The Advantage of an Electronic ____ Is That the Content

question 34

Multiple Choice

The advantage of an electronic ____ is that the content can be easily edited and updated to reflect changing financial conditions.

• A)database
• B)spreadsheet
• C)expression
• D)formula

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Definitions:

Legal Capital

The minimum amount of capital that a company must maintain as required by law, often to protect creditors.

Dividend Rate

The total dividends declared by a company over a period, usually a year, divided by the number of outstanding shares.

Preferred Shares

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends.

Participating

In finance, it often refers to securities or investments that have the potential to share in additional earnings or payouts beyond a predetermined amount.