When Reading the Futures Quotation in the Financial Section of the Newspaper

question 17

Multiple Choice

When reading the futures quotation in the financial section of the newspaper, the column heading indicating the number of contracts outstanding is called ________.

• A) contracts outstanding
• B) settle
• C) open interest
• D) short positions

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption or loss of value over time.

Indirect Method

A cash flow statement approach that adjusts net income for non-cash transactions and changes in working capital to calculate cash flow from operations.

Operating Activities Section

Part of a cash flow statement that shows the cash generated or used by a company’s core business operations.