What does ROE mean?
Retorn On Equity
How often are balance sheets presented?
Each trimester
What is the name of the institution responsible for monetary policy and currency issuance in Mexico?
BANXICO
What is the commonly used abbreviation for the currency of the United States?
USD
What's the term for units of stock issued by a corporation that represent ownership?
What is the accounting method which states that every financial transaction has equal and opposite effects in at least two different accounts?
Double Entry
What do you call the macroeconomic indicator which shows the total value added created through the production of goods and services in a country during a certain period?
Gross Domestic Product or GDP
Who painted the "Last Supper"
Leonardo Davinci
True or false: higher the risk, higher the return.
True
True or False: Assets must be greater than Liabilities and Equity
False
What does SHCP stand for?
Secretaría de Hacienda y Crédito Público
What is the full name of our professor?
What is the name of one the most important stock indexes used in the New York Stock Exchange (NYSE) and Nasdaq?
Dow Jones Industrial Average
What is one of the four main Financial Statements which reports the financial performance of a company, including things such as revenue and costs?
Income Statement
Who is considered to be the father of economics?
Adam Smith
What is the smallest country in the world?
Vatican City
What is a dividend?
A dividend is a distribution of a portion of a company's earnings or profits to its shareholders.
What is the first reason a bank increases its account?
Sales
Inflation refers to the general increase in prices of goods and services over a period of time.
What character appears on our 200 MXN bill?
Sor Juana Inés De la Cruz
or
Miguel Hidalgo & José María Morelos