WISE Review 2

Jim has $55000 gross income in 2016, he deposited $5000 into a Roth IRA, his taxable income is

J pays $2000/mo for debts , with a $4000 net monthly income, what's his debt to income ratio

Is responsible for maintaining the integrity of the stock markets and stock brokers

Shares of stock are also known as:

The person who receives payment from a life insurance company after someones death is a

A creditor may deny credit because of:

A financial product you can invest $100, is safe and be worth $200 at a future date is:

The Federal Reserve uses the following monetary policies to regulate the $ supply, except

If a business wants to raise capital with out increasing it's debt load it can:

In order to be eligible for a college scholarship you must complete and submit a

If you are denied credit, you are entitled to receive a free credit report within how many days

Which type of insurance will pay the difference between the loan balance and a vehicle's value

Who is hurt most by inflation?

XYZ inc gets a $ judgment against Jim and wants some of Jim's salary. XYZ needs

Your vehicle has $1500 in damage after you hit a deer. You would file a claim under

A way of deferring the payment of taxes is to

The stock price of a company will generally increase if

If you sell your stock for a higher price than purchased for, you realize a:

Generally the higher the deductible

Who benefits most from inflation?

Which is a liability

If a shareholder can not attend the annual shareholder meeting, he can

The purpose of insurance is NOT to

When the stock market has a steady decline over a period of time, it is known as a

What's the lowest passing score on the WISE test?

When James bought a Apple Corp bond he was

Jane buys stock in Microsoft Inc, on a 50% margin. This means she

A factor that is likely to affect the market price of stock is:

Joan owns 30 shares of XYZ Corp which announces a 3 to 1 stock split,

Ben makes a quarterly payment to his insurance company. This payment is known as a

The activity of the NYSE most closely resembles

The type of insurance which will pay for injuries or property damage to others is

When deciding whether to hold or sell a stock which is selling for more than purchased,

A credit card finance charge is:

On 11/28/15 Ben bought 10 shares of TX Corp stock for $1000 and sold them 12/1/16 for $1500.

Shareholders have the right

You want to sell your car. The form of payment which should be avoided is

The following are 3 C's of credit except

The federal agency which insures bank deposits up to $250,000 is the:

An analogy for diversification

When an investor chooses to reinvest his dividends, this means the dividends

Amount insured needs to pay before insurer is obliged to pay on a covered claim is

Which type of insurance will the bank require if the vehicle is financed?

Why is term life insurance the least expensive type of life insurance?

You budget $250 a week for groceries, you spend $200 this week. You are considered to have

The payment of dividends to shareholders are

A blue-chip stock can be described as:

The only type of life insurance that does not develop cash value is

Which financial product may pay a dividend?

Generally the riskier the investment

Guy is injured by a hit and run driver, how will he receive payment

Jon has $1000 in an account that pays 7.2 interest a year. He will have approx $2000 in