Eleven-Year-Old Evan Was Asked by His Math Teacher,"If Adam Is

question 23

Multiple Choice

Eleven-year-old Evan was asked by his math teacher,"If Adam is older than Bill and Bill is older than Cathy,who is the oldest?" This question was too abstract for Evan,and he was unable to answer.This shows that Evan is in which stage of development?

• A) the egocentric stage
• B) the formal operational stage
• C) the concrete operational stage
• D) the preoperational stage

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Definitions:

Dividend

A share of a company's profits paid out to its shareholders, typically in the form of cash or additional stock.

Cumulative Preferred Stock

A type of preferred stock where missed dividend payments accumulate and must be paid out before any dividends can be issued to common stockholders.

Dividend

A portion of a company's earnings that is distributed to shareholders as a reward for their investment.

Par Value

Par Value is the face value of a bond or share of stock as stated by the issuing company, and it's often a nominal amount used for accounting purposes.