over-the-counter (OTC) market
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a network of dealers all over the country linked by computers, telephones,
and Teletype machines
asset utilization ratios
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ratios that measure how well a firm uses its assets to generate each $1 of
sales
,return on equity
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net income divided by owners' equity
also called return on investment (ROI)
equity financing
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raising funds by attracting new owners
commercial certificates of deposit (CDs)
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certificates of deposit issued by commercial banks and brokerage
companies, available in minimum amounts of $100,000, which may be
traded prior to maturity
brokerage firms
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, firms that buy and sell stock, bonds, and other securities for their customers
and provide other financial services
line of credit
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an arrangement by which a bank agrees to lend a specified amount of
money to an organization upon request
total asset turnover
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sales divided by total assets
discount rate
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the rate of interest the Fed charges to loan any banking institution to meet
reserve requirements
open market operations
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, decisions to buy or sell U.S. treasury bills (short-term debt issues by the U.S.
government) and other investments in the open market
money
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anything generally accepted in exchange for goods and services
also called currency
debt to total assets ratio
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a ratio indicating how much of the firm is financed by debt and how much
by owners' equity
fiat money
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a paper money not readily convertible to a precious metal such as gold
finance
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a network of dealers all over the country linked by computers, telephones,
and Teletype machines
asset utilization ratios
Give this one a try later!
ratios that measure how well a firm uses its assets to generate each $1 of
sales
,return on equity
Give this one a try later!
net income divided by owners' equity
also called return on investment (ROI)
equity financing
Give this one a try later!
raising funds by attracting new owners
commercial certificates of deposit (CDs)
Give this one a try later!
certificates of deposit issued by commercial banks and brokerage
companies, available in minimum amounts of $100,000, which may be
traded prior to maturity
brokerage firms
Give this one a try later!
, firms that buy and sell stock, bonds, and other securities for their customers
and provide other financial services
line of credit
Give this one a try later!
an arrangement by which a bank agrees to lend a specified amount of
money to an organization upon request
total asset turnover
Give this one a try later!
sales divided by total assets
discount rate
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the rate of interest the Fed charges to loan any banking institution to meet
reserve requirements
open market operations
Give this one a try later!
, decisions to buy or sell U.S. treasury bills (short-term debt issues by the U.S.
government) and other investments in the open market
money
Give this one a try later!
anything generally accepted in exchange for goods and services
also called currency
debt to total assets ratio
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a ratio indicating how much of the firm is financed by debt and how much
by owners' equity
fiat money
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a paper money not readily convertible to a precious metal such as gold
finance
Give this one a try later!
