To Be Considered Part of a Market, an Individual Must

question 13

Multiple Choice

To be considered part of a market, an individual must

• A) be a registered buyer.
• B) have made a purchase within the past 30 days.
• C) know the names and addresses of two or more sellers.
• D) have both a willingness to buy and the financial resources needed to buy.

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Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) in a balance sheet is represented as a proportion of the total account.

Common Size Analysis

A financial analysis technique that expresses each line item on a financial statement as a percentage of a base amount for easy comparison across periods or companies.

Trend Analysis

The practice of collecting information and attempting to spot a pattern or trend in the data, often used in financial analysis.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.