Implies the highest quality earnings

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Reference no: EM131947853

1. Which of the following implies the highest quality earnings?

a. Cash flow less than earnings

b. Cash flow greater than depreciation

c. Cash flow less than earnings minus depreciation

d. Cash flow greater than earnings

e. Cash flow equal to depreciation

f. None of the above

2. Circuit breakers implemented by the NYSE were designed to:

a. Reduce the January effect

b. Reduce the effect of technical trading

c. Eliminate program trading

d. Slow a market decline

e. Reduce the influence of institutional buyers

f. Reduce the need for specialists

Reference no: EM131947853

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