Cody Opened a Presentation Named October Sales

question 88

Multiple Choice

Cody opened a presentation named October Sales. Then he saved the October Sales presentation with the new name November Sales. What happened to the October Sales presentation?

• A) Nothing; the October Sales presentation is still available.
• B) The October Sales presentation was replaced with the November Sales presentation and is no longer available.
• C) The October Sales presentation is still open and will display any changes Cody makes to the November Sales presentation.
• D) The October Sales presentation is still available, but Cody can no longer make changes to it.

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Definitions:

Shares Outstanding

Represents the total number of shares of stock that are currently owned by the company's shareholders, including shares held by institutional investors and restricted shares owned by the company’s officers and insiders.

Retained Earnings Statement

A financial statement that shows how a company's retained earnings have changed during a specific period.

Fiscal Year

A one-year period used for financial and tax reporting purposes, which may or may not align with the calendar year, depending on the company or organization.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the company does not change.