Under SEC Rules, a "Publicly Held Company" Is a Company

question 165

Multiple Choice

Under SEC rules, a "publicly held company" is a company:

• A) with all its securities held by public, not private, investors
• B) that has issued securities that are publicly traded
• C) that is owned by the New York Stock Exchange
• D) with financial assets belonging only to public institutions
• E) that only sold its securities initially to public, as opposed to private, investors

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Definitions:

Break Even

Break even refers to the point at which total revenues equal total costs, meaning that a business or project is neither losing nor making money.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or business activity.

Marginal Costs

The additional cost incurred from producing one more unit of a good or service.

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain for a business.