Regarding Reapportionment, Proposition 11 (2008) Places Responsibility with

question 2

Multiple Choice

Regarding reapportionment, Proposition 11 (2008) places responsibility with

• A)the governor
• B)the legislature
• C)the governor and legislature
• D)an independent commission

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Company

An organization created by several persons for the purpose of running and operating a business activity.

Dividend Payout Ratio

A financial metric that measures the percentage of a company's earnings paid out to shareholders as dividends.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.