Currently, About ____ of U

question 330

Multiple Choice

Currently, about ____ of U.S. households own stock, either directly or through an equity mutual fund.

• A) 10 percent
• B) 20 percent
• C) 50 percent
• D) 80 percent

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Definitions:

Comprehensive Income

The change in equity of a business enterprise during a period from transactions and other events from non-owner sources, including all revenues, gains, expenses, and losses.

Income Statement

A financial report that provides a summary of a company's revenues, expenses, and profits/losses over a specific period of time.

Statement of Comprehensive Income

A financial report that includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, dividing activities into operating, investing, and financing.