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True or false 21.) The NYSE is defined as a primary market because it is one of the largest and most important stock markets in

True or false

21.) The NYSE is defined as a primary market because it is one of the largest and most important stock markets in the world.

22.)The _____ ratio indicates the percentage of a firm's earnings that are distributed as dividends.

A.

dividend yield

B.

payout

C.

return on earnings

D.

earnings

23.)The __________ ratio, sometimes called the "acid test," is a more stringent measure of __________ than the current ratio.

A.

quick; liquidity

B.

fixed-asset turnover; activity

C.

net profit margin; gross profit margin

D.

equity, activity

24.)What is the present value today of $500 received 6 years from now if the discount rate is 6% compounded annually?

A.

$709.26

B.

$500.00

C.

$352.48

D.

$530.33

25.)What is the most important thing to a financial analyst?

Maximize Shareholder Wealth

Cash Flow

Cash Flow, Cash Flow, Cash Flow

Risk

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