HRT474 Winter

CH.3 Mr.Milk in his discussion of working on Financial statements, he reminds us that the ______ breaks down return on equity into three component parts: operation efficiency of the firm, it's asset use efficiency, and financial leverage.

Du Pont identity

#3 Becky reminds you that a _____ must be filed with the SEC that discloses all material information concerning the corporation making a public offering. The proper name for the companies first equity issue that is made available to the public is called an ________. Which of the following best completes the two sentences above.

Registration statement; Initial public offering

#5 You remind Toby that you understand that the _______ is the compensation to the underwriter is determined by the difference between the underwriter's buying price and offering price.

Spread

#2 Casper tells you that he has recently seen advertisement in The wall street journal announcing a corporation's public offering of securities, along with a list of investment banks handling the offering. You tell him these advertisements are called ______. You also say that the investment firms that act as intermediaries between a company selling securities and the investing public are called _______. Which of the following best describes your answers.

Tombstones;underwriters