Exam (elaborations)
IFIC EXAM Complete Questions And Answers Graded A+
- Course
- Institution
IFIC EXAM Complete Questions And Answers Graded A+ IFIC EXAM Complete Questions And Answers Graded A+
[Show more]
Content preview
IFIC EXAM Complete Questions And Answers Graded A+ Current Account Correct Answer: records exchanges of goods between Canada and foreigners ROE RATIO Correct Answer: PROFIT/EQUITY EPS Correct Answer: PROFIT/NUMBER OF COMMON SHARES OUTSTANDING DIVIDEND YIELD Correct Answer: Annual Dividend / Stock Price P/E RATIO Correct Answer: ratio of stock price to earnings per share MEASURING PERFORMANCE Correct Answer: ENDING NAVPS -BEGGINING NAVPS X100/BEGGINING NAVPS PURCHASE PRICE Correct Answer: NAVPS/100% -SALES CHARGE INFLATION Correct Answer: CPI CURRENT PER IOD- CPI PREVIOUS PERIOD/CPI PREVIOUS PERIOD X 100 RETURN % Correct Answer: CASH FLOW + ENDING VALUE - BEGINNING VALUE/BEGGINIGN VALUE X 100 CURRENT RATIO Correct Answer: current assets - current liabilities INTEREST RATIO COVERAGE Correct Answer: EARNI NG BEFORE INTEREST AND TAXES/TOTAL INTEREST CHARGES GROSS PROFIT MARGIN RATIO Correct Answer: Gross Profit/Sales CURRENT YIELD ON BONDS Correct Answer: ANNUAL CASH SHOW/ CURRENT MARKET PRICE X100 Direct investment Correct Answer: Couple investing saving s in a home, government building a new highway Indirect investment Correct Answer: Purchase of representational items such as stocks or mutual funds Capitals three characteristics Correct Answer: It is mobile, sensitive to its environment, it is scarce Retail investors Correct Answer: Individual investors who buy and sell securities for their own personal accounts, and not for another company or organization. Institutional Investors Correct Answer: Large organizations - such as pension funds, mutual funds, and insurance companies - that invest their own funds or the funds of others Derivaties Correct Answer: Products based on or derived from an underlying secu rity Secondary Market Correct Answer: Investments that have already been issued by companies or governments Auction Market Correct Answer: buyers enter bids and sellers enter offers for a stock Dealer Markets Correct Answer: Network of dealers who trade with each other. Often called OTC markers Factors in GDP Growth Correct Answer: Increase in population, increase in capital, improvement in technology. Phases of the business cycel Correct Answer: Expansion, Peak, Trough, Recovery. Output Gap Correct A nswer: the difference between actual output and potential output demand -pull inflation Correct Answer: increases in the price level (inflation) resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand cost-push inflation Correct Answer: When prices rise due to an increase in the cost of production. Phillips Curve Correct Answer: States that when unemployment is low, inflation tends to be high. When unemployment is high, inflation tends to be lo w. Sacrifice Ratio Correct Answer: the number of percentage points of annual output lost in the process of reducing inflation by 1 percentage point Drawdown Correct Answer: Transfer from BOC accounts at chartered banks back to BOC Re-deposit Correct Ans wer: Transfer from BOC back to accounts at chartered banks Capital/financial account Correct Answer: Records financial flows between Canada and US in the investment realm.The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Nipsey. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77764 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now