In Which of the Following Examples Is the Person Likely

question 93

Multiple Choice

In which of the following examples is the person likely to show the highest,and very steady,rate of response over time?

• A)In hopes of winning a big jackpot,Penny plays the slot machines at a nearby casino.
• B)Sam earns extra money by mowing his neighbors' lawns in the summer and shoveling their driveways and sidewalks in the winter.He charges $20 per job.
• C)Hoping to catch a message from her boyfriend,Wendy checks her e-mail again and again throughout the day.
• D)Jaime has a paper due once a month in his sociology course.His productivity is low at the beginning of the month and high as the deadline approaches.

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Definitions:

Cumulative Preferred

Refers to preferred stock where dividends accumulate if not paid out, with these unpaid dividends required to be paid out before any dividends can be issued on common stock.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock.

Income Statements

A financial statement that shows a company's revenues, expenses, and net income over a specific period, summarizing its financial performance.

Stock Dividends

Stock dividends are a form of dividend payment made by a corporation to its shareholders in additional shares of stock, instead of cash.