No Longer Relying on Parents to Pay the Bills Is

question 14

Multiple Choice

No longer relying on parents to pay the bills is also known as ______.

• A) having a child
• B) financial independence
• C) working full time
• D) completing education

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Definitions:

Common Shares

Equity securities that represent ownership in a company, entitling holders to vote at shareholder meetings and receive dividends.

Preferred Shares

A type of stock that provides a fixed dividend before any dividends are paid to common stockholders and often carries no voting rights.

Basic Earnings

The net income divided by the weighted average number of shares outstanding, representing a company's earnings per share without any adjustments.

Common Shares

Equity securities that represent ownership interests in a corporation, providing voting rights and potential dividends to shareholders.