Case WD 1-1 Amanda Has Been Using the Save and Save

question 42

Multiple Choice

Case WD 1-1 Amanda has been using the Save and Save As command interchangeably, and it has caused some problems with her files. Amanda had opened her file from last year, "Junior Year Class Trip.docx," and spent about an hour updating the text and photos to show the information from her Senior Year Class trip. When she was finished she clicked the "Save As" button on the Quick Access toolbar and entered the name "Senior Year Class Trip" as the file title. What information will be in the "Junior Year Class Trip.docx file?

• A) Information from her Junior Year Class Trip
• B) Information from her Senior Year Class Trip
• C) No information, the document will be blank
• D) Text only on both trips, no photos will be saved

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Definitions:

Residual Dividend Theory

A policy whereby a company pays dividends to shareholders from leftover earnings after all operational costs and capital investment projects are covered.

Operating Income (EBIT)

Refers to an entity's earnings before interest and taxes, calculated by subtracting operating expenses from gross income, indicating the profitability from regular operations.

Payout Ratio

The proportion of earnings a company pays to its shareholders in the form of dividends.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, representing the percentage of tax applied to your income for each tax bracket in which you qualify.