The Figure Given Below Shows the Demand [D and D']

question 9

True/False

The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2

-The equity market is said to be an efficient market because it is difficult for an investor to continually earn above-normal profits.

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that are easily convertible to a known amount of cash and are subject to an insignificant risk of changes in value.

Quick Ratio

A measure of a company's ability to meet its short-term obligations using its most liquid assets.

Accounts Receivable

Accounts receivable represents the money owed to a company by its customers for goods or services that have been delivered but not yet paid for, essentially an extension of credit from the company to the customer.

Accounts Payable

The amount of money owed by a company to its suppliers or creditors for goods and services purchased on credit.