Solve the Problem A)221
B)2
C)20

question 236

Multiple Choice

Solve the problem.
-Find the gasoline price index for 1965 using the 2000 price as the reference value. Use the table below. $$\begin{array}{l}\text { YEAR|GASOLINE PRICE }\\\begin{array} { l | l } & \text { (cents per gallon) } \\\hline 1955 & 29.1 \\1965 & 31.2 \\1975 & 56.7 \\1985 & 119.6 \\1995 & 120.5 \\2000 & 155.0 \\2010 & 284.0\end{array}\end{array}$$

• A)22.1
• B)2
• C)20.1
• D)496.8

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Definitions:

Dividend Preference

A feature of preferred stock that gives it priority over common stock in the payment of dividends.

Voting Rights

The entitlement of shareholders to vote on company matters, typically at the annual general meeting, proportional to the number of shares they hold.

Dividends In Arrears

Dividend payments that a company owes to its preferred shareholders but has not yet paid out.

Common Stock Dividend

A portion of a company's earnings distributed to holders of its common shares, often in the form of cash or additional shares.