Solve the Problem. -Among a Group of 85 Investors, 27 Owned Shares of Owned

question 102

Multiple Choice

Solve the problem.
-Among a group of 85 investors, 27 owned shares of Stock A, 34 owned shares of Stock B, 44 owned sharesof Stock C, 12 owned shares of both Stock A and Stock B, 13 owned shares of Stock A and Stock C, 18owned shares of Stock B and Stock C, and 8 owned shares of all three. How many investors did not haveshares in any of the three? How many owned shares of either Stock A or Stock C but not Stock B?

• A)15; 36
• B)23; 31
• C)15; 31
• D)15; 39

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Definitions:

Current Liabilities

Obligations or debts that a company needs to settle within one fiscal year or its operating cycle, whichever is longer.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts, or financial statements, is represented as a proportion of the total account.

Net Income

The amount by which revenues exceed expenses.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company.