TRUE / FALSE (write “True” or “False” – not just “T” or “F” in the following questions. )
1) The primary market includes the sale of securities for the first time often through initial public offerings known as IPOs.
2) The field of finance emphasizes the relationship between risk and return.
3) The income statement measures the increase in the assets of a firm over a period of time.
4) When computing the quick ratio, accounts receivables are not included in current assets.
5) Financial ratios are frequently used to compare different firms that are in different industries.