Consider the Following Code Snippet

question 55

Multiple Choice

Consider the following code snippet:
ArrayList<Double> arr = new ArrayList<>() ;
String element = arr.get(0) ;
Is there an error in this code?

• A)No run-time error or compile-time errors will occur.
• B)Yes, a compile-time error will occur because you cannot create an ArrayList of type Double.
• C)Yes, a run-time error will occur because a Double value cannot be cast to a String value.
• D)Yes, a compile-time error will occur because you cannot assign a Double value to a String variable.

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Definitions:

Net Income

The amount of money a company earns after subtracting all expenses, taxes, and losses, indicating the company's profitability over a time period.

Net Capital

The amount of capital that a company has after subtracting its liabilities from its assets, often used in financial analysis to assess a company's financial health.

Revised Model Business Corporation Act

A model law proposed to standardize and regulate corporate business activities in the United States.

Negative Book Value

A situation where a company's liabilities exceed its assets, resulting in a negative equity value on the balance sheet.