Cryptography Is a New Invention of the 20th Century

question 23

True/False

Cryptography is a new invention of the 20th Century.

---

Definitions:

Stockholders' Equity

Stockholders' equity represents the ownership interest of shareholders in a company, calculated as total assets minus total liabilities.

Common Stock

Equity ownership in a corporation, dividing ownership into shares where each share entitles the owner to a share of the company's profits and a vote in certain company decisions.

Retained Earnings

Accumulated net income that a company decides to keep rather than distribute to shareholders as dividends, often used for reinvestment.

Dividends

Funds disbursed by a company to its shareholders, representing a share of the profits earned by the company.