Mike and Bobbie Listen to Their Children and Ask for Input

question 14

Multiple Choice

Mike and Bobbie listen to their children and ask for input before they set down rules. They have what may be called a/an _______ parenting style.

• A) authoritarian
• B) authoritative
• C) accepting
• D) permissive

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Definitions:

P/E

The price-to-earnings ratio, measuring a company's current share price relative to its per-share earnings.

YTD% Chg

Year-To-Date Percentage Change, a financial metric indicating the percentage change in the value of an investment since the beginning of the current calendar year.

Obligatory Sinking Fund

A financial strategy in which a company sets aside money over time to retire its debt securities or preferred stock gradually, reducing default risk.

Preferred Stock

A category of corporate equity that ranks above common stock in terms of claims on assets and income, typically receiving dividends at a fixed rate.