The Advent of Humans' Settling in Places and Adopting a Sedentary

question 39

Multiple Choice

The advent of humans' settling in places and adopting a sedentary lifestyle based on agriculture, about 10,000 years ago, allowed people to

• A)specialize in various skills.
• B)hunt more often.
• C)socialize more often.
• D)have more children.

---

Definitions:

Retained Earnings

The portion of a company's profit kept in the business after dividends are paid, which can be used for reinvestment in operations, debt reduction, or other purposes.

Component Cost Of Preferred Stock

The required rate of return by investors on a company's preferred stock, essentially the cost to the company of issuing preferred stock.

Dividend Yield

The financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

After-Tax Cost Of Debt

The net cost to a company for borrowing funds, calculated by subtracting the tax savings from the cost of debt's interest payments.