Use the Following to Answer Question(s): Income Distribution in the United

question 27

Multiple Choice

Use the following to answer question(s) : Income Distribution in the United States

-(Exhibit: Income Distribution in the United States) In 2010, the lowest ________ percent of the families received _______ of the income.

• A) 8.5; 20
• B) 20; 20
• C) 40; 11.8
• D) 40; 8.5

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Definitions:

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains unchanged.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Retained Earnings

The part of the net earnings kept by the company instead of being paid out to its shareholders in the form of dividends.

Financial Statements

Documents that offer a summary of a company's financial status, encompassing the balance sheet, income statement, and cash flow statement.