A(n)________ Is Represented by a Certificate and Is Commonly Traded

question 57

Multiple Choice

A(n) ________ is represented by a certificate and is commonly traded on an exchange.

• A)inventory
• B)intangible asset
• C)interest
• D)security

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Definitions:

Transaction

A financial event that changes the balance of two or more accounts.

Debt Ratio

Debt ratio is a financial ratio that measures the extent of a company's leverage by comparing its total debt to its total assets.

Total Liabilities

The combined amount of all financial obligations a company owes to external parties, recorded on the balance sheet.

Total Assets

The sum of all assets owned by a company, including current and non-current assets, as reported on the balance sheet.