The CFNAI Is a

question 105

Multiple Choice

The CFNAI is a

• A)leading index based on variables released with different frequencies.
• B)coincident index based on variables released with different frequencies.
• C)leading index based on 85 monthly variables.
• D)coincident index based on 85 monthly variables.

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Definitions:

Retained Earnings

The portion of net earnings not paid out as dividends but instead retained by the company to be reinvested in its core business or to pay debt.

Net Income

The total profit of a company, after all expenses and taxes have been subtracted from total revenue.

Dividends

Payments made by a corporation to its shareholder members, usually as a distribution of profits.

Common Stock

Equity ownership in a corporation, offering voting rights and dividends to shareholders, subordinate to preferred stock.