What complicates financial information is ________________, overly complex statistics and formulas.
- investment
- characteristics
- jargon
- corporations
_________________ will vary somewhat from industry to industry, so a dictionary will help.
- Finance
- Circumstances
- Consequences
- Terminology
_________________ are what a company uses to operate its business.
- Competitors
- Liabilities
- Assets
- Auditors
The main way one analyzes a balance sheet is by calculating a number of financial ____________.
- problems
- ratios
- liabilities
- expenses
To have a positive cash flow, the company's periodic cash inflows must ______________________.
- regularly exceed its periodic cash outflows
- get the money in the middle of June
- force a company into insolvency
- be made either physically or electronically
The financial statement that acts as a kind of ‘corporate checkbook’ is the ____________________.
- balance sheet
- cash transaction
- income statement
- cash flow statement
Footnotes are the _________________________________.
- company’s operational performance
- fine print for financial statements
- practices and reporting policies
- company's true financial performance
Usually, in footnote disclosures the second sentence explains what the rule does and the last ________.
- presents expectations of the impact
- discloses all new accounting rules
- gets bogged down in jargon and details
- may be reported in many places
‘IPO’ stands for ______________________________.
- Internal Policy Office
- International Payment Organization
- Initial Public Offering
- Inter-Personal Opportunities
When reading a prospectus investors should determine whether ________________________.
- advertising and promotion is sincere
- the projections are realistic
- the actual outcomes are uncertain
- it is likely to be found in other prospectuses