State Exam Flashcards
Ownership in a corporation
Stocks
Ticker symbol
Abbreviation used to identify stocks
How many companies in the Dow Jones Industrial Average Index
30 Companies
What is an ETF
Exchange Traded Fund
What does IPO mean
Initial Public Offering (of stock)
P/E ratio stand for
Price of stock divided by earnings
How often do shareholders get their “earnings”
Quarterly
AAPL, and GOOG are examples of what
Ticker symbols
Dividends
Profits paid to shareholders
Disadvantage of company issuing stock
The Company give away part of their Equity
What is a stock market exchange
marketplace for stocks, bonds, etc. to trade
Company has no P/E ratio
The Company has no earnings
Innovation
Making improvements to a product or process
Language of business
Accounting
Study of how a society chooses to use their limited resources for production
Economics
Activities of producing, buying and selling goods/services in exchange for money
Business
Resources in limited supply
Scarcity
is money a resource
no
Study of the economy as a whole
Macroeconomics
Smaller parts of the economy, such as a single community
Microeconomics
Moral principles that govern a person behavior
Ethics
Patents protect
inventions
intellectual property
copyrights, trademarks, Patents
2 or more people own a business
partnership
Who owns a corporation
shareholders
Social Responsibility
giving back to the community by doing a service project
Can you buy stock in private companys?
no
Dividend
corporation pays stockholders on a regular basis
Portfolio is made of
stocks, bonds, and other investments
Assets=Liabilities + ?
Owners equity
Investor loans money to a company for a defined period of time and is paid interest
bond
Mutual fund
pool of funds from many investors to purchase bonds, stocks, ect.
money regularly paid to shareholders from a company’s profits
dividend
Bull market
rising