Which One of the Following Statements Concerning NASDAQ Is Correct

question 33

Multiple Choice

Which one of the following statements concerning NASDAQ is correct?

• A)The NASDAQ Capital Market has the most stringent listing requirements of any of the NASDAQ companies.
• B)NASDAQ is actually comprised of four separate markets.
• C)Microsoft shares are listed on the NASDAQ Global Market.
• D)NASDAQ has more total dollar volume of trading than does the NYSE.
• E)There are more companies listed on NASDAQ than on NYSE.

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Definitions:

Contribution Format Income Statement

An income statement that separates fixed and variable costs to highlight the contribution margin.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its revenues, indicating the proportion of fixed costs in the company's cost structure.

Contribution Format Income Statement

An income statement format that separates fixed costs from variable costs, thus showing the contribution margin.

Degree of Operating Leverage

A financial ratio that measures the sensitivity of a company's operating income to its sales, indicating how revenue growth translates into growth in operating income.