If 2 People Can Knit a Total of 12 Socks

question 43

Multiple Choice

If 2 people can knit a total of 12 socks per hour, how many socks can five people knit in an 8 hour work day?

• A) 200
• B) 240
• C) 120
• D) 36

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Definitions:

Dividend Growth

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

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has precedence over common stock dividends.

Capital Gains Yield

The price appreciation component of a stock's total return, calculated as the increase in the stock price divided by the initial price of the stock.

Next Dividend

Refers to the upcoming dividend payment that a company plans to distribute to its shareholders.