What is the accounting equation?
Assets = Liabilities + Stockholder's Equity
Name two of the main market indexes
1. DOW
2. S&P 500
Name an investment banking firm
Jefferies, J.P Morgan, Goldman Sachs, Morgan Stanley
What does the beta of a stock tell you?
The riskiness compared to the market
1. Income Statement
2. Balance Sheet
3. Statement of Cash Flows
What is another way for a stockholder to make money besides selling their shares?
Receiving dividends
Name Warren Buffett's firm
Berkshire-Hathaway
What is the current ratio?
Current Assets/Current Liabilities
Name one asset and one liability
Asset:Cash, land,
Liability: Note payable, bond payable,
What is the average return of the market?
8%-10%
Name three financial industries
Asset management
Wealth Management
Investment Banking
Private Equity
What is the P/E ratio?
Share Price/Earnings per Share
Do you debit or credit an expense?
Debit
What is a short squeeze?
Example: Game Stop
What type of investment banking is prominent in Texas?
Energy (oil/gas)
What is EBITDA?
Earnings before interest, taxes, depreciation, and amortization