Which of the Following Statements Is Most Accurate

question 95

Multiple Choice

Which of the following statements is most accurate?

• A)The name Gatorade was chosen because as an energy drink it "got you out the gate-fast."
• B)The name Gatorade was coined by a team who lost to the University of Florida Gators, attributing the Gator win to the "aid" it got from the rehydrating beverage.
• C)The green color of the original lemon-lime Gatorade was based on the University of Florida's alligator mascot.
• D)Gatorade was developed by PepsiCo as a cause-marketing project to provide resources for women's sports at the University of Florida as a result of the passage of Title IX in 1972.
• E)Gatorade is the only sports drink marketer that doesn't use sports celebrities to endorse its products.

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Definitions:

Common Stock

A type of equity ownership in a corporation, representing a claim on part of the company's profits and assets.

Dividends in Arrears

Outstanding dividend payments that have not been paid to preferred shareholders.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often with dividend payment preferences.

Redemption Value

The price at which an issuer can repurchase a bond or debt instrument before it reaches its due date.