Determine What Signs on Values of X and Y Would

question 124

Multiple Choice

Determine what signs on values of x and y would make the statement true. Assume that x and y are not 0.
-The NSC Corporation has just completed its first year of business. The following chart shows its monthly profit (or loss) . $$\begin{array} { l r } \text { Month } & \text { Profit (Loss) in Dollars } \\\hline \text { January } & - 14,526 \\\text { February } & 1874 \\\text { March } & - 8977 \\\text { April } & - 14,107 \\\text { May } & 14,073 \\\text { June } & 14,632 \\\text { July } & - 13,834 \\\text { August } & - 13,170 \\\text { September } & - 4860 \\\text { October } & 6630 \\\text { November } & - 3338 \\\text { December } & - 974\end{array}$$ The absolute value of the profit or loss was smallest in ? .

• A) December
• B) June
• C) February
• D) January

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Definitions:

Continuing Shareholders

Continuing shareholders are individuals or entities that retain their shares in a company through various corporate actions or transactions, maintaining their stake in the company.

Sold

The act of transferring ownership of an asset or security from a seller to a buyer in exchange for money or equivalent.

Retained Earnings

Profits kept by a corporation for reinvestment in its operations, rather than being distributed to shareholders as dividends.

Paid in Excess

The amount paid by investors over the par value of a stock, typically recorded in the additional paid-in capital account on the balance sheet.