ABA-Certified Trust and Financial Advisor Set 15

Starter ✘ Floor ✘ Ceiling ✘ Simulator ✔

Demand ✘ Supply ✘ Volume ✘ Price ✔

Savings account ✘ System account ✘ Personal account ✘ Cash account ✔

Net Profit/Net Sales ✘ Net income/Net Sales ✘ Operating income/Net Sales ✘ Operating income/credit sales ✔

Stock splits ✘ Bonus shares ✘ Right shares ✘ All of the following ✔

Many investors want to buy at this price ✘ Market makers resist moving prices lower than this price ✘ Many investors want to sell at this price ✘ Market makers support prices at this level ✔

Liquidity and profitability ✘ Liquidity and leverage ✘ Profitability and activity ✘ Profitability and leverage ✔

It is the price at which a broker is willing to sell a certain security ✘ It is the price at which a broker is willing to buy a certain security ✘ It is the quoted price in an order to buy shares of a company ✘ It is the rate at which a dealer will buy the base currency ✔

Protecting profits ✘ Minimizing losses ✘ Rapid execution ✘ It is seldom used by investors ✔

This model need infinite stream of dividends ✘ This model has uncertain dividend stream ✘ This model must estimate future dividends ✘ This model requires constant earnings per share ✔