Which of the Following Is Not a True Statement About

question 77

Multiple Choice

Which of the following is not a true statement about mineral properties?

• A) Color is the most obvious property of a mineral but it can be unreliable since many minerals occur in multiple colors
• B) Corundum is typically a cloudy, translucent, brown or blue mineral
• C) If a small amount of graphite is added corundum, it converts this mineral into a gemstone called a diamond
• D) If a small amount of chromium is added corundum, it converts this mineral into a gemstone called a ruby
• E) If a small amount of iron or titanium is added corundum, it converts this mineral into a gemstone called a sapphire

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Definitions:

Dividends Per Share

The total amount of dividends declared by a company for each share of its stock, indicating the income investors receive from holding shares in the company.

Financial Leverage

The use of borrowed funds to increase one's investment potential, which can magnify both gains and losses.

Current Assets

Short-term assets that are expected to be converted into cash within one year.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the net worth attributable to shareholders.