Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1) What does a Stock represent? A. A loan you make to a company that they must p

ID: 2810900 • Letter: 1

Question

1) What does a Stock represent?

A. A loan you make to a company that they must pay back

B. A percentage of ownership of a company including assets and profits

C. A contract for a company's goods or services

D. Stocks are just tools used by investors to make money

2) What is Preferred Stock?

A. Stock that gets paid dividends first

B. Stock that lets its owners vote in shareholder meetings

C. Stock that is always worth the most

D. Stock that is only owned by managers

3) What is an IPO?

A. When a company first sells shares of stock to the public

B. When the government creates shares on a Stock Exchange

C. A new Apple product

D. When a company gets angry at its shareholders and has a meeting

4) The company Apple has how many shares outstanding?

A. 5,575 shares

B. 55,750 shares

C. 5,575,000 shares

D. 5,575,000,000 shares

5) Where were stocks first created?

A. Egypt

B. Rome

C. London

D. New York

Explanation / Answer

1) What does a Stock represent?

B. A percentage of ownership of a company including assets and profits

2) What is Preferred Stock?

A. Stock that gets paid dividends first

3) What is an IPO?

A. When a company first sells shares of stock to the public

4) The company Apple has how many shares outstanding?

D. 5,575,000,000 shares

5) Where were stocks first created?

D. New York