The Most Likely Users of Plain Vanilla Swaps Would Be

question 11

Multiple Choice

The most likely users of plain vanilla swaps would be

• A)commercial banks that focus on short-term consumer loans.
• B)savings institutions.
• C)manufacturing companies.
• D)municipal governments.

Understand transactions that affect stockholders' equity and their impact.

Prepare and interpret an income statement.

Understand the accounting equation and how specific transactions affect it.

Prepare and understand the balance sheet.