What is a penny stock

Assignment Help Finance Basics
Reference no: EM132719765

A. What is a penny stock?

B. Why does the SEC care about small and thinly traded stock?

C. Does the fact that a relatively small company within minimal stock capitalization may play a role in an engagement partner's lack of skepticism regarding management's assertions?

Reference no: EM132719765

Questions Cloud

Why do firms use short term financing : Why do firms use short term financing? Show a comparative analysis of commercial papers, banker's acceptance, A/P, & accruals.
How do determine what is the cash flow to creditors : Ford Motors Inc, If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to shareholders?
Set up an amortization table : Set up an amortization table. Graph the resulting outstanding balances (using a column graph). Make sure your x-axis goes from 0 to 24.
Present value of the two scholarships : Another university sets up two scholarship funds. The first one pays out $1200 a year, starting one year from now.
What is a penny stock : A. What is a penny stock? B. Why does the SEC care about small and thinly traded stock?
Defense-in-depth principle to ensure protection : Microsoft adheres to a defense-in-depth principle to ensure protection of its cloud services, such as Microsoft Office 365.
Calculate the exodus increase in its free cash flow : Exodus Inc. has annual sales of $80,000,000. Calculate the Exodus increase in its free cash flow after the change in its cash conversion cycle.
Calculate the intrinsic value of the bond : A coupon bond that pays interest annually has a par value of $1,000, matures in five years, and has a yield to maturity of 10%.
Fundamental decisions that the financial manager : What are the fundamental decisions that the financial manager should make with respect to cash, accounts receivable, and inventory management?

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the effective rate on the bank loan

Harper Engine Company needs $602,000 to take a cash discount of 2.50/10, net 110. A banker will loan the money for 100 days at an interest cost of $14,600.

  Recompute the annual cost of interest

Recompute the annual cost of interest, assuming Ajax ordinarily maintains $20,000 at each bank in deposits that will serve as compensating balances.

  What is the price of a 5?-year

What is the price of a 5?-year, 8% coupon? rate, $1,000 face value bond that pays interest annually if the yield to maturity on similar bonds is 7%??

  How much they will end up paying back in total

The Full Keg, a music venue in the city of Chicago has recently taken out a $100,000, 15 year amortized loan to with a 3.5% annual interest rate in order make.

  What is the most that you would pay for investment

What is the most that you would pay for an investment that promises to pay $20,691.00 a year forever with the first payment starting one year from now?

  Decreasing interest coverage ratio

With a steady debt ratio and a decreasing interest coverage ratio, the company appears to be less able to meet its debt obligations

  Annual investment income

Assume that Jane and John both earn 6.5% annual investment income. Who has more money at age 65?

  Review the financial statements and comment on goodyear

Support your recommendation with financial ratios. Assume a tax rate of 30 percent. Interest expense is $320 in 2008, $450 in 2007, and $447 in 2006.

  Which legal form of business organization is most common

Which legal form of business organization is most common? Which form is dominant in terms of business revenues?

  Find the balance in the prepaid rent account

Among other items, the partial unadjusted trail balance of Filmblaster, Inc., a movie rental company, at December 31 of the current year includes.

  Define or explain a bond

Define or explain a BOND. Why do most bond trades occur in the over the counter market?

  Determine the beta coefficient for stock j

Given the following information, determine the beta coefficient for Stock J that is consistent with equilibrium: rJ = 13.5%; rRF = 6.15%; rM = 10.5%. Round your answer to two decimal places.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd