Mikhail Is Enjoying His New Windows 8 Tablet Computer

question 48

Multiple Choice

Mikhail is enjoying his new Windows 8 tablet computer. He's trying to learn about the similarities and differences between the Internet Explorer app and the Internet Explorer desktop application. You offer to give him a quiz to test his understanding.
-You tell Mikhail that he has opened the Favorites Center. Mikhail answers: ____.

• A) app only
• B) desktop application only
• C) neither desktop application nor app
• D) both desktop application and app

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained within the company to be used for future growth, investment, or debt repayment, rather than being distributed to shareholders as dividends.

Detachable Stock Warrants

Financial instruments that grant the holder the right to purchase company stock at a specified price and are separable from the bond or stock with which they were issued.

Additional Paid-In Capital

Additional paid-in capital refers to the amount of money investors have paid for shares in a company over and above the stated par value of the shares.

Expired Warrants

Warrants that have reached their expiration date and are no longer valid or exercisable to buy the underlying security at a predetermined price.