______ Is Projected Net Profit Calculated from Projected Revenue Minus

question 13

Multiple Choice

______ is projected net profit calculated from projected revenue minus projected costs and expenses.

• A)Pro forma Income
• B)Gross profit
• C)Net sales
• D)Cost of goods sold

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Definitions:

Dark Pools

Electronic trading networks where participants can anonymously buy or sell large blocks of securities.

Market Order

A type of trading order that instructs to buy or sell a security immediately at the current market price.

Discretionary Order

An order given to a broker allowing them discretion on the execution timing and price of a trade, within certain pre-established parameters.

Limit Order

An order to buy or sell a security at a specific price or better.