Which of the Following Statements Is True of Generation Y

question 101

Multiple Choice

Which of the following statements is true of Generation Y?

• A) Its members are not as hardworking and motivated as other generations.
• B) Its members have been raised from childhood to adulthood in the digital world.
• C) Its members have the least spending power than any other cohort.
• D) Its members are the first generation of latchkey children.

---

Definitions:

Net Income

The total profit of a business after all expenses and taxes have been deducted from total revenue.

Internal Growth Rate

The maximum rate at which a company can expand using only its own sources of funding without resorting to external financial options.

Constant Percentage

A fixed percentage rate applied to various mathematical and financial calculations.

Retains Earnings

Retains Earnings are the portion of net income that is not distributed to shareholders as dividends, but rather retained by the company for reinvestment or to pay off debt.