ACCT-311 Lecture 1: MyACCT311(1)
2 Apr 2016
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Often the out- comes are for three scenarios: optimistic, pessimistic, and most likely 33 seasonal effects on ratios seasonal factors can distort ratio analysis. At certain times of the year a firm may have excessive inventories in preparation of a season of high demand. Therefore, an inventory turnover ratio taken at this time as opposed to after the season will be radically distorted. secondary market markets in which securities are resold after initial issue in the primary market. The toronto stock exchange is an example 1 secured loan a loan backed by collateral, often for inventories or receivables 51. Securities and exchange commission (sec) a u. s. government agency that regulates the sales of new securities and the operations of securities exchanges. Securitization also applies to the situation where specific assets are pledged as collateral for securities, and hence asset- backed securities are created.
