Which One of the Following Statements Is Correct Concerning Large-Denomination

question 66

Multiple Choice

Which one of the following statements is correct concerning large-denomination certificates of deposit?

• A)The security can be sold to another investor.
• B)The face amount is equal to $10,000 or more.
• C)The security is a bank time deposit.
• D)The security is a form of a commercial check.
• E)The security is issued by the U.S. Treasury.

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Definitions:

Return on Equity Ratio

A financial ratio that measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.

Financial Statements

Formal records of the financial activities and condition of a business, entity, or individual, including balance sheet, income statement, and cash flow statement.

ROA

Return on Assets, a financial ratio that indicates how profitable a company is relative to its total assets, measuring how efficient management is in using assets to generate earnings.

Debt/Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.