The Division of ____ of the SEC Requires the Orderly

question 2

Multiple Choice

The Division of ____ of the SEC requires the orderly disclosure of securities trades by various organizations that facilitate the trading of securities.

• A)Corporation Finance
• B)Enforcement
• C)Administration
• D)Trading and Markets

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Definitions:

Times Interest Earned

A financial metric indicating how well a company can cover its debt payments, by comparing its earnings before interest and taxes against its interest expenses.

Income Before Taxes

A company’s total earnings or profit before income tax expense has been deducted.

Interest Expense

The charges an entity must pay for the use of borrowed capital over a period.

Lease Liability

An obligation representing the present value of future lease payments that a lessee is committed to making under a lease agreement.