Current Ratio of Less than One means: a. Current Liabilities Less than ( ) Current Assets. The most risky securities traded in financial markets is:

Current Ratio of Less than One means:

a.

Current Liabilities Less than (<) Current Assets

b.

Current Assets Less than (<) Current Liabilities,

c.

Fixed Assets more than (>) Current Assets

d.

Share Capital more than (>) Current Assets.

The most risky securities traded in financial markets is:

a.

Preferred Stocks

b.

Otherwise

c.

Bonds

d.

Common Stocks

In financial statements, according to FASB the long term assets are shown at

a.

Market price

b.

Replacement price

c.

Cost price

d.

Otherwise

In a public shareholding company the following information are available: Current Assets $200,000, long term investment $300,000, property, plant and equipment $900,000, intangible assets $250,000 and total liabilities $500,000. The Tangible Net Worth equals:

a.

$1,150,000

b.

$900,000

c.

$1,000,000

d.

$1,650,000

Liquid (Quick) Assets are:

a.

Cash + Acc. Rec + Inventories

b.

Cash + Marketable Securities + Acc. Rec

c.

Cash + Treasury bills + prepaid expenses

d.

Cash + Marketable Securities + Inventories

Over The Counter (OTC) financial markets are:

a.

Stock markets

b.

Regulated markets.

c.

Bond markets

d.

Unregulated markets