An Owner of a Trading License on the NYSE Is

question 108

Multiple Choice

An owner of a trading license on the NYSE is called a:

• A)broker.
• B)shareholder.
• C)member.
• D)trader.
• E)dealer.

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Definitions:

Cash Turnover Ratio

A financial metric that measures how efficiently a company generates sales from its cash on hand.

Profit

The financial gain realized when the revenue from business operations and sales exceeds the expenses, taxes, and costs of producing and selling goods or services.

In-The-Black

A financial term indicating that a business is making a profit, as opposed to being "in the red" which means it is incurring losses.

Quick Ratio

A liquidity metric that indicates a company's capacity to pay its current liabilities without needing to sell inventory, calculated as (cash + marketable securities + accounts receivable) / current liabilities.