Multiple Choice
People who buy stock in a corporation such as General Electric become
A) creditors of General Electric,so the benefits of holding the stock depend on General Electric's profits.
B) creditors of General Electric,but the benefits of holding the stock do not depend on General Electric's profits.
C) part owners of General Electric,so the benefits of holding the stock depend on General Electric's profits.
D) part owners of General Electric,but the benefits of holding the stock do not depend on General Electric's profits.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: If the Apple corporation sells a bond
Q38: A mutual fund<br>A)is a financial institution that
Q39: Which of the following is correct?<br>A)Lenders sell
Q40: The amount of revenue a firm receives
Q41: Managed funds<br>A)typically have a higher rate of
Q43: In 2013,ABC Corporation had total earnings of
Q44: Retained earnings are<br>A)earnings of a company that
Q45: Which of the following bond buyers did
Q46: Index funds<br>A)buy all the stocks in a
Q47: The primary advantage of mutual funds is