Course: Securities & Investments
1. Which of the following is a characteristic of a defensive sector?
A. Rapid growth
B. Low dividend yield
C. Low sensitivity to the business cycle
D. High payout ratio
2. Which of the following reports are always included in a 10K filing with the SEC?
I. statement of cash flows
II. balance sheet
III. pro-forma statement
IV. income statement
A. II, III, and IV only
B. I, II, III, and IV
C. IV only
D. I, II, and IV only