Use the Figure Below to Answer the Following Questions

question 72

Multiple Choice

Use the figure below to answer the following questions.

Figure 19.1.1
-Refer to Figure 19.1.1. The richest 20 percent of households receive what share of total income?

• A)10 percent
• B)30 percent
• C)40 percent
• D)60 percent
• E)100 percent

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Definitions:

Common Stock

A type of ownership in a corporation that entitles shareholders to vote on corporate matters and receive a share of the company's profits through dividends.

Fair Value

A measure of the price at which an asset would change hands between willing parties, neither being under compulsion to buy or sell.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which often bears no relation to its market value.

Consolidated Buildings

Consolidated buildings involve the aggregation of building assets owned by a parent company and its subsidiaries for financial reporting purposes.