Registration in Ms

question 144

Multiple Choice

Registration in Ms. McNick's classes reaches maximum enrollment quickly. Students register immediately online just to insure their seat in her class. One student summed it up: "Everyone's heard she is the best teacher on campus." Ms. McNick's classes benefit from

• A) viral publicity.
• B) positive public relations.
• C) free advertising.
• D) word-of-mouth promotion.

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Definitions:

Common Stock

A type of equity ownership in a corporation, where holders have voting rights and potentially receive dividends.

Stock Dividend

A distribution of extra shares to a company's shareholders, as opposed to monetary compensation.

Retained Earnings

Profits that have been reinvested in the company rather than distributed to stockholders as dividends.

Fiscal Year

A twelve-month period chosen for accounting purposes and financial reporting, which may or may not align with the calendar year.