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True/False (True=A, False-B) 1. Market value ratios provide management with an indication of how investors view the firm's past performance and especially its future prospects.

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True/False (True=A, False-B) 1. Market value ratios provide management with an indication of how investors view the firm's past performance and especially its future prospects. T 2. An odd lot is defined as purchase or sale of less than 100 shares of a stock. 3. A bid is an asking (selling) price of a specialist or a market maker. 4. A Mutual Fund is an example of a buy side firm. 5. Commercial banks are depository institutions. 6. Financial institutions are more diversified today than they were in the past, when federal laws kept investment banks, commercial banks, insurance companies, and similar organizations quite separate. Today the larger financial services corporations offer a variety of services, ranging from checking accounts, to insurance, to underwriting securities, to stock brokerage 7. Inventory turnover is a liquidity ratio. 8. An increase in account receivables will increase a company's current ratio. 9. A high current ratio always means that a company is efficiently utilizing its current assets

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