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17 Cards in this Set

  • Front
  • Back
Net Working Capital
NWC= Total Current Assets - Total Current Liabilities
Current Ratio
CR= Tot Current Assets/Tot Current Liabilities
Quick Asset Ratio
QAR= (Tot Curr Assets - Inventory)/Tot Curr Liabilities
Cash Flow
CF= Net Income/Loss + Annual Depreciation/Depletion
Bond Ratio
BR= Par Val of Bonds/Tot Long-Term Capital
Debt-to-Equity Ratio
=(Bonds + Preferred Stock)/(Common Stock at Par + Capital Surplus + Retained Earnings)
Book Value Per Common
= [Total Assets - (Intangibles + Tot Liabil + Preferred Stock)]/# of outstanding shares
P/E Ratio
= Price/Earnings
Dividend Payout Ratio
= Annual Div Paid on Common/EPS
Current Yield
= Annual Div per Common/ Current market price
Acid Test Ratio
= (Tot Assets + cash + cash equivalents + accounts and notes recievables)/Tot Current Liabil. Also known as the Quick Asset Ratio
When is the exact moment that a person becomes subject to the NASD rules and diciplinary actions?
When you submit an application to work for a member firm
If someone makes a donation to a charity what can they deduct on their taxes?
They can deduct the market value of the security at the time it was donated, but only if the security was held for a period of 1 year or more. Otherwise you must use your original basis.
What is the one constant in FOREX options?
The contract size.
If a stock on the OEX index declares a 2 for 1 stock dividend what is the effect on the OEX options? effect
What do these footnotes in the WSJ refer to in the Mutual Fund section.... p, r, t, x ?
p- indicates 12b-1 fees
r- indicates redemption charges
t- indicates both p & r
x- ex-dividend
If a customer has an open account with nothing in it how often does the firm have to send the customer a statement?
the don't