The First Step You Would Take to Get Control of Your

question 49

Multiple Choice

The first step you would take to get control of your personal finances is to

• A) keep track of all your expenses.
• B) prepare a budget.
• C) take inventory of your assets.
• D) start a savings program.

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Definitions:

Share Repurchases

Occurs when a firm repurchases its own shares.

EPS

Earnings Per Share (EPS) is a financial ratio calculated by dividing the company's net profit by the number of its outstanding shares, indicating how much money a company makes for each share of its stock.

Myron Gordon

An economist best known for his work on dividend policy and stock valuation, including the Gordon Growth Model which relates a company's dividend policy to its stock valuation.

John Lintner

A prominent economist known for his work on dividend policies and the capital asset pricing model (CAPM).