The __________ Was Enacted After Widespread Abuses in the Subprime

question 56

Multiple Choice

The __________ was enacted after widespread abuses in the subprime mortgage market.

• A) Walsh-Healy Mortgage Reformation and Consumer Protection Act of 2009
• B) Mortgage Lending and Financial Reform Act of 2009
• C) Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
• D) Financial Institution Regulatory Pronouncement and Consumer Revision Act of 2010

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Definitions:

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods to identify trends and growth patterns.

Comparative Income Statements

Financial statements that present the revenues, expenses, and net income of a company over multiple periods for comparison.

Debt Management Ratios

Those ratios—debt to total assets, debt to stockholders’ equity, and times interest earned—which measure a company’s mix of debt and equity financing.