Which of the Following Statements About Audio Books Is True

question 71

Multiple Choice

Which of the following statements about audio books is true?

• A)Audio books are now downloadable to iPods and other portable devices.
• B)Audio books offer a valuable service to sightless and vision-impaired readers.
• C)Regular readers enjoy audio books during daily commutes or long drives.
• D)The number of audio books borrowed from libraries soared in the 1990s and early 2000s.
• E)All of the options are correct.

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Definitions:

Stock Split

A corporate action that increases the number of a company’s shares by dividing each share, which in turn reduces its price but does not affect the total market capitalization.

Shares Outstanding

Refers to the total number of shares of a company that are currently owned by investors, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which in turn reduces its price but not the total market capitalization.