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Finra Exam Series-7 Topic 2 Question 65 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 65
Topic #: 2
[All Series-7 Questions]

Level III of NASDAQ provides which of the following?

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Suggested Answer: B

it is somewhat below the standard minimum. The standard minimum current ratio for a manufacturing company is 2 to 1. The current ratio for this company is 1.92 (9,400,000 divided by 4,900,000).


by Taryn at Feb 06, 2023, 06:50 AM

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Eric
10 hours ago
B) firm quotations, of course! I can't imagine why anyone would need 'subject markets' or 'workout markets' on a stock exchange. Sounds like they're really trying to trick us here.
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Dortha
3 days ago
Hmm, firm quotations sounds like the way to go. I mean, who wants representative or 'workout' quotations? That just sounds like a workout I don't need.
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Aleshia
5 days ago
I'm not sure, but I think it could also be B) firm quotations, as they are commonly provided at Level III of NASDAQ.
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Candida
10 days ago
I agree with Elden, because Level III of NASDAQ typically provides representative quotations.
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Elden
16 days ago
I think the answer is A) representative quotations.
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