Cliff Retired 10 Years Ago and Wants to Still Own

question 99

Multiple Choice

Cliff retired 10 years ago and wants to still own a few stocks.Dividends are important to him,but so is growth.He is most interested in stocks that are safe investments.He should purchase _______ stocks.

• A) blue chip
• B) cyclical
• C) micro cap
• D) midcap
• E) penny

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Definitions:

Accounts Payable

The short-term liabilities or obligations a company owes to its suppliers or creditors for goods and services received.

Stockholders' Equity

The ownership interest of shareholders in the assets of a corporation, calculated as total assets minus total liabilities.

Accounts Payable

Amounts a company owes to suppliers or creditors for goods and services received but not yet paid for, recorded as a liability.

Supplies

Items that are used in the day-to-day operation of a business but do not directly relate to the goods or services sold.