By the Early 21ˢᵗ Century,Wal-Mart Employed One Out of Every

question 119

Multiple Choice

By the early 21ˢᵗ century,Wal-Mart employed one out of every ____ U.S.workers.

• A)3,200
• B)1,400
• C)600
• D)340
• E)120

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Definitions:

Market Price

The current value at which an asset or service can be bought or sold in the marketplace.

Preferred Dividends

The dividends that are allocated and paid to preferred shareholders before any dividends can be distributed to common shareholders.

Retained Earnings

The portion of net income not distributed as dividends to shareholders, but instead reinvested in the company or kept as reserve.

Plant & Equipment, Net

The net book value of physical assets used in operations, after accounting for depreciation and disposals.