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An Accountant with a College Degree and a License from the State

question 125

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An accountant with a college degree and a license from the state accounting board works for the Department of Defense as a senior auditor. He makes about $100,000 a year and will soon retire with benefits and a pension. What class would you expect him to belong to?


Definitions:

Rate of Return

Monetary gain or loss on an investment throughout a set period, considered as a percentage of the investment's cornerstone cost.

Current Stock Price

The cost at which a stock is bought or sold on the stock exchange at a specific moment.

Market Rate

The prevailing price or interest rate available in the marketplace for goods, services, or securities.

Annual Dividend

The total dividend payment a shareholder receives from a stock over the course of a year.

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