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Which One of the Following Statements Is Correct for the Given

question 100

Multiple Choice

Which one of the following statements is correct for the given code snippet? Which one of the following statements is correct for the given code snippet?    A) Line 2 declares and initializes an array of three elements with value 5. B) Line 2 causes a bounds error because 3 is an invalid index number. C) Line 2 initializes the third element of the array with value 5. D) Line 2 initializes all the elements of the array with value 5.


Definitions:

Common Stock

A type of equity security representing ownership in a corporation; holders may receive dividends and have voting rights at shareholders' meetings.

$1 Par Value

The nominal or face value assigned to a share of stock, with no necessary relation to the market value, set at $1 per share.

Earnings Per Share

A financial metric that divides net income by the number of outstanding shares, indicating the profit available to each share of stock.

Treasury Stock

Stocks initially released and later repurchased by the company that issued them, leading to a reduction in the available shares on the public market.

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