According to a Survey from the National Association of Colleges

question 65

Multiple Choice

According to a survey from the National Association of Colleges and Employers (NACE) (2013) approximately _____ of graduating college seniors from the class of 2013 reported having taken part in an internship, co-op, or both.

• A) 41.7%
• B) 48.9%
• C) 58.4%
• D) 63.2%

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, offering them limited liability and the ability to raise funds by selling shares.

Net Income

The profit remaining after all costs, expenses, and taxes have been subtracted from total revenue.

Allowances

Funds set aside or discounts offered to account for various factors such as potential returns, defective goods, or customer satisfaction initiatives.

Income-Sharing Ratio

An agreed upon proportion used to distribute profits or losses among partners in a partnership.