Financial History and Milestones
Founded in 1792, this is the oldest stock exchange in the United States.
What is the New York Stock Exchange?
The formula for calculating a company's total assets.
What is Assets = Liabilities + Equity?
This action taken by the Federal Reserve in September 2024 marked its first such move in over four years, influencing short-term interest rates.
What is a rate cut?
This refers to the original price at which a stock is offered to the public for the first time.
What is an Initial Public Offering (IPO)?
This E-Board member grew up with out a TV.
Who is John?
This was the largest bankruptcy filing in U.S. history.
What is Lehman Brothers?
The bottom line of the income statement.
What is Net Income?
This electric vehicle company beat earnings per share expectations but missed revenue targets for Q3 2024, highlighting a jump in gross margins to 19.8%.
What is Tesla?
This market is one that experiences a prolonged decline in stock prices with the major indices falling by 20% or more from their highs.
What is a Bear Market?
This E-Board member wants to be a forensic accountant.
Who is Maria?
This legislation, enacted in 2002, aimed to prevent corporate accounting scandals following the collapse of Enron.
What is the Sarbanes-Oxley Act?
This intangible asset is found on the balance sheet and accounts for the excess purchase price of another company.
What is Goodwill?
The volatility in oil prices during Q3 2024 has been attributed to geopolitical tensions in this region, impacting energy stocks significantly.
What is the Middle East?
This concept refers to the total market value of a company's outstanding shares of stock.
What is market capitalization?
This E-Board member holds dual-citizenship.
Who is Sander?
This international institution, founded in 1944, offers financial assistance and economic advice to countries facing balance of payments issues.
What is the International Monetary Fund (IMF)?
This represents the total value of the company’s core operations to all stakeholders, including both equity and debt holders.
What is Enterprise Value?
This index, marking the two-year anniversary of the current bull market on October 13, 2024, has posted a 66% gain since its low in 2022.
What is the S&P 500?
This type of order is executed at the current market rice without specifying a particular price level.
What is a market order?
This is the city Christine is from.
What is Vancouver, Canada?
his international regulatory framework, developed by the Basel Committee on Banking Supervision, aims to strengthen the global banking system by setting capital, liquidity, and risk management standards for banks.
What is the Basel framework?
Current assets fall under this cash flow activity.
What is Cash Flow Operating Activity?
In October 2024, short-term yields spiked as markets reduced expectations for Federal Reserve rate cuts, creating more volatility in these securities.
What are U.S. Treasuries?
These stocks are typically issued by established companies that distribute dividends consistently and have stable earnings, even during downturns.
What are blue-chip stocks?
The youngest e-board member.
Who is Sadie?