of debt markets are and s. A debt instrument which promises regular interest payments and a specified principal payment at a date is called t. The price of a bond is equal to the of the to the holder of the bond or o. The 4. An An 1