In: Accounting
fill in the blanks please
a) Already outstanding securities are traded in the ______________markets.
b) An IPO is a ____________________ market transaction.
c) Firms raise capital by selling newly issued securities in the ___________markets.
d) New York Stock exchange is an example of a ____________________ market.
e) The ___________ of the securities traded differentiates the money market from the capital market.
f) The primary goal of a financial manager should be ___________________
g) Markets for short-term debt securities are called ___________ markets.
h) ______________ ________________ bring together people and organizations wanting to borrow money with those having surplus funds.
i) Markets for long-term debt and equity are called __________ markets.
j) In a dealer market, the buyer and seller are not brought together directly but instead have their orders executed on the _________________.
k) The financial controller of a company is typically responsible for ___________________
l) The primary disadvantage of the corporate form of organization is _________________ ______________.
Answer-
a) Already outstanding securities are traded in the Secondary markets.
b) An IPO is a Primary market transaction.
c) Firms raise capital by selling newly issued securities in the primary markets.
d) New York Stock exchange is an example of a Secondary market.
e) The Maturity Period of the securities traded differentiates the money market from the capital market.
f) The primary goal of a financial manager should be Maximise the wealth with minimum risk.
g) Markets for short-term debt securities are called Money Market markets.
h) Financial Market brings together people and organizations wanting to borrow money with those having surplus funds.
i) Markets for long-term debt and equity are called Capital markets.
j) In a dealer market, the buyer and seller are not brought together directly but instead have their orders executed on the Exchange.
k) The financial controller of a company is typically responsible for the Preparation of Financial statement.
l) The primary disadvantage of the corporate form of organization is High cost and double taxation.