The Lowest Common Denominator When Adding the Fractions 1/20

question 5

True/False

The lowest common denominator when adding the fractions 1/20 + 1/5 + 1/15 is 30.

---

Definitions:

Common Stock Holders

Individuals or entities that own a share of common stock in a corporation, granting them voting rights and a portion of the company’s profits.

Preferred Stockholders

Preferred stockholders are investors who own preferred shares in a company, which often entitle them to fixed dividends and priority over common stockholders in asset liquidation.

Preferred Stock

Preferred stock is a type of equity security that provides dividends and certain privileges in the event of liquidation before common stock, but typically does not carry voting rights.

Perpetuity

An annuity that has no end, or a stream of cash payments that continue indefinitely.