page 3 13. Which of the following is true about an investment bank? a. It provides a corporation with checking accounts and short-term loans b. It assists a company is issuing new securities. c. It is a financial institution which sells industry average ratios to analysts d. It is a type of organized (physical location) market 14. A business' accruals are located on which of the following statements? a. Statement of Stockholders' Equity b. Income Statement C. Statement of Cash Flows d. Balance Sheet 15. Which of the following is a source of industry average ratios classified by the size of the companies? a. RMA b. DuPont c. Dun and Bradstreet d. Wall Street Joumal 16. An example of an over-the-counter market is a. NASDAQ b. Ameritrade c. the New York Stock Exchange d. eTrade Part 2: Problems and Questions A. Answer each question in the space provided. B. Partial credit is awarded only for the work shown 1. What is the difference between a primary market and a secondary market? (6 points)