A Study by Sharon Danes Discussed in Our Textbook Showed

question 62

Multiple Choice

A study by Sharon Danes discussed in our textbook showed which of the following with respect to parenting and finances?

• A) The majority of parents surveyed felt that children 8 years or younger were mature enough to receive an allowance.
• B) About half of the parents surveyed felt that 12- to 14-year olds could be responsible for their own clothing budgets.
• C) About half of the parents surveyed felt that 15- to 17-year olds should know about car insurance and having their own checking accounts.
• D) All of these were findings by Danes.

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Definitions:

Dividend Yield

The ratio of a company's annual dividend payments to its share price, indicating the earning potential from dividends for investors.

Required Return

An annual return rate set as the minimum to attract investment from persons or entities into a specific security or project.

Dividend Growth Rate

The annualized percentage rate of growth of a company's dividends per share.

Dividend Amount

Dividend amount is the sum paid to shareholders out of a company's earnings, typically on a per-share basis.