A ____ Knife Is a Universal Cutting Tool

question 25

Multiple Choice

A ____ knife is a universal cutting tool.

• A) flexible
• B) Bowie
• C) utility
• D) Swiss

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Definitions:

Market Value

The cost at which an asset or service can be sold or bought right now in the marketplace.

Excess Cash

Cash that exceeds the normal operating needs of a business and is available for investing or returning to shareholders.

Stock Repurchase

A corporate action in which a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.