Arab Americans, on Average, Have Attained Higher Levels of Education

question 54

Multiple Choice

Arab Americans, on average, have attained higher levels of education and income than the general population.For this reason, some have labeled the ethnic group a(n) ______ minority.

• A)economic
• B)cultural
• C)professional
• D)model

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Definitions:

Stockholders' Equity

Represents the owners' residual interest in the assets of a corporation after deducting liabilities.

Prior Period Adjustment

Corrections of material errors related to a prior period or periods, excluded from the determination of net income.

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business, rather than being distributed to shareholders as dividends.

Stock Split

A corporate action to increase the number of outstanding shares by issuing more shares to current shareholders, proportionally decreasing the stock price.