Answer the Question $50 \% \times 10 \% = 0.5 \%$

question 123

Multiple Choice

Answer the question.
-Of those who applied to the college, 50% were accepted and of those accepted, 10% enrolled. What percentage of those who applied, enrolled?

• A) \(50 \% \times 10 \% = 0.5 \%\)
• B) \(50 \% \times 10 \% = 5 \%\)
• C) \(50 \% + 10 \% = 60 \%\)
• D) \(50 \% - 10 \% = 40 \%\)

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Definitions:

Retained Earnings

Refers to the portion of net income left over for the business after it has paid out dividends to its shareholders.

Surplus Cash

Excess funds that a company has after covering all its operational expenses, investments, and financial obligations.

Dividends

Distributions to shareholders from a corporation, often sourced from the entity's earnings.

Stock Dividend

A form of dividend payment made by a corporation to its shareholders in the form of additional shares, rather than cash.