The Time Series Line Chart Below Shows the Prices of a Volatile

question 23

Multiple Choice

The time series line chart below shows the prices of a volatile stock from January 1999 to December 1999. Between which two consecutive months did the price of the stock drop by The greatest percentage?

• A) June - July
• B) August - September
• C) May - June
• D) None of the above

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Definitions:

Retaining Earnings

The practice of holding onto a company's profits to reinvest in the business rather than distributing them as dividends to shareholders.

Net Worth

The total assets minus total outside liabilities of an individual or a company.

Interest Rate

The cost of borrowing money or the return on savings, expressed as a percentage of the principal.

Annual Interest Rate

The percentage of the principal that is paid as a fee over a period of one year for borrowing or saving money.