Persons Who Are Important to Us and with Whom We

question 75

Multiple Choice

Persons who are important to us and with whom we psychologically identify are termed

• A) reference groups.
• B) significant others.
• C) generalized others.
• D) all of the above depending on the time and place.

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Definitions:

Book Value Per Share

A financial metric that calculates the value of a company's equity divided by the number of outstanding shares.

Cash Dividends

Payments made by a corporation to its shareholder members. It is the share of profits distributed in cash.

Treasury Stock

Shares reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Appropriated Retained Earnings

Portion of retained earnings that a company reserves to be used for specific purposes or to meet future obligations.