When Are Publicly Owned Companies Required to File a Form

question 33

Multiple Choice

When are publicly owned companies required to file a Form 10Q with the SEC?

• A) Within 10 to 15 days (depending on the company size) after the end of each of the first three quarters of the fiscal year
• B) Within 30 to 45 days (depending on the company size) after the end of each of the first three quarters of the fiscal year
• C) Within 40 to 45 days (depending on the company size) after the end of each of the first three quarters of the fiscal year
• D) Within 45 to 60 days (depending on the company size) after the end of each of the first three quarters of the fiscal year

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Definitions:

Effective Interest Method

A method of calculating the amortized cost of a bond and the amount of interest expense over time by applying a constant interest rate to the carrying amount of the bond.

Interest Expense

The cost incurred by an entity for borrowed funds, often expressed as an annual percentage rate.

Times Interest Earned Ratio

A financial ratio that measures a company's ability to meet its debt obligations by comparing its interest expense with its earnings before interest and taxes.

Income Statement

A financial statement that reports a company's revenues, expenses, and net income or loss over a specific period.