For a firm to have its securities listed on an exchange, it must meet certain requirements. These

usually include measures of profitability, size, market value, and public ownership.

Indicate whether the statement is true or false

TRUE

Business

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The inventory turnover ratio is computed by dividing the cost of goods sold by the ending inventory on hand.

a. true b. false

Business

A person who refers prospective buyers to a licensed broker for another person and for a fee or valuable consideration, to be received either now or in the future, must have a license.

a. true b. false

Business